Free Morning Forex Trading signals – Aug 08, 2013 Published: 8 August 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: 1.3290. Our preference: LONG positions above 1.329 with targets @ 1.3345 & 1.338. Alternative scenario: The downside breakout of 1.329 will open the way to 1.3265 & 1.323. Comment: the pair remains on the upside and is challenging its previous high. NEXT GBP/USD intraday: the upside prevails. Pivot: 1.5385. Our preference: LONG positions above 1.5385 with 1.5525 & 1.5595 in sight. Alternative scenario: The downside penetration of 1.5385 will call for 1.5305 & 1.525. Comment: the pair stands above its support and remains on the upside, the RSI stands above its neutrality area. PREVIOUS NEXT USD/JPY intraday: the downside prevails. Pivot: 97.45. Our preference: SHORT positions below 97.45 with targets @ 96.2 & 95.7. Alternative scenario: The upside breakout of 97.45 will open the way to 97.8 & 98.15. Comment: the pair remains within a bearish channel, the RSI stands below its neutrality area. PREVIOUS NEXT EUR/JPY intraday: key ST resistance at 129.75. Pivot: 129.75 Our preference: Short @ 129.55 with targets @ 128.35 & 128 in extension. Alternative scenario: Above 129.75 look for further upside with 130.15 & 130.9 as targets. Comment: as long as 129.75 is resistance, look for choppy price action with a bearish bias. PREVIOUS NEXT GBP/JPY intraday: key ST resistance at 150.35. Pivot: 150.35 Our preference: Short positions below 150.35 with targets @ 148.75 & 148.2 in extension. Alternative scenario: Above 150.35 look for further upside with 151 & 151.6 as targets. Comment: the upward potential is likely to be limited by the resistance at 150.35. PREVIOUS NEXT AUD/USD intraday: further advance. Pivot: 0.8985 Our preference: Long positions above 0.8985 with targets @ 0.9095 & 0.9125 in extension. Alternative scenario: Below 0.8985 look for further downside with 0.8915 & 0.8845 as targets. Comment: the immediate trend remains up and the momentum is strong. PREVIOUS NEXT Cac 40 (Aug 13) intraday: aim @ 4073 Pivot: 4000 Our preference: LONG positions above 4000 with 4062 & 4073 as next targets. Alternative scenario: The downside penetration of 4000 will call for a slide towards 3965 & 3921. Comment : the RSI calls for a rebound. PREVIOUS NEXT Dax (Sep 13) intraday: rebound expected. Pivot: 8215 Our preference: LONG positions above 8215 with 8370 & 8435 as next targets. Alternative scenario: The downside penetration of 8215 will call for a slide towards 8140 & 8085. Comment: Prices are holding above a significant intraday support at 8215 points. 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
