Free Morning Forex Trading signals – Aug 6, 2013 Published: 6 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: bullish bias above 1.323 Pivot: 1.3230. Our preference: LONG positions above 1.323 with 1.33 & 1.3345 in sight. Alternative scenario: The downside breakout of 1.323 will open the way to 1.3195 & 1.3175. Comment: the pair stands above its new support, the RSI is reversing up. NEXT GBP/USD intraday: further advance. Pivot: 1.5315. Our preference: LONG positions above 1.5315 with 1.538 & 1.5415 as next targets. Alternative scenario: The downside penetration of 1.5315 will call for 1.526 & 1.522. Comment: the pair remains on the upside and is challenging its resistance. PREVIOUS NEXT USD/JPY intraday: under pressure. Pivot: 98.70. Our preference: SHORT positions below 98.7 with targets @ 97.65 & 97.2. Alternative scenario: The upside penetration of 98.7 will call for 99.15 & 99.45. Comment: the pair stands below its resistance and remains under pressure, the RSI lacks upward momentum. PREVIOUS NEXT EUR/JPY intraday: the downside prevails. Pivot: 130.4 Our preference: Short positions below 130.4 with targets @ 129.7 & 129.3 in extension. Alternative scenario: Above 130.4 look for further upside with 130.9 & 131.55 as targets. Comment: the pair is posting a rebound but stands below its resistance, the RSI stands around its neutrality area. PREVIOUS NEXT GBP/JPY intraday: rebound. Pivot: 150.3 Our preference: Long positions above 150.3 with targets @ 151.6 & 152.1 in extension. Alternative scenario: Below 150.3 look for further downside with 149.9 & 149.3 as targets. Comment: the pair is rebounding on its support as the RSI is reversing up. PREVIOUS NEXT AUD/USD intraday: turning up. Pivot: 0.888 Our preference: Long positions above 0.888 with targets @ 0.901 & 0.9075 in extension. Alternative scenario: Below 0.888 look for further downside with 0.8845 & 0.881 as targets. Comment: the pair has broken above an intraday bearish channel resistance. PREVIOUS NEXT Cac 40 (Aug 13) intraday: limited upside. Pivot: 3965 Our preference: LONG positions above 3965 with 4080 & 4100 in sight. Alternative scenario: The downside penetration of 3965 will call for a slide towards 3921 & 3900. Comment : the RSI is mixed. PREVIOUS NEXT Dax (Sep 13) intraday: the bias remains bullish. Pivot: 8325 Our preference: LONG positions above 8325 with 8465 & 8530 in sight. Alternative scenario: The downside breakout of 8325 will open the way to 8220 & 8185. Comment: the RSI has just landed on a support around 30% and is reversing up. 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
