Free Morning Forex Trading signals – May 09, 2013 Published: 9 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: 1.3100. Our preference: LONG positions above 1.31 with 1.3215 & 1.324 in sight. Alternative scenario: The downside penetration of 1.31 will call for 1.305 & 1.302. Comment: the pair has broken above a declining trend line and remains on the upside, the RSI stands above its neutrality area. NEXT GBP/USD intraday: the bias remains bullish. Pivot: 1.5490. Our preference: LONG positions above 1.549 with 1.5565 & 1.56 in sight. Alternative scenario: The downside penetration of 1.549 will call for a slide towards 1.545 & 1.5415. Comment: the pair has broken above its declining trend line and is facing a pull back ahead of further advance. PREVIOUS NEXT USD/JPY intraday: capped by a negative trend line. Pivot: 99.10. Our preference: SHORT positions below 99.1 with 98.6 & 98.4 as next targets. Alternative scenario: The upside penetration of 99.1 will call for 99.5 & 99.75. Comment: the pair is capped by a declining trend line and is challenging its support. PREVIOUS NEXT EUR/JPY intraday: the upside prevails. Pivot: 129.5 Our preference: Long positions above 129.5 with targets @ 130.4 & 131 in extension. Alternative scenario: Below 129.5 look for further downside with 128.9 & 128.35 as targets. Comment: the pair remains on the upside and is challenging its resistance. PREVIOUS NEXT GBP/JPY intraday: the bias remains bullish. Pivot: 152.7 Our preference: Long positions above 152.7 with targets @ 154.25 & 154.85 in extension. Alternative scenario: Below 152.7 look for further downside with 151.95 & 151.5 as targets. Comment: the pair is facing a pull back on its new support ahead of a rebound, the RSI stands above its oversold area. PREVIOUS NEXT AUD/USD intraday: the upside prevails. Pivot: 1.019 Our preference: Long positions above 1.019 with targets @ 1.0255 & 1.029 in extension. Alternative scenario: Below 1.019 look for further downside with 1.015 & 1.011 as targets. Comment: the next resistances are at 1.0255 and then at 1.029. PREVIOUS NEXT Cac 40 (May 13) intraday: towards 3950 Pivot: 3833 Our preference: LONG positions above 3833 with targets @ 3935 & 3950. Alternative scenario: The downside penetration of 3833 will call for 3775 & 3732. Comment : the RSI advocates for further advance. PREVIOUS NEXT Dax (Jun 13) intraday: the upside prevails. Pivot: 8010 Our preference: LONG positions above 8010 with targets @ 8290 & 8340. Alternative scenario: The downside penetration of 8010 will call for a slide towards 7895 & 7780. Comment: the RSI advocates for further advance. 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
