Free Morning Forex Trading signals – Aug 23, 2013 Published: 23 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 1.338 Pivot: 1.3380. Our preference: SHORT positions below 1.338 with 1.3295 & 1.327 in sight. Alternative scenario: The upside penetration of 1.338 will call for a rebound towards 1.341 & 1.345. Comment: the pair stands below its resistance and remains under pressure, the RSI is badly directed. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.5635. Our preference: SHORT positions below 1.5635 with targets @ 1.5545 & 1.5515. Alternative scenario: The upside breakout of 1.5635 will open the way to 1.5665 & 1.572. Comment: the pair stands below its resistance and remains under pressure. PREVIOUS NEXT USD/JPY intraday: the bias remains bullish. Pivot: 98.40. Our preference: LONG positions above 98.4 with targets @ 99.1 & 99.35. Alternative scenario: The downside penetration of 98.4 will call for 98.1 & 97.75. Comment: the pair stands above its new support and remains on the upside, the RSI is well directed. PREVIOUS NEXT EUR/JPY intraday: further upside. Pivot: 131.2 Our preference: Long positions above 131.2 with targets @ 132.35 & 132.7 in extension. Alternative scenario: Below 131.2 look for further downside with 130.35 & 129.85 as targets. Comment: the pair stands above its new support and remains on the upside. PREVIOUS NEXT GBP/JPY intraday: further upside. Pivot: 153 Our preference: Long positions above 153 with targets @ 154.6 & 155.3 in extension. Alternative scenario: Below 153 look for further downside with 152.55 & 152 as targets. Comment: the pair has broken above its resistance and should post further advance. PREVIOUS NEXT AUD/USD intraday: key ST resistance at 0.9055. Pivot: 0.9055 Our preference: Short positions below 0.9055 with targets @ 0.896 & 0.893 in extension. Alternative scenario: Above 0.9055 look for further upside with 0.91 & 0.913 as targets. Comment: as long as 0.9055 is resistance, likely decline to 0.896. PREVIOUS NEXT Cac 40 (Sep 13) intraday: rebound. Pivot: 4000 Our preference: LONG positions above 4000 with 4090 & 4105 in sight. Alternative scenario: The downside breakout of 4000 will open the way to 3966 & 3925. Comment : Prices pulled back on the neckline of a double-bottom pattern. PREVIOUS NEXT Dax (Sep 13) intraday: limited upside. Pivot: 8245 Our preference: LONG positions above 8245 with 8460 & 8530 as next targets. Alternative scenario: The downside breakout of 8245 will open the way to 8215 & 8140. Comment: prices aim the upper boundary of the trading-range set between 8245 & 8460. 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