Free Morning Forex Trading signals – June 05, 2013 Published: 5 June 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: 1.3030. Our preference: LONG positions @ 1.304 with targets @ 1.3105 & 1.313. Alternative scenario: The downside breakout of 1.303 will open the way to 1.299 & 1.295. Comment: the pair has rebounded on its support and is challenging its previous high. NEXT GBP/USD intraday: the upside prevails. Pivot: 1.5270. Our preference: LONG positions @ 1.528 with 1.5375 & 1.541 as next targets. Alternative scenario: The downside penetration of 1.527 will call for a slide towards 1.523 & 1.5185. Comment: the pair is rebounding on its support and should post further advance. PREVIOUS NEXT USD/JPY intraday: the bias remains bullish. Pivot: 99.30. Our preference: LONG positions @ 99.4 with targets @ 100.3 & 100.8. Alternative scenario: The downside penetration of 99.3 will call for a slide towards 98.85 & 98.45. Comment: the pair is facing a pull back on its support ahead of further advance. PREVIOUS NEXT EUR/JPY intraday: under pressure. Pivot: 131.35 Our preference: Short positions below 131.35 with targets @ 130.2 & 129.55 in extension. Alternative scenario: Above 131.35 look for further upside with 131.75 & 132.15 as targets. Comment: the pair has broken below its support and remains under pressure, the RSI is badly directed. PREVIOUS NEXT GBP/JPY intraday: the upside prevails. Pivot: 152.6 Our preference: Long positions above 152.6 with targets @ 153.3 & 153.8 in extension. Alternative scenario: Below 152.6 look for further downside with 152.2 & 151.9 as targets. Comment: the pair is facing a pull back on its support ahead of a rebound. PREVIOUS NEXT AUD/USD intraday: under pressure. Pivot: 0.9685 Our preference: Short @ 0.9675 with targets @ 0.9605 & 0.9545 in extension. Alternative scenario: Above 0.9685 look for further upside with 0.9735 & 0.977 as targets. Comment: the pair has again tested its support at 0.9605 and remains on the downside. PREVIOUS NEXT Cac 40 (Jun 13) intraday: rebound expected. Pivot: 3877 Our preference: LONG positions above 3877 with 3937 & 3973 as next targets. Alternative scenario: The downside breakout of 3877 will open the way to 3852 & 3805. Comment : the RSI is negative but supported by a strong support. PREVIOUS NEXT Dax (Jun 13) intraday: rebound expected. Pivot: 8215 Our preference: LONG positions above 8215 with 8345 & 8385 as next targets. Alternative scenario: The downside penetration of 8215 will call for 8129 & 8105. Comment: the RSI is negative but supported by a strong support. 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
