Free Morning Forex Trading signals – May 29, 2013 Published: 29 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: 1.2890. Our preference: SHORT positions @ 1.288 with 1.282 & 1.2795 as next targets. Alternative scenario: The upside breakout of 1.289 will open the way to 1.292 & 1.295. Comment: the pair stands below its resistance and remains on the downside, the RSI is badly directed. NEXT GBP/USD intraday: the downside prevails. Pivot: 1.5075. Our preference: SHORT positions @ 1.5065 with 1.501 & 1.4975 as next targets. Alternative scenario: The upside penetration of 1.5075 will call for 1.5115 & 1.5155. Comment: the pair remains under pressure and is challenging its support, the RSI is badly directed. PREVIOUS NEXT USD/JPY intraday: the bias remains bullish. Pivot: 101.30. Our preference: LONG positions above 101.3 with targets @ 102.6 & 103. Alternative scenario: The downside penetration of 101.3 will call for 100.85 & 100.55. Comment: the pair remains on the upside and is challenging its resistance, the RSI is well directed. PREVIOUS NEXT EUR/JPY intraday: key ST resistance at 131.7. Pivot: 131.7 Our preference: Short positions below 131.7 with targets @ 130.85 & 130.35 in extension. Alternative scenario: Above 131.7 look for further upside with 132.15 & 132.55 as targets. Comment: the pair is posting a rebound and is challenging its resistance, caution. PREVIOUS NEXT GBP/JPY intraday: intraday support around 153.25. Pivot: 153.25 Our preference: Long positions above 153.25 with targets @ 154.65 & 155.55 in extension. Alternative scenario: Below 153.25 look for further downside with 152.85 & 152.3 as targets. Comment: the pair has rebounded on its support as the RSI is reversing up. PREVIOUS NEXT AUD/USD intraday: the downside prevails. Pivot: 0.962 Our preference: Short positions below 0.962 with targets @ 0.951 & 0.945 in extension. Alternative scenario: Above 0.962 look for further upside with 0.9695 & 0.9735 as targets. Comment: the break below 0.962 is a negative signal that has opened a path to 0.951. PREVIOUS NEXT Cac 40 (Jun 13) intraday: the upside prevails. Pivot: 3920 Our preference: LONG positions above 3920 with targets @ 4059 & 4120. Alternative scenario: The downside breakout of 3920 will open the way to 3893 & 3877. Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.. PREVIOUS NEXT Dax (Jun 13) intraday: the upside prevails. Pivot: 8370 Our preference: LONG positions above 8370 with 8530 & 8560 as next targets. Alternative scenario: The downside penetration of 8370 will call for 8260 & 8210. Comment: the RSI is mixed. 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