Free Afternoon Forex Trading signals – Mar 22, 2013 Published: 22 March 2013 Categories: Free Forex trading Signals EUR/USD GBP/USD USD/CHF USD/CAD CRUDE OIL GOLD DOWJONES S&P 500 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD intraday: rebound. Pivot: 1.2885. Our preference: LONG positions above 1.2885 with targets @ 1.298 & 1.304. Alternative scenario: The downside penetration of 1.2885 will call for 1.284 & 1.2815. Comment: the pair is rebounding and is approaching its next resistance, the RSI is well directed but is also overbought. NEXT GBP/USD intraday: the upside prevails. Pivot: 1.514 Our preference: Long positions above 1.514 with targets @ 1.521 & 1.5235 in extension. Alternative scenario: Below 1.514 look for further downside with 1.5105 & 1.5065 as targets. Comment: the pair remains on the upside and is challenging its resistance, the RSI stands above its neutrality area and is well directed. PREVIOUS NEXT USD/CHF intraday: under pressure. Pivot: 0.949 Our preference: Short positions below 0.949 with targets @ 0.9415 & 0.9375 in extension. Alternative scenario: Above 0.949 look for further upside with 0.953 & 0.9565 as targets. Comment: the pair remains under pressure and is challenging its support, the RSI is badly directed but is also oversold. PREVIOUS NEXT USD/CAD intraday: the upside prevails. Pivot: 1.023 Our preference: Long positions above 1.023 with targets @ 1.0275 & 1.0295 in extension. Alternative scenario: Below 1.023 look for further downside with 1.021 & 1.0195 as targets. Comment: the pair has broken above a declining trend line and is facing a pull back ahead of further advance. PREVIOUS NEXT Crude Oil (May 13) intraday: the downside prevails. Pivot: 93.50 Our preference: SHORT positions below 93.5 with 91.6 & 90.75 in sight. Alternative scenario: The upside penetration of 93.5 will call for 93.9 & 94.45. Comment: as long as 93.5 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT GOLD (Spot) intraday: further advance. Pivot: 1606.00 Our preference: LONG positions above 1606 with 1619 & 1625 as next targets. Alternative scenario: The downside penetration of 1606 will call for 1600 & 1590. Comment: the RSI is mixed and calls for caution. PREVIOUS NEXT Dow Jones (Jun 13) intraday: consolidation. Pivot: 14480 Our preference: SHORT positions below 14480 with 14270 & 14205 as next targets. Alternative scenario: The upside penetration of 14480 will call for a rebound towards 14520 & 14570. Comment: the RSI is badly directed. PREVIOUS NEXT S&P 500 (Jun 13) intraday: consolidation. Pivot: 1556 Our preference: SHORT positions below 1556 with targets @ 1529 & 1518. Alternative scenario: The upside breakout of 1556 will open the way to 1564 & 1569. Comment: as long as 1556 is resistance, look for choppy price action with a bearish bias. PREVIOUS 0 0 votes Page Rating Subscribe Notify of new follow-up comments new replies to my comments I allow to use my email address and send notification about new comments and replies (you can unsubscribe at any time). Label {} [+] Name* Email* Label {} [+] Name* Email* 0 Comments Inline Feedbacks View all comments
