Free Afternoon Forex Trading signals – May 14, 2013 Published: 14 May 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: under pressure. Pivot: 1.3025 Our preference: Short positions below 1.3025 with targets @ 1.293 & 1.29 in extension. Alternative scenario: Above 1.3025 look for further upside with 1.306 & 1.311 as targets. Comment: the pair has broken below its support and is challenging its previous low. NEXT GBP/USD intraday: under pressure. Pivot: 1.533 Our preference: Short positions below 1.533 with targets @ 1.527 & 1.5215 in extension. Alternative scenario: Above 1.533 look for further upside with 1.5385 & 1.544 as targets. Comment: the pair remains on the downside and is challenging its support. PREVIOUS NEXT USD/CHF intraday: intraday support around 0.951. Pivot: 0.951 Our preference: Long positions above 0.951 with targets @ 0.963 & 0.9675 in extension. Alternative scenario: Below 0.951 look for further downside with 0.947 & 0.9415 as targets. Comment: the pair has rebounded on its support and should post further advance. PREVIOUS NEXT USD/CAD intraday: further advance. Pivot: 1.009 Our preference: Long positions above 1.009 with targets @ 1.015 & 1.0175 in extension. Alternative scenario: Below 1.009 look for further downside with 1.006 & 1.004 as targets. Comment: the RSI is bullish and calls for further upside. PREVIOUS NEXT Crude Oil (Jun 13) intraday: the downside prevails. Pivot: 95.75 Our preference: SHORT positions below 95.75 with targets @ 94.5 & 93.35. Alternative scenario: The upside breakout of 95.75 will open the way to 96.25 & 96.75. Comment: capped by a negative trend line. PREVIOUS NEXT GOLD (Spot) intraday: key ST resistance at 1444 Pivot: 1444.00 Our preference: SHORT positions below 1444 with targets @ 1419 & 1404. Alternative scenario: The upside breakout of 1444 will open the way to 1449 & 1462. Comment: the bearish triangle calls for an extension of the recent downward track. PREVIOUS NEXT Dow Jones (Jun 13) intraday: bullish bias above 15000 Pivot: 15000 Our preference: LONG positions above 15000 with 15110 & 15150 as next targets. Alternative scenario: The downside breakout of 15000 will open the way to 14950 & 14875. Comment: a support base at 15000 has formed and has allowed for a temporary stabilisation. PREVIOUS NEXT S&P 500 (Jun 13) intraday: bullish bias above 1621 Pivot: 1621 Our preference: LONG positions above 1621 with 1639 & 1646 as next targets. Alternative scenario: The downside penetration of 1621 will call for a slide towards 1615 & 1607. Comment: the immediate trend remains down but the momentum is weak. 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
