Free Morning Forex Trading signals – Aug 09, 2013 Published: 9 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 upside prevails. Pivot: 1.3345. Our preference: LONG positions above 1.3345 with targets @ 1.3415 & 1.345. Alternative scenario: The downside breakout of 1.3345 will open the way to 1.331 & 1.329. Comment: the pair is approaching our MT pivot point set at 1.3415, caution. The upside breakout of this level would trigger a bullish acceleration. NEXT GBP/USD intraday: the upside prevails. Pivot: 1.5480. Our preference: LONG positions above 1.548 with 1.5595 & 1.5675 as next targets. Alternative scenario: The downside penetration of 1.548 will call for a slide towards 1.5435 & 1.5385. Comment: the pair stands above its support and remains on the upside, the RSI stands above its neutrality area. PREVIOUS NEXT USD/JPY intraday: key ST resistance at 96.9 Pivot: 96.90. Our preference: SHORT positions below 96.9 with targets @ 95.7 & 95.15. Alternative scenario: The upside penetration of 96.9 will call for a rebound towards 97.45 & 97.8. Comment: the pair failed to break above its key resistance and remains on the downside. PREVIOUS NEXT EUR/JPY intraday: rebound expected. Pivot: 128.7 Our preference: Long @ 128.85 with targets @ 129.75 & 130.15 in extension. Alternative scenario: Below 128.7 look for further downside with 128.15 & 127.45 as targets. Comment: the pair is pulling back on its new support ahead of a rebound. PREVIOUS NEXT GBP/JPY intraday: rebound expected. Pivot: 149.4 Our preference: Long positions above 149.4 with targets @ 150.65 & 151 in extension. Alternative scenario: Below 149.4 look for further downside with 148.85 & 148.2 as targets. Comment: the pair is pulling back on its new support ahead of a rebound. PREVIOUS NEXT AUD/USD intraday: bullish bias above 0.904. Pivot: 0.904 Our preference: Long positions above 0.904 with targets @ 0.921 & 0.9255 in extension. Alternative scenario: Below 0.904 look for further downside with 0.8985 & 0.8915 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. PREVIOUS NEXT Cac 40 (Aug 13) intraday: target 4120 Pivot: 4000 Our preference: LONG positions above 4000 with 4105 & 4120 in sight. Alternative scenario: The downside breakout of 4000 will open the way to 3965 & 3921. Comment : the RSI is bullish and calls for further upside. PREVIOUS NEXT Dax (Sep 13) intraday: rebound expected. Pivot: 8215 Our preference: LONG positions above 8215 with targets @ 8370 & 8435. Alternative scenario: The downside penetration of 8215 will call for 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
