Sunday, January 15, 2012

free Forex signal 2012/01/16

EUR/USD intraday: under pressure.

Pivot: 1.2715.

Our Preference: SHORT positions below 1.2715 with targets @ 1.26 & 1.256.

Alternative scenario: The upside penetration of 1.2715 will call for a rebound towards 1.275 & 1.279.

Comment: the pair stands below its new resistance and remains under pressure.


GBP/USD intraday: under pressure.

Pivot: 1.5330.

Our Preference: SHORT positions below 1.533 with 1.527 & 1.523 in sight.

Alternative scenario: The upside penetration of 1.533 will call for 1.5365 & 1.541.

Comment: the pair is rebounding but stands below its resistance.


USD/JPY intraday: rebound expected.

Pivot: 76.75.

Our Preference: LONG positions above 76.75 with 77.05 & 77.25 in sight.

Alternative scenario: The downside breakout of 76.75 will open the way to 76.55 & 76.35.

Comment: the pair is pulling back on its support ahead of a rebound.


EUR/JPY intraday: the downside prevails.

Pivot: 97.65

Our preference: Short positions below 97.65 with targets @ 96.9 & 96.55 in extension.

Alternative scenario: Above 97.65 look for further upside with 98 & 98.3 as targets.

Comment: the pair stands below its new resistance and remains under pressure.

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