Free Morning Forex Trading signals – Aug 22, 2013 Published: 22 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: under pressure. Pivot: 1.3380. Our preference: SHORT positions below 1.338 with 1.3305 & 1.327 as next targets. Alternative scenario: The upside breakout of 1.338 will open the way to 1.341 & 1.345. Comment: the pair is posting a rebound but stands below its resistance. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.5665. Our preference: SHORT positions below 1.5665 with 1.557 & 1.5545 as next targets. Alternative scenario: The upside penetration of 1.5665 will call for a rebound towards 1.572 & 1.575. Comment: the pair stands below its resistance and remains under pressure. PREVIOUS NEXT USD/JPY intraday: the upside prevails. Pivot: 97.50. Our preference: LONG positions above 97.5 with 98.3 & 98.65 as next targets. Alternative scenario: The downside penetration of 97.5 will call for 97.25 & 96.85. Comment: the pair remains on the upside and is challenging its resistance, the RSI is well directed. PREVIOUS NEXT EUR/JPY intraday: further advance. Pivot: 130.35 Our preference: Long positions above 130.35 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: the pair remains on the upside and is challenging its resistance. PREVIOUS NEXT GBP/JPY intraday: intraday support around 152.55. Pivot: 152.55 Our preference: Long @ 152.75 with targets @ 153.65 & 154.05 in extension. Alternative scenario: Below 152.55 look for further downside with 151.7 & 151.1 as targets. Comment: a support base at 152.55 has formed and has allowed for a temporary stabilisation. PREVIOUS NEXT AUD/USD intraday: the downside prevails. Pivot: 0.9055 Our preference: Short positions below 0.9055 with targets @ 0.893 & 0.891 in extension. Alternative scenario: Above 0.9055 look for further upside with 0.91 & 0.913 as targets. Comment: the pair is rebounding but stands below its resistance. PREVIOUS NEXT Cac 40 (Sep 13) intraday: consolidation. Pivot: 4050 Our preference: SHORT positions below 4050 with 3998 & 3966 in sight. Alternative scenario: The upside penetration of 4050 will call for 4090 & 4125. Comment : the RSI is capped by a declining trend line. PREVIOUS NEXT Dax (Sep 13) intraday: consolidation. Pivot: 8330 Our preference: SHORT positions below 8330 with 8240 & 8215 as next targets. Alternative scenario: The upside breakout of 8330 will open the way to 8400 & 8460. Comment: prices are trading within a declining channel. 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
