Free Morning Forex Trading signals – May 13, 2013 Published: 13 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: key ST resistance at 1.3015 Pivot: 1.3015. Our preference: SHORT positions @ 1.3 with 1.293 & 1.29 as next targets. Alternative scenario: The upside breakout of 1.3015 will open the way to 1.306 & 1.311. Comment: the pair is posting a rebound but stands below its resistance, the RSI stands around its neutrality area. NEXT GBP/USD intraday: under pressure. Pivot: 1.5415. Our preference: SHORT positions @ 1.54 with 1.53 & 1.527 in sight. Alternative scenario: The upside penetration of 1.5415 will call for a rebound towards 1.5455 & 1.549. Comment: the pair stands below its resistance and remains under pressure. PREVIOUS NEXT USD/JPY intraday: further advance. Pivot: 100.95. Our preference: LONG positions above 100.95 with 102 & 102.35 as next targets. Alternative scenario: The downside breakout of 100.95 will open the way to 100.4 & 99.65. Comment: the pair stands above its support and is challenging its previous high. PREVIOUS NEXT EUR/JPY intraday: the upside prevails. Pivot: 131.5 Our preference: Long positions above 131.5 with targets @ 132.55 & 133 in extension. Alternative scenario: Below 131.5 look for further downside with 130.75 & 130.25 as targets. Comment: the RSI is supported by a rising trend line, the pair stands above its support and remains on the upside. PREVIOUS NEXT GBP/JPY intraday: the upside prevails. Pivot: 155.6 Our preference: Long positions above 155.6 with targets @ 157 & 158 in extension. Alternative scenario: Below 155.6 look for further downside with 154.95 & 154.1 as targets. Comment: the pair is facing a pull back on its support ahead of further advance. PREVIOUS NEXT AUD/USD intraday: turning up. Pivot: 0.992 Our preference: Long positions above 0.992 with targets @ 1.004 & 1.0095 in extension. Alternative scenario: Below 0.992 look for further downside with 0.9885 & 0.983 as targets. Comment: the RSI is supported by a rising trend line. PREVIOUS NEXT Cac 40 (May 13) intraday: the upside prevails. Pivot: 3906 Our preference: LONG positions above 3906 with 3962 & 4000 as next targets. Alternative scenario: The downside penetration of 3906 will call for a slide towards 3880 & 3860. Comment : the RSI is mixed to bullish. PREVIOUS NEXT Dax (Jun 13) intraday: the upside prevails. Pivot: 8210 Our preference: LONG positions above 8210 with 8355 & 8420 as next targets. Alternative scenario: The downside penetration of 8210 will call for 8135 & 8010. 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
