Forex Trading Signals March 1st 2013 (Pre- EU Market Open)

EUR/USD INTRADAY: UNDER PRESSURE. 
Pivot: 1.3095.
Most Likely Scenario: SHORT positions @ 1.3085 with 1.3035 & 1.301 in sight.
Alternative scenario: The upside penetration of 1.3095 will call for 1.313 & 1.3165.
Comment: the pair is rebounding but stands below its new resistance, the RSI stands below its neutrality area and lacks upward momentum. 

GBP/USD INTRADAY: THE BIAS REMAINS BULLISH. Pivot: 1.5145. Most Likely Scenario: LONG positions @ 1.5155 with 1.522 & 1.528 as next targets. Alternative scenario: The downside penetration of 1.5145 will call for a slide towards 1.511 & 1.507. Comment: the pair and its intraday RSI remain supported by rising trend lines, further advance is likely. USD/JPY INTRADAY: THE UPSIDE PREVAILS. Pivot: 92.40. Most Likely Scenario: LONG positions above 92.4 with 93.1 & 93.6 as next targets. Alternative scenario: The downside breakout of 92.4 will open the way to 92 & 91.55. Comment: the pair is challenging its support, the RSI stands around its neutrality area. AUD/USD INTRADAY: KEY ST RESISTANCE AT 1.0255. Pivot: 1.0255 Most Likely Scenario: Short positions below 1.0255 with targets @ 1.019 & 1.017 in extension. Alternative scenario: Above 1.0255 look for further upside with 1.029 & 1.0315 as targets. Comment: the upward potential is likely to be limited by the resistance at 1.0255.