Free Morning Forex Trading signals – Aug 26, 2013 Published: 26 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: 1.3330. Our preference: LONG positions above 1.333 with 1.341 & 1.345 as next targets. Alternative scenario: The downside penetration of 1.333 will call for 1.3295 & 1.327. Comment: the pair stands above its support and remains on the upside, the RSI stands above its neutrality area. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.5605. Our preference: SHORT positions below 1.5605 with targets @ 1.5535 & 1.5515. Alternative scenario: The upside breakout of 1.5605 will open the way to 1.5635 & 1.5665. Comment: the pair stands below its resistance and remains under pressure. PREVIOUS NEXT USD/JPY intraday: the bias remains bullish. Pivot: 98.35. Our preference: LONG positions @ 98.45 with 98.85 & 99.1 as next targets. Alternative scenario: The downside penetration of 98.35 will call for a slide towards 98.1 & 97.75. Comment: the pair is facing a pull back on its support ahead of further advance. PREVIOUS NEXT EUR/JPY intraday: the bias remains bullish. Pivot: 131.55 Our preference: Long positions above 131.55 with targets @ 132.35 & 132.7 in extension. Alternative scenario: Below 131.55 look for further downside with 131 & 130.35 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. PREVIOUS NEXT GBP/JPY intraday: under pressure. Pivot: 154 Our preference: Short positions below 154 with targets @ 153 & 152.55 in extension. Alternative scenario: Above 154 look for further upside with 154.6 & 155.3 as targets. Comment: the pair is breaking below its support and should face further weakness as the RSI is badly directed. PREVIOUS NEXT AUD/USD intraday: key ST resistance at 0.9055. Pivot: 0.9055 Our preference: Short @ 0.9045 with targets @ 0.8995 & 0.896 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, look for choppy price action with a bearish bias. PREVIOUS NEXT Cac 40 (Sep 13) intraday: rebound. Pivot: 4005 Our preference: LONG positions above 4005 with 4090 & 4105 as next targets. Alternative scenario: The downside breakout of 4005 will open the way to 3966 & 3925. Comment : the RSI is mixed to bullish. PREVIOUS NEXT Dax (Sep 13) intraday: limited upside. Pivot: 8245 Our preference: LONG positions above 8245 with targets @ 8460 & 8530. Alternative scenario: The downside penetration of 8245 will call for 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
