FREE FOREX SIGNAL Tue, 13 Dec 2011 07:44:35 GMT

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FREE FOREX SIGNAL Tue, 29 Nov 2011 09:17:11 GMT

EUR/USDOur Preference: SHORT positions below 1.328 with 1.315 & 1.312 in sight.

GBP/USDOur Preference: SHORT positions below 1.5655 with 1.557 & 1.5535 in sight.

USD/JPY Our Preference: LONG positions above 77.7 with targets @ 78 & 78.1.

AUD/USD Long positions above 0.988 with targets @ 1 & 1.005

USD/CADOur preference: Long positions above 1.022 with targets @ 1.03 & 1.034 in extension.

USDCHFOur Preference: LONG positions above 0.93 with 0.939 & 0.945 in sight.

GBPJPYOur preference: Long positions above 121.05 with targets @ 121.75 & 122.2 in extension.
EURJPY Our preference: Short positions below 103.1 with targets @ 102.5 & 102.2 in extension.
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GBP/USDPivot: 1.565

Our preference: Long positions above 1.565 with targets @ 1.5725 & 1.575 in extension.

Alternative scenario: Below 1.565 look for further downside with 1.562 & 1.5565 as targets.

Comment: the pair is pulling back on its support, the RSI calls for caution.

Key levels
1.5565
1.562
1.565
1.5682 last
1.5725
1.575
1.5775

USD/JPY

Pivot: 77.95

Our preference: Long positions above 77.95 with targets @ 78.2 & 78.35 in extension.

Alternative scenario: Below 77.95 look for further downside with 77.8 & 77.65 as targets.

Comment: the pair is on the upside and is challenging its resistance.

Key levels
78.45
78.35
78.2
78.09 last
77.95
77.8
77.65

EUR/USDPivot: 1.3085

Our preference: Short positions below 1.3085 with targets @ 1.302 & 1.298 in extension.

Alternative scenario: Above 1.3085 look for further upside with 1.312 & 1.314 as targets.

Comment: as long as the resistance at 1.3085 is not surpassed, the risk of the break below 1.302 remains high.

Key levels
1.314
1.312
1.3085
1.3063 last
1.302
1.298
1.295

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