Free Morning Forex Trading signals – Apr 4, 2013 Published: 4 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 bias remains bullish. Pivot: 1.2805. Our preference: LONG positions above 1.2805 with 1.2875 & 1.291 as next targets. Alternative scenario: The downside breakout of 1.2805 will open the way to 1.279 & 1.277. Comment: the pair is facing a pull back on its support, the RSI lacks downward momentum and is approaching its oversold area. NEXT GBP/USD intraday: the bias remains bullish. Pivot: 1.5070. Our preference: LONG positions above 1.507 with targets @ 1.5175 & 1.522. Alternative scenario: The downside penetration of 1.507 will call for a slide towards 1.5045 & 1.502. Comment: the pair is facing a pull back but stands above its support, the RSI lacks downward momentum. PREVIOUS NEXT USD/JPY intraday: the upside prevails. Pivot: 93.70. Our preference: LONG positions above 93.7 with 94.9 & 95.15 as next targets. Alternative scenario: The downside penetration of 93.7 will call for a slide towards 93.3 & 93.05. Comment: the pair has broken above its resistance and remains on the upside, the RSI is well directed but is also overbought. PREVIOUS NEXT EUR/JPY intraday: further advance. Pivot: 120.25 Our preference: Long positions above 120.25 with targets @ 121.85 & 122.3 in extension. Alternative scenario: Below 120.25 look for further downside with 119.7 & 119.1 as targets. Comment: the pair is rebounding and is approaching its next resistance, the RSI is well directed but is also overbought. PREVIOUS NEXT GBP/JPY intraday: further advance. Pivot: 140.9 Our preference: Long positions above 140.9 with targets @ 142.4 & 143 in extension. Alternative scenario: Below 140.9 look for further downside with 140.4 & 140.1 as targets. Comment: the pair has broken above its resistance and should post further advance as the RSI is well directed. PREVIOUS NEXT AUD/USD intraday: the upside prevails. Pivot: 1.044 Our preference: Long positions above 1.044 with targets @ 1.0495 & 1.0525 in extension. Alternative scenario: Below 1.044 look for further downside with 1.043 & 1.0415 as targets. Comment: the pair has struck against its resistance and is facing a pull back ahead of a rebound. PREVIOUS NEXT Cac 40 (Apr 13) intraday: bullish bias above 3718 Pivot: 3718 Our preference: LONG positions above 3718 with 3812 & 3837 as next targets. Alternative scenario: The downside penetration of 3718 will call for 3670 & 3645. Comment : the RSI is mixed and calls for caution. PREVIOUS NEXT Dax (Jun 13) intraday: range. Pivot: 7792 Our preference: LONG positions above 7792 with 7990 & 8040 in sight. Alternative scenario: The downside penetration of 7792 will call for 7735 & 7645. Comment: the RSI lacks momentum. 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
