Free Morning Forex Trading signals – May 10, 2013 Published: 10 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: under pressure. Pivot: 1.3080. Our preference: SHORT positions below 1.308 with targets @ 1.3 & 1.298. Alternative scenario: The upside breakout of 1.308 will open the way to 1.311 & 1.3145. Comment: the pair is posting a rebound but stands below its new resistance, the RSI stands below its neutrality area. NEXT GBP/USD intraday: under pressure. Pivot: 1.5490. Our preference: SHORT positions below 1.549 with targets @ 1.5415 & 1.537. Alternative scenario: The upside breakout of 1.549 will open the way to 1.5515 & 1.555. Comment: the pair has broken below its support and remains on the downside, the RSI is badly directed. PREVIOUS NEXT USD/JPY intraday: further advance. Pivot: 99.65. Our preference: LONG positions above 99.65 with 101.6 & 102 in sight. Alternative scenario: The downside penetration of 99.65 will call for 98.9 & 98.55. Comment: the pair stands above its new support (former resistance) and should post further advance. PREVIOUS NEXT EUR/JPY intraday: the upside prevails. Pivot: 130.75 Our preference: Long positions above 130.75 with targets @ 132.55 & 133 in extension. Alternative scenario: Below 130.75 look for further downside with 130.25 & 129.5 as targets. Comment: the pair has broken above a resistance and keeps charging higher. PREVIOUS NEXT GBP/JPY intraday: further upside. Pivot: 154.95 Our preference: Long positions above 154.95 with targets @ 156.45 & 157 in extension. Alternative scenario: Below 154.95 look for further downside with 154.1 & 153.2 as targets. Comment: the pair stands above its new support (former resistance) and remains on the upside. PREVIOUS NEXT AUD/USD intraday: the downside prevails. Pivot: 1.015 Our preference: Short positions below 1.015 with targets @ 1.004 & 0.999 in extension. Alternative scenario: Above 1.015 look for further upside with 1.021 & 1.025 as targets. Comment: the pair stands below its new resistance and remains under pressure. PREVIOUS NEXT Cac 40 (May 13) intraday: the upside prevails. Pivot: 3872 Our preference: LONG positions above 3872 with targets @ 3935 & 3950. Alternative scenario: The downside penetration of 3872 will call for a slide towards 3833 & 3775. Comment : a symmetrical triangle pattern is taking shape PREVIOUS NEXT Dax (Jun 13) intraday: the upside prevails. Pivot: 8115 Our preference: LONG positions above 8115 with targets @ 8290 & 8340. Alternative scenario: The downside breakout of 8115 will open the way to 8010 & 7895. 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
