Free Morning Forex Trading signals – May 31, 2013 Published: 31 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: further advance. Pivot: 1.2975. Our preference: LONG positions above 1.2975 with targets @ 1.306 & 1.309. Alternative scenario: The downside penetration of 1.2975 will call for 1.295 & 1.2915. Comment: the pair remains on the upside and is challenging its resistance. NEXT GBP/USD intraday: the bias remains bullish. Pivot: 1.5150. Our preference: LONG positions @ 1.516 with 1.526 & 1.528 in sight. Alternative scenario: The downside penetration of 1.515 will call for a slide towards 1.511 & 1.507. Comment: the pair stands above its new support and remains on the upside. PREVIOUS NEXT USD/JPY intraday: intraday support around 100.55 Pivot: 100.55. Our preference: LONG positions above 100.55 with targets @ 101.8 & 102.2. Alternative scenario: The downside penetration of 100.55 will call for 100.1 & 99.7. Comment: the pair is rebounding on its support as the RSI is reversing up. PREVIOUS NEXT EUR/JPY intraday: the upside prevails. Pivot: 131 Our preference: Long @ 131.15 with targets @ 132.15 & 132.55 in extension. Alternative scenario: Below 131 look for further downside with 130.35 & 129.9 as targets. Comment: the pair stands above its support and remains on the upside, the RSI is reversing up. PREVIOUS NEXT GBP/JPY intraday: the bias remains bullish. Pivot: 153.1 Our preference: Long positions above 153.1 with targets @ 154.65 & 155.25 in extension. Alternative scenario: Below 153.1 look for further downside with 152.75 & 152.3 as targets. Comment: the pair has rebounded on its support and remains on the upside, the RSI is reversing up. PREVIOUS NEXT AUD/USD intraday: bullish bias above 0.961. Pivot: 0.961 Our preference: Long positions above 0.961 with targets @ 0.9695 & 0.9735 in extension. Alternative scenario: Below 0.961 look for further downside with 0.958 & 0.953 as targets. Comment: the pair is trading in an intraday bullish channel. PREVIOUS NEXT Cac 40 (Jun 13) intraday: the upside prevails. Pivot: 3920 Our preference: LONG positions above 3920 with 4022 & 4059 as next targets. Alternative scenario: The downside penetration of 3920 will call for 3893 & 3877. Comment : the RSI is mixed to bullish. PREVIOUS NEXT Dax (Jun 13) intraday: limited upside. Pivot: 8345 Our preference: LONG positions above 8345 with 8435 & 8460 in sight. Alternative scenario: The downside penetration of 8345 will call for 8300 & 8265. Comment: prices escaped from a downward-sloping channel 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
