Free Forex signal 2013-04-22 (GMT 30 min)
EUR/USD intraday: bullish bias above 1.302
Pivot: 1.3020.
Our preference: LONG positions above 1.302 with 1.3115 & 1.315 as next targets.
Alternative scenario: The downside penetration of 1.302 will call for a slide towards 1.2985 & 1.295.
Comment: the pair stands above its support and remains on the upside.
Our preference: LONG positions above 1.302 with 1.3115 & 1.315 as next targets.
Alternative scenario: The downside penetration of 1.302 will call for a slide towards 1.2985 & 1.295.
Comment: the pair stands above its support and remains on the upside.
GBP/USD intraday: under pressure.
Pivot: 1.5285.
Our preference: SHORT positions @ 1.527 with 1.521 & 1.517 as next targets.
Alternative scenario: The upside penetration of 1.5285 will call for a rebound towards 1.5315 & 1.5375.
Comment: the pair is under pressure and is challenging its support, the RSI stands below its neutrality area.
Our preference: SHORT positions @ 1.527 with 1.521 & 1.517 as next targets.
Alternative scenario: The upside penetration of 1.5285 will call for a rebound towards 1.5315 & 1.5375.
Comment: the pair is under pressure and is challenging its support, the RSI stands below its neutrality area.
USD/JPY intraday: further advance.
Pivot: 98.90.
Our preference: LONG positions above 98.9 with targets @ 99.9 & 100.6.
Alternative scenario: The downside penetration of 98.9 will call for 98.5 & 97.95.
Comment: the pair is challenging its resistance at 99.9 and should post further advance as the RSI is well directed.
Our preference: LONG positions above 98.9 with targets @ 99.9 & 100.6.
Alternative scenario: The downside penetration of 98.9 will call for 98.5 & 97.95.
Comment: the pair is challenging its resistance at 99.9 and should post further advance as the RSI is well directed.
EUR/JPY intraday: further upside.
Pivot: 129.5
Our preference: Long @ 129.7 with targets @ 130.8 & 131.5 in extension.
Alternative scenario: Below 129.5 look for further downside with 128.9 & 128 as targets.
Comment: the pair remains on the upside and is approaching its previous high, the RSI stands above its neutrality area.
Our preference: Long @ 129.7 with targets @ 130.8 & 131.5 in extension.
Alternative scenario: Below 129.5 look for further downside with 128.9 & 128 as targets.
Comment: the pair remains on the upside and is approaching its previous high, the RSI stands above its neutrality area.
GBP/JPY intraday: key ST resistance at 152.55.
Pivot: 152.55
Our preference: Short @ 152.4 with targets @ 150.5 & 149.6 in extension.
Alternative scenario: Above 152.55 look for further upside with 153 & 153.8 as targets.
Comment: the pair stands below its new resistance and should face a weakness as the RSI is badly directed.
Our preference: Short @ 152.4 with targets @ 150.5 & 149.6 in extension.
Alternative scenario: Above 152.55 look for further upside with 153 & 153.8 as targets.
Comment: the pair stands below its new resistance and should face a weakness as the RSI is badly directed.
AUD/USD intraday: under pressure.
Pivot: 1.031
Our preference: Short positions below 1.031 with targets @ 1.0255 & 1.022 in extension.
Alternative scenario: Above 1.031 look for further upside with 1.0355 & 1.0395 as targets.
Comment: the pair has struck against its new resistance and remains under pressure.
Our preference: Short positions below 1.031 with targets @ 1.0255 & 1.022 in extension.
Alternative scenario: Above 1.031 look for further upside with 1.0355 & 1.0395 as targets.
Comment: the pair has struck against its new resistance and remains under pressure.
Cac 40 (May 13) intraday: rebound.
Pivot: 3515
Our preference: LONG positions above 3515 with 3644 & 3654 as next targets.
Alternative scenario: The downside breakout of 3515 will open the way to 3450 & 3400.
Comment : the RSI broke above a declining trend line.
Our preference: LONG positions above 3515 with 3644 & 3654 as next targets.
Alternative scenario: The downside breakout of 3515 will open the way to 3450 & 3400.
Comment : the RSI broke above a declining trend line.
Dax (Jun 13) intraday: rebound expected.
Pivot: 7440
Our preference: LONG positions above 7440 with targets @ 7583 & 7610.
Alternative scenario: The downside penetration of 7440 will call for 7345 & 7290.
Comment: the RSI calls for a rebound.
Our preference: LONG positions above 7440 with targets @ 7583 & 7610.
Alternative scenario: The downside penetration of 7440 will call for 7345 & 7290.
Comment: the RSI calls for a rebound.
