Free Morning Forex Trading signals – Aug 20, 2013 Published: 20 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: key ST resistance at 1.3365 Pivot: 1.3365. Our preference: SHORT positions below 1.3365 with 1.3305 & 1.327 in sight. Alternative scenario: The upside penetration of 1.3365 will call for a rebound towards 1.338 & 1.34. Comment: the pair is rebounding but stands below its resistance. NEXT GBP/USD intraday: the bias remains bullish. Pivot: 1.5605. Our preference: LONG positions above 1.5605 with 1.5685 & 1.572 as next targets. Alternative scenario: The downside breakout of 1.5605 will open the way to 1.557 & 1.554. Comment: the pair stands above its support and remains on the upside. PREVIOUS NEXT USD/JPY intraday: intraday support around 97.3 Pivot: 97.30. Our preference: LONG positions above 97.3 with 97.85 & 98.3 in sight. Alternative scenario: The downside breakout of 97.3 will open the way to 96.95 & 96.4. Comment: the pair is facing a pull back on its support. PREVIOUS NEXT EUR/JPY intraday: under pressure. Pivot: 131.15 Our preference: Short positions below 131.15 with targets @ 129.75 & 129.4 in extension. Alternative scenario: Above 131.15 look for further upside with 131.5 & 131.95 as targets. Comment: the pair remains under pressure and is approaching its support, the RSI has broken below a rising trend line. PREVIOUS NEXT GBP/JPY intraday: break of a ST rising trendline support. Pivot: 153.1 Our preference: Short positions below 153.1 with targets @ 151.9 & 151.45 in extension. Alternative scenario: Above 153.1 look for further upside with 153.55 & 154.05 as targets. Comment: the pair is under pressure and is breaking below a rising trend line. PREVIOUS NEXT AUD/USD intraday: the downside prevails. Pivot: 0.913 Our preference: Short positions below 0.913 with targets @ 0.9035 & 0.9 in extension. Alternative scenario: Above 0.913 look for further upside with 0.916 & 0.919 as targets. Comment: the RSI has broken down its 30 level. PREVIOUS NEXT Cac 40 (Sep 13) intraday: consolidation. Pivot: 4127 Our preference: SHORT positions below 4127 with 4050 & 4035 as next targets. Alternative scenario: The upside breakout of 4127 will open the way to 4145 & 4170. Comment : the RSI is badly directed. PREVIOUS NEXT Dax (Sep 13) intraday: consolidation. Pivot: 8405 Our preference: SHORT positions below 8405 with targets @ 8240 & 8215. Alternative scenario: The upside penetration of 8405 will call for 8460 & 8530. Comment: the RSI is badly directed. 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
