Free Morning Forex Trading signals – Aug 1, 2013 Published: 1 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: limited upside. Pivot: 1.3250. Our preference: LONG positions above 1.325 with targets @ 1.33 & 1.3345. Alternative scenario: The downside breakout of 1.325 will open the way to 1.321 & 1.3175. Comment: the pair is facing a pull back on its support. NEXT GBP/USD intraday: limited upside. Pivot: 1.5120. Our preference: LONG positions above 1.512 with 1.525 & 1.529 as next targets. Alternative scenario: The downside penetration of 1.512 will call for a slide towards 1.507 & 1.503. Comment: the pair and its intraday RSI have broken above their declining trend lines. PREVIOUS NEXT USD/JPY intraday: caution. Pivot: 98.40. Our preference: SHORT positions below 98.4 with 97.5 & 97.2 as next targets. Alternative scenario: The upside penetration of 98.4 will call for a rebound towards 99 & 99.35. Comment: the pair is rebounding and is challenging its resistance, caution. PREVIOUS NEXT EUR/JPY intraday: bullish bias above 129.75. Pivot: 129.75 Our preference: Long @ 129.95 with targets @ 131 & 131.4 in extension. Alternative scenario: Below 129.75 look for further downside with 129.25 & 128.85 as targets. Comment: the pair is breaking above its resistance and should post further advance. PREVIOUS NEXT GBP/JPY intraday: the downside prevails. Pivot: 149.9 Our preference: Short positions below 149.9 with targets @ 148.2 & 147.5 in extension. Alternative scenario: Above 149.9 look for further upside with 150.5 & 151.25 as targets. Comment: the pair is posting a rebound but stands below its resistance. PREVIOUS NEXT AUD/USD intraday: the downside prevails. Pivot: 0.9 Our preference: Short positions below 0.9 with targets @ 0.892 & 0.885 in extension. Alternative scenario: Above 0.9 look for further upside with 0.9075 & 0.914 as targets. Comment: the pair is trading in a bearish channel. PREVIOUS NEXT Cac 40 (Aug 13) intraday: target 4060 Pivot: 3960 Our preference: LONG positions above 3960 with 4032 & 4060 in sight. Alternative scenario: The downside penetration of 3960 will call for a slide towards 3921 & 3900. Comment : the RSI is mixed to bullish. PREVIOUS NEXT Dax (Sep 13) intraday: caution. Pivot: 8210 Our preference: LONG positions above 8210 with 8325 & 8350 as next targets. Alternative scenario: The downside penetration of 8210 will call for 8185 & 8138. Comment: the RSI advocates for further advance. 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