Free Morning Forex Trading signals – Aug 21, 2013 Published: 21 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: 1.3365. Our preference: LONG positions @ 1.338 with targets @ 1.345 & 1.349. Alternative scenario: The downside breakout of 1.3365 will open the way to 1.3305 & 1.327. Comment: the pair has broken above its resistance and remains on the upside. NEXT GBP/USD intraday: the bias remains bullish. Pivot: 1.5605. Our preference: LONG positions @ 1.5625 with targets @ 1.569 & 1.572. 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: the upside prevails. Pivot: 97.00. Our preference: LONG positions above 97 with 97.85 & 98.3 as next targets. Alternative scenario: The downside breakout of 97 will open the way to 96.75 & 96.4. Comment: the pair is rebounding on its support and should post further advance, the RSI is well directed. PREVIOUS NEXT EUR/JPY intraday: the bias remains bullish. Pivot: 130.35 Our preference: Long @ 130.5 with targets @ 131.15 & 131.5 in extension. Alternative scenario: Below 130.35 look for further downside with 129.85 & 129.4 as targets. Comment: a support base at 130.35 has formed and has allowed for a temporary stabilisation. PREVIOUS NEXT GBP/JPY intraday: rebound. Pivot: 151.9 Our preference: Long positions above 151.9 with targets @ 153.1 & 153.55 in extension. Alternative scenario: Below 151.9 look for further downside with 151.45 & 151.1 as targets. Comment: the pair has rebounded and is breaking above its resistance as the RSI is well directed. PREVIOUS NEXT AUD/USD intraday: the downside prevails. Pivot: 0.91 Our preference: Short positions below 0.91 with targets @ 0.9 & 0.896 in extension. Alternative scenario: Above 0.91 look for further upside with 0.913 & 0.916 as targets. Comment: a break below 0.9 would trigger a drop towards 0.896. PREVIOUS NEXT Cac 40 (Sep 13) intraday: consolidation. Pivot: 4050 Our preference: SHORT positions below 4050 with 4010 & 3998 as next targets. Alternative scenario: The upside breakout of 4050 will open the way to 4068 & 4090. Comment : the RSI is mixed with a bearish bias. PREVIOUS NEXT Dax (Sep 13) intraday: consolidation. Pivot: 8335 Our preference: SHORT positions below 8335 with targets @ 8240 & 8215. Alternative scenario: The upside penetration of 8335 will call for a rebound towards 8400 & 8460. Comment: the RSI is mixed with a bearish bias. 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
