Free Morning Forex Trading signals – May 06, 2013 Published: 6 May 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: 1.3095. Our preference: LONG positions above 1.3095 with 1.3155 & 1.318 as next targets. Alternative scenario: The downside penetration of 1.3095 will call for a slide towards 1.3075 & 1.3035. Comment: the pair remains on the upside and is approacing its next resistance (former support). NEXT GBP/USD intraday: the bias remains bullish. Pivot: 1.5540. Our preference: LONG positions above 1.554 with targets @ 1.5605 & 1.5635. Alternative scenario: The downside penetration of 1.554 will call for a slide towards 1.551 & 1.547. Comment: the pair remains on the upside and is approaching its resistance. PREVIOUS NEXT USD/JPY intraday: the upside prevails. Pivot: 98.40. Our preference: LONG positions above 98.4 with targets @ 99.2 & 99.5. Alternative scenario: The downside breakout of 98.4 will open the way to 98.1 & 97.85. Comment: the pair remains on the upside and is challenging its resistance, the RSI stands above its neutrality area. PREVIOUS NEXT EUR/JPY intraday: the upside prevails. Pivot: 129.45 Our preference: Long positions above 129.45 with targets @ 130.4 & 130.65 in extension. Alternative scenario: Below 129.45 look for further downside with 128.9 & 128.35 as targets. Comment: the pair remains on the upside and is approaching its next resistance. PREVIOUS NEXT GBP/JPY intraday: further advance. Pivot: 153.7 Our preference: Long positions above 153.7 with targets @ 154.85 & 155.4 in extension. Alternative scenario: Below 153.7 look for further downside with 153.25 & 152.7 as targets. Comment: the pair has broken above its previous high and should post further advance. PREVIOUS NEXT AUD/USD intraday: bullish bias above 1.027. Pivot: 1.027 Our preference: Long positions above 1.027 with targets @ 1.032 & 1.0355 in extension. Alternative scenario: Below 1.027 look for further downside with 1.024 & 1.022 as targets. Comment: a support base at 1.027 has formed and has allowed for a temporary stabilisation. PREVIOUS NEXT Cac 40 (May 13) intraday: target 3915 Pivot: 3773 Our preference: LONG positions @ 3835 with targets @ 3895 & 3915. Alternative scenario: The downside breakout of 3773 will open the way to 3732 & 3697. Comment : the index pushed above an intraday resistance threshold at 3835 points. PREVIOUS NEXT Dax (Jun 13) intraday: the upside prevails. Pivot: 7893 Our preference: LONG positions above 7893 with 8155 & 8290 in sight. Alternative scenario: The downside penetration of 7893 will call for 7780 & 7660. Comment: the immediate trend remains up and the momentum is strong. 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
