Free Morning Forex Trading signals – Apr 11, 2013 Published: 11 April 2013 Categories: Free Forex trading Signals EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY AUD/USD CAC 40 DAX 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: the downside prevails. Pivot: 1.3090. Our preference: SHORT positions below 1.309 with targets @ 1.303 & 1.2995. Alternative scenario: The upside penetration of 1.309 will call for 1.312 & 1.316. Comment: the pair has validated a rising wedge and is posting a pull back on its new resistance ahead of further weakness. NEXT GBP/USD intraday: under pressure. Pivot: 1.5360. Our preference: SHORT positions below 1.536 with 1.5285 & 1.5245 as next targets. Alternative scenario: The upside penetration of 1.536 will call for a rebound towards 1.541 & 1.545. Comment: the pair is posting a rebound but stands below its strong resistance, the RSI stands around its neutrality area. PREVIOUS NEXT USD/JPY intraday: intraday support around 98.9 Pivot: 98.90. Our preference: LONG positions @ 99 with 100 & 100.8 in sight. Alternative scenario: The downside penetration of 98.9 will call for a slide towards 98 & 97.15. Comment: the pair remains on the upside and is approaching its previous high. PREVIOUS NEXT EUR/JPY intraday: intraday support around 129.3. Pivot: 129.3 Our preference: Long @ 129.4 with targets @ 130.65 & 131.5 in extension. Alternative scenario: Below 129.3 look for further downside with 128.4 & 127.25 as targets. Comment: the pair has rebounded on its support and remains on the upside as the RSI is reversing up. PREVIOUS NEXT GBP/JPY intraday: bullish bias above 151.5. Pivot: 151.5 Our preference: Long positions above 151.5 with targets @ 153.65 & 154.7 in extension. Alternative scenario: Below 151.5 look for further downside with 150.5 & 149.15 as targets. Comment: the pair stands above its new support and remains on the upside, the RSI is reversing up. PREVIOUS NEXT AUD/USD intraday: rebound. Pivot: 1.05 Our preference: Long positions above 1.05 with targets @ 1.055 & 1.0575 in extension. Alternative scenario: Below 1.05 look for further downside with 1.0465 & 1.0445 as targets. Comment: the pair is rebounding on its support as the RSI is reversing up. PREVIOUS NEXT Cac 40 (Apr 13) intraday: target 3795 Pivot: 3655 Our preference: LONG positions above 3655 with 3795 & 3812 as next targets. Alternative scenario: The downside breakout of 3655 will open the way to 3638 & 3615. Comment : Prices broke above the upper boundary of a broadening formation. PREVIOUS NEXT Dax (Jun 13) intraday: target 7940 Pivot: 7715 Our preference: LONG positions above 7715 with targets @ 7865 & 7940. Alternative scenario: The downside breakout of 7715 will open the way to 7620 & 7590. Comment: the RSI is bullish and calls for further upside. 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
