Free Morning Forex Trading signals – Mar 12, 2013 Published: 12 March 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 bias remains bullish. Pivot: 1.2985. Our preference: LONG positions @ 1.2995 with targets @ 1.3055 & 1.3075. Alternative scenario: The downside penetration of 1.2985 will call for a slide towards 1.2955 & 1.2915. Comment: the pair has struck against its new resistance and is facing a pull back ahead of further advance, the RSI lacks downward momentum. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.4960. Our preference: SHORT positions @ 1.495 with 1.4865 & 1.4835 as next targets. Alternative scenario: The upside penetration of 1.496 will call for a rebound towards 1.5025 & 1.5075. Comment: the pair remains under pressure and is approaching its previous low, the RSI stands below its neutrality area and is badly directed. PREVIOUS NEXT USD/JPY intraday: further upside. Pivot: 95.95. Our preference: LONG positions @ 96.05 with targets @ 96.7 & 97. Alternative scenario: The downside penetration of 95.95 will call for a slide towards 95.45 & 95.05. Comment: the pair remains on the upside and should post further advance, the RSI stands around its neutrality area and lacks downward momentum. PREVIOUS NEXT EUR/JPY intraday: further advance. Pivot: 125.2 Our preference: Long @ 125.3 with targets @ 126.05 & 126.5 in extension. Alternative scenario: Below 125.2 look for further downside with 124.75 & 124.15 as targets. Comment: the pair has broken above its previous high and is facing a pull back ahead of further advance, the RSI stands above its neutrality area. PREVIOUS NEXT GBP/JPY intraday: intraday support around 143.2. Pivot: 143.2 Our preference: Long @ 143.4 with targets @ 144.15 & 144.5 in extension. Alternative scenario: Below 143.2 look for further downside with 142.65 & 142.15 as targets. Comment: the pair stands above its new support and should post a rebound towards its previous high as the RSI is turning up. PREVIOUS NEXT AUD/USD intraday: the bias remains bullish. Pivot: 1.0255 Our preference: Long positions above 1.0255 with targets @ 1.0305 & 1.032 in extension. Alternative scenario: Below 1.0255 look for further downside with 1.0235 & 1.0215 as targets. Comment: the pair has struck against its resistance and is facing a pull back on its support ahead of further advance. PREVIOUS NEXT Cac 40 (Mar 13) intraday: the upside prevails. Pivot: 3767 Our preference: LONG positions above 3767 with 3880 & 3910 as next targets. Alternative scenario: The downside penetration of 3767 will call for 3702 & 3665. Comment : Prices are still supported by an ascending trend line PREVIOUS NEXT Dax (Mar 13) intraday: the upside prevails. Pivot: 7860 Our preference: LONG positions above 7860 with 8050 & 8090 in sight. Alternative scenario: The downside breakout of 7860 will open the way to 7775 & 7626. Comment: the RSI is supported by a rising trend line. 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
