GBPUSD
GBPUSD fell 1 range to 1.23437 - 1.24224 due to the strengthening of the USD last Friday. This unilateral strengthening is due to the GBP holiday, of course it will be carried out early this week so you could say the price will form a GAP where if the price jumps above the resistance at 1.24507 then the temporary uptrend will be confirmed, and vice versa...
GBPUSD
GBPUSD made a correction to close the opening gap last week and continued to rise again. The cable is currently in the range 1.13025 - 1.13502 and most likely will return to the resistance range 1.13502 - 1.13695 today after correcting the break of the resistance.
BUY LIMIT 1.13048 SL 1.12467 TP 1.13663
R3 1.14139
R2 1.13695
R1 1.13502
PV 1.13025
S1...
DOW JONES
DOW tried to land at support 28937 but failed. Today with the downtrend still strong, it is possible that DOWJONES will try to break the support at 28937 towards the next support at 28256. Price correction has been made to MA8 after our TP hit yesterday.
Congratulations on yesterday's profit. Today doing SELL again didn't get good RR.
R3 30535
R2...
NASDAQ
After correction to its MA20, NASDAQ fell back into the range 11091 - 11301. The downtrend still looks quite strong on this index and most likely the NASDAQ will land at support at 11091 today. Be careful with the maneuvers that a lot of USD news will create today.
Possible to take
CUT HALF at 11280 and CELL BEP.
R3 11578
R2 11470
R1 11368
PV...
DOW JONES
DOW is still in the range of 29145 - 29633. The MA Pattern is still showing a strong downtrend so that the possibility for this index to go down through 29145 support is still very possible. Breakout is likely to occur in the next 2 days considering that support 29145 is starting to be suppressed by the MA8.
SELL LIMIT 29585 SL 29800 TP 28972
R3...
XAUUSD
XAUUSD finally broke out and fell into the range 1629 - 1646. An attempt to make a correction occurred and was immediately rejected, so the possibility of Loco landing at support 1628 is very possible. Be careful because the price may correct the resistance as well as the MA8 at 1658 before continuing to land at support 1629.
Possible to take
SELL...
GBPUSD
GBPUSD fell more than 5% last week with the downtrend getting stronger. At the beginning of this week, Cable probably will make price correction which has not been done yet after breaking 4 supports at the end of last week, before continuing its downtrend and landing at support 1.07258.
Possible to take
SELL LIMIT 1.11884 SL 1.13880 TP 1.07363
R3...
EURUSD
EURUSD continued to fall and reached support 0.96858 and entered the range 0.96858 - 0.97564. Price correction will be carried out first at the beginning of this week to a minimum to the MA8 which is at resistance 0.97871 before trying to land and break support 0.96858 again and land to 0.96387.
SELL LIMIT 0.97751 SL 0.98622 TP 0.96400
R3 0.98930
R2...
AUDUSD
AUDUSD still fell 2 more ranges to close last week. AUDUSD enters the range 0.64428 - 0.65490 and most likely at the beginning of this week AUDUSD will correct the price to resistance 0.65706 before continuing its journey towards support 0.64428.
SELL LIMIT 0.65919 SL 0.66770 TP 0.64488
R3 0.66890
R2 0.66535
R1 0.65720
PV 0.65490
S1 0.64428
S2...
DOW JONES
DOW closed last week in the range 29145 - 29633, down about 4% in 1 week. The price most likely will price correction at the beginning of this week before continuing its downtrend and landing at support 29145. The MA Pattern is still showing a strong downtrend with the reversal point at resistance 31317.
SELL LIMIT 29925 SL 30493 TP 29191
R3...
NASDAQ
The NASDAQ drop had entered the range 11091 - 11301 and returned to the resistance area 11301 - 11368. At the beginning of this week it is possible that the NASDAQ will make a correction first at least to resistance 11368 before continuing its downtrend to support 11091.
SELL LIMIT 11446 SL 11749 TP 11100
R3 11578
R2 11470
R1 11368
PV 11300
S1...
NASDAQ
NASDAQ corrected the price to MA8 which is also its 12211 resistance and is ready to go down today. Most likely today the NASDAQ will continue its downtrend towards support 11675 unless resistance 12211 is broken again and breaks the ongoing downtrend pattern.
SELL STOP 12100 SL 12345 TP 11700
R3 12800
R2 12647
R1 12441
PV 12211
S1 11675
S2 11578
S3 11470
