Free Morning Forex Trading signals – July 31, 2013 Published: 31 July 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: under pressure. Pivot: 1.3300. Our preference: SHORT positions @ 1.3285 with 1.3235 & 1.321 as next targets. Alternative scenario: The upside breakout of 1.33 will open the way to 1.3335 & 1.337. Comment: the pair stands below its strong resistance and remains under pressure. NEXT GBP/USD intraday: under pressure. Pivot: 1.5290. Our preference: SHORT positions @ 1.528 with 1.5215 & 1.517 as next targets. Alternative scenario: The upside penetration of 1.529 will call for 1.535 & 1.543. Comment: the pair has broken below its support and remains under pressure as the RSI is capped by a declining trend line. PREVIOUS NEXT USD/JPY intraday: key ST resistance at 98.4 Pivot: 98.40. Our preference: SHORT positions below 98.4 with 97.6 & 97.2 as next targets. Alternative scenario: The upside penetration of 98.4 will call for a rebound towards 99 & 99.35. Comment: the pair stands below its strong resistance and remains under pressure. PREVIOUS NEXT EUR/JPY intraday: the downside prevails. Pivot: 130.85 Our preference: Short positions below 130.85 with targets @ 129.4 & 128.85 in extension. Alternative scenario: Above 130.85 look for further upside with 131.5 & 132.3 as targets. Comment: the pair stands below its resistance and remains under pressure. PREVIOUS NEXT GBP/JPY intraday: the downside prevails. Pivot: 150.5 Our preference: Short positions below 150.5 with targets @ 148.7 & 148.2 in extension. Alternative scenario: Above 150.5 look for further upside with 151.25 & 151.75 as targets. Comment: the pair stands below its new resistance and remains on the downside. PREVIOUS NEXT AUD/USD intraday: the downside prevails. Pivot: 0.9075 Our preference: Short positions below 0.9075 with targets @ 0.8995 & 0.896 in extension. Alternative scenario: Above 0.9075 look for further upside with 0.914 & 0.921 as targets. Comment: the 50-persiod moving average (in blue) maintains a downside pressure and technically, the RSI is below its neutrality area at 50. PREVIOUS NEXT Cac 40 (Aug 13) intraday: caution. Pivot: 3960 Our preference: LONG positions above 3960 with 4000 & 4032 in sight. Alternative scenario: The downside breakout of 3960 will open the way to 3921 & 3900. Comment : A symmetrical triangle is taking shape. PREVIOUS NEXT Dax (Sep 13) intraday: caution. Pivot: 8240 Our preference: LONG positions above 8240 with 8300 & 8325 as next targets. Alternative scenario: The downside penetration of 8240 will call for 8185 & 8138. Comment: the RSI is mixed and calls for caution. 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
