XAUUSD GOLD is currently in the range 1988 - 1997 where the support 1978 - 1988 is the determining support whether Loco can maintain its uptrend or not. The price was rejected yesterday at this support and most likely GOLD will try to enter this range area again today until tomorrow's CPI. 1996 - 2003 will be a good selling area considering downtrend is still...
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...
XAUUSD GOLDclosed the week in the 2004 - 2020 range last Thursday . Given the good NFP results, it is we already know that GOLD will make a GAP fall this morning. Now that the GAP is already closed, we know that downtrend is confirmed for Loco at least until tomorrow. Let's focusing on Sell where i see a resistance area at 1997 - 2003. It is most likely GOLD will...
XAUUSD Today GOLD opened with a correction to support at 1977. Prices are still seen in the range 1977 - 1987. The increase of 3% that occurred last Friday has not been followed by a price correction make it is likely will occur today. Will GOLD rise back to its all time highs? we'll see once the correction is made and confirm this week. BUY LIMIT 1951 SL...
DOW JONES DOWJONES entered the range area of 31317 - 31756 with the uptrend getting stronger. The price probably will make a correction to its support today before trying to break resistance 31756 and move up to 32091. BUY LIMIT 31350 SL 30845 TP 31756 R3 32352 R2 32097 R1 31756 PV 31317 S1 31093 S2 30937 S3 30535
NASDAQ The ranging NASDAQ finally confirmed its uptrend last night. The price, which is still in the 11368 - 11469 range, seems to be trying to penetrate its range area and move up into the 11469 - 11675 range. BUY LIMIT 11370 SL 11144 TP 11670 R3 11675 R2 11469 R1 11368 PV 11301 S1 11091 S2 10947 S3 10825
AUDUSD AUDUSD rose again trying to penetrate its MA100 which is also resistance 0.63828. After correcting to support 0.63137, AUDUSD formed a higher low yesterday and is currently trying to make a higher high to confirm the uptrend. CUT HALF 0.63280 and SL BEP R3 0.65490 R2 0.64461 R1 0.63828 PV 0.63137 S1 0.62548 S2 0.62153 S3 0.61685
EURUSD EURUSD seems to be trying to break resistance 0.98930 to reach the range 0.98930 - 0.99241 today. the uptrend is getting stronger with a reversal point at 0.97564. Price correction has been carried out so that the resistance at 0.98930 becomes the determining resistance whether the EURUSD will be ejected and must correct the price first or break it and...
XAUUSD XAUUSD is starting to narrow its range and seems to be forming a symmetrical triangle. If this triangle is fulfilled, there is a chance that GOLD will rise through the resistance towards 1733.380. However, with MA8 starting to slope along with MA20, Support 1701 will determine whether Loco can fulfill its pattern and strengthen its uptred. In MA Pattern,...
GBPUSD GBPUSD has broken through its MA100 again and is waiting for a confirmation of the downtrend again. The cable is currently in the range of 1.10793 - 1.12016 and looks set to make a price correction today after yesterday's support break. With yesterday's increase, GBPUSD has finished making price corrections in all timeframes, so the potential for GBPUSD to...
EURUSD EURUSD continues to try to break support 0.97871 after attempts to confirm the uptrend on the daily timeframe were unsuccessful. EURUSD is now in a large range of 0.97871 - 0.98930 and will re-confirm its downtrend before the NFP tonight. The price possibly will make correction first to resistance 0.98930 before falling back down and landing at support...
AUDUSD AUDUSD has re-entered the range of 0.63828 - 0.64461 and is still in the wide sideway zone of 0.63828 - 0.65490. Technically, the MA pattern has started to confirm its downtrend again, so it is very likely that AUDUSD will try to penetrate the support at 0.63828 today to continue down to support 0.63112. NFPs later tonight can speed up this process so be...
NASDAQ NASDAQ, which was also unable to penetrate its 100 MA, has re-entered the support range of 11368 - 11470. The MA8 seems to be starting to slope down and will make a death cross with the MA20 and re-confirm its downtrend. Price corrections on the Daily timeframe have also been made, thereby increasing the probability that the NASDAQ will fall again. ...
DOW JONES DOWJONES continued down to penetrate support 29948 after rising to try to break the resistance yesterday. the price is now below the MA100 with the MA8 which has also made a death cross with the MA100. The price is currently in the range of 29633 - 29948 and is making a correction after the breakout this morning. Doing a SELL does not get a good...
XAUUSD XAUUSD rocketed past 4 resistances overnight after CPI m/m of CHF fell 0.5% and ISM Manufacturing PMI of USD also fell by 1.9. This drastic increase managed to bring MA8 through the MA100 and almost confirmed the uptrend on Loco. Always remember that generally a drastic increase in a short time will be followed by a fairly deep correction as well....
GBPUSD GBPUSD rose and reached the range 1.13025 - 1.13502 after successfully breaking out yesterday. Today most likely the Cable will make a minimum price correction to support 1.13025 or to 1.12520 before continuing its rise to resistance 1.14139 while waiting for the MA20 to make a golden cross with its MA100 and confirm the full uptrend. Possible to take ...
EURUSD EURUSD is still stuck between MA100 with support at 0.97871. Unlike other USD pairs, EURUSD still determines the direction of the trend and is not volatile at all after the news last night. The price is still in the sideway range of 0.97564 - 0.98366 so it is better to wait for a breakout to occur in this pair before entering a position. Possible to...
AUDUSD AUDUSD rose back to the range 0.64461 - 0.65490 and confirmed the temporary uptrend. The price most likely will correct to its MA8 today before any attempt to break the resistance at 0.65490 is made. However, DXY which is still sideways has the potential to make AUDUSD fall again and land at support at 0.64461. Possible to take Doing a BUY does not get...