Free Morning Forex Trading signals – Feb 19, 2013 Published: 19 February 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 downside prevails. Pivot: 1.3380. Our preference: SHORT positions below 1.338 with 1.3305 & 1.326 in sight. Alternative scenario: The upside breakout of 1.338 will open the way to 1.3415 & 1.344. Comment: the pair stands below its new strong resistance and remains under pressure, the RSI stands around its neutrality area. NEXT GBP/USD intraday: key ST resistance at 1.551 Pivot: 1.5510. Our preference: SHORT positions below 1.551 with 1.541 & 1.534 in sight. Alternative scenario: The upside penetration of 1.551 will call for a rebound towards 1.555 & 1.56. Comment: the pair stands below its new strong resistance and remains under pressure, the RSI lacks upward momentum. PREVIOUS NEXT USD/JPY intraday: the bias remains bullish. Pivot: 93.25. Our preference: LONG positions above 93.25 with 94.45 & 95 in sight. Alternative scenario: The downside penetration of 93.25 will call for a slide towards 92.75 & 92.15. Comment: the pair is facing a pull back on its support ahead of a rebound, the RSI stands above its oversold area and is turning up. PREVIOUS NEXT EUR/JPY intraday: intraday support around 124.55. Pivot: 124.55 Our preference: Long positions above 124.55 with targets @ 126.15 & 126.9 in extension. Alternative scenario: Below 124.55 look for further downside with 123.6 & 122.9 as targets. Comment: the pair is facing a pull back on its support ahead of further advance, the RSI stands above its oversold area and is turning up. PREVIOUS NEXT GBP/JPY intraday: caution. Pivot: 144.75 Our preference: Long positions above 144.75 with targets @ 145.9 & 146.55 in extension. Alternative scenario: Below 144.75 look for further downside with 143.65 & 142.7 as targets. Comment: the pair is facing a pull back and is challenging its support, the RSI is mixed and calls for caution. PREVIOUS NEXT AUD/USD intraday: key ST resistance at 1.033. Pivot: 1.033 Our preference: Short positions below 1.033 with targets @ 1.027 & 1.0255 in extension. Alternative scenario: Above 1.033 look for further upside with 1.037 & 1.04 as targets. Comment: the pair is challenging its resistance (former support), the RSI calls for caution. PREVIOUS NEXT Cac 40 (Mar 13) intraday: consolidation. Pivot: 3695 Our preference: SHORT positions below 3695 with 3641 & 3625 as next targets. Alternative scenario: The upside breakout of 3695 will open the way to 3709 & 3725. Comment : the RSI is mixed to bearish. PREVIOUS NEXT Dax (Mar 13) intraday: consolidation. Pivot: 7650 Our preference: SHORT positions below 7650 with 7570 & 7537 as next targets. Alternative scenario: The upside penetration of 7650 will call for 7691 & 7735. Comment: the RSI is mixed to bearish. 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
