Free Morning Forex Trading signals – Feb 7, 2013 Published: 7 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: caution. Pivot: 1.3545. Our preference: SHORT positions below 1.3545 with 1.3485 & 1.3455 in sight. Alternative scenario: The upside penetration of 1.3545 will call for a rebound towards 1.3585 & 1.3615. Comment:the pair is rebounding and is approaching its resistance, the RSI stands above its neutral area and calls for caution. NEXT GBP/USD intraday: under pressure. Pivot: 1.5690. Our preference: SHORT positions below 1.569 with targets @ 1.563 & 1.56. Alternative scenario: The upside breakout of 1.569 will open the way to 1.571 & 1.574. Comment: the pair stands below its new resistance and remains under pressure but the RSI stands above its neutral area. PREVIOUS NEXT USD/JPY intraday: bullish bias above 93 Pivot: 93.00. Our preference: LONG positions above 93 with 94 & 94.45 as next targets. Alternative scenario: The downside penetration of 93 will call for a slide towards 92.55 & 91.95. Comment: the pair is rebounding above its strong support and should post further advance towards its previous high. PREVIOUS NEXT EUR/JPY intraday: under pressure. Pivot: 126.9 Our preference: Short positions below 126.9 with targets @ 125.65 & 125 in extension. Alternative scenario: Above 126.9 look for further upside with 127.7 & 128.2 as targets. Comment: the pair is posting a rebound but stands below its resistance, the RSI is turning up and stands above its neutral area, calling for caution. PREVIOUS NEXT GBP/JPY intraday: intraday support around 145.8. Pivot: 145.8 Our preference: Long positions above 145.8 with targets @ 147.3 & 147.9 in extension. Alternative scenario: Below 145.8 look for further downside with 144.85 & 144.25 as targets. Comment: the pair stands above its support and should post a rebound as the RSI is turning up. PREVIOUS NEXT AUD/USD intraday: under pressure. Pivot: 1.0365 Our preference: Short positions below 1.0365 with targets @ 1.0285 & 1.023 in extension. Alternative scenario: Above 1.0365 look for further upside with 1.04 & 1.042 as targets. Comment: the pair is rebounding but stands below its new resistance, the RSI is on the upside and calls for caution. PREVIOUS NEXT Cac 40 (Feb 13) intraday: the downside prevails. Pivot: 3710 Our preference: SHORT positions below 3710 with targets @ 3620 & 3597. Alternative scenario: The upside breakout of 3710 will open the way to 3770 & 3785. Comment : the RSI is mixed to bearish. PREVIOUS NEXT Dax (Mar 13) intraday: the downside prevails. Pivot: 7700 Our preference: SHORT positions below 7700 with targets @ 7540 & 7500. Alternative scenario: The upside breakout of 7700 will open the way to 7765 & 7845. 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
