XAUUSD Daily Projection 11/04/2023XAUUSD
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 going on with GOLD eventhough, me personaly will wait till theres a Lower High Confirmation before we execute the market.
R3 2028.282
R2 2019.860
R1 2003.728
PV 1996.578
S1 1987.934
S2 1977.788
S3 1971.315
Alphawolvesglobal
GBPUSD Daily Projection 10/04/2023GBPUSD
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 if not then Cable will still tend to fall and will land on support next at 1.23437 this week.
SELL LIMIT 1.24265 SL 1.24586 TP 1.23707
R3 1.24773
R2 1.24654
R1 1.24507
PV 1.24224
S1 1.23437
S2 1.22849
S3 1.22393
XAUUSD Daily Projection 10/04/2023XAUUSD
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 pulled back here before making another drop.
SELL Area 1997 - 2003 SL 2009 TP 1988
R3 2049.488
R2 2028.282
R1 2019.860
PV 2003.728
S1 1996.578
S2 1987.934
S3 1977.788
GOLD Today 20/03/2023XAUUSD
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 1940 TP 1985
R3 2003.728
R2 1996.578
R1 1987.934
PV 1977.788
S1 1971.315
S2 1957.539
S3 1949.775
DOWJONES Daily Projection 25/10/22DOW 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 Daily Projection 25/10/22NASDAQ
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 Daily Projection 25/10/22AUDUSD
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 Daily Projection 25/10/22EURUSD
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 rise back up to 0.99241.
We are waiting for a break of resistance 0.98930 before entry.
R3 0.99923
R2 0.99649
R1 0.99241
PV 0.98930
S1 0.97871
S2 0.97564
S3 0.96858
XAUUSD Daily Projection 07/10/22XAUUSD
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, GOLD is still uptrend with a reversal point at 1678.
Take profit first at 1711.380 because the price looks to be maneuvering today.
R3 1733.380
R2 1723.590
R1 1715.240
PV 1709.430
S1 1701.750
S2 1697.800
S3 1685.570
GBPUSD Daily Projection 07/10/22GBPUSD
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 continue its downtrend is very large. NFPs later tonight can speed up this process so be careful about entry.
We got SL yesterday. do SELL LIMIT 1.12395 SL 1.12912 TP 1.10857
R3 1.13502
R2 1.13025
R1 1.12520
PV 1.12016
S1 1.10793
S2 1.09196
S3 1.07258
EURUSD Daily Projection 07/10/22EURUSD
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 0.96858. NFPs later tonight can speed up this process so be careful about entry.
SELL LIMIT 0.98862 SL 0.99371 TP 0.96887
R3 0.99649
R2 0.99241
R1 0.98930
PV 0.97871
S1 0.97564
S2 0.96757
S3 0.96387
AUDUSD Daily Projection 07/10/22AUDUSD
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 careful about entry.
SELL LIMIT 0.64401 SL 0.65590 TP 0.63116
R3 0.65720
R2 0.65490
R1 0.64461
PV 0.63828
S1 0.63112
S2 0.62548
NASDAQ Daily Projection 07/10/22NASDAQ
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.
Doing a SELL does not get a good RR.
R3 12441
R2 12211
R1 11675
PV 11470
S1 11368
S2 11300
S3 11091
DOWJONES Daily Projection 07/10/22DOW 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 RR.
R3 30937
R2 30535
R1 30270
PV 29948
S1 29633
S2 29145
S3 28937
XAUUSD Daily Projection 04/10/22XAUUSD
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. Therefore, GOLD most likely will make correction today with potential to support 1678.
BUY LIMIT 1679 SL 1669 TP 1694.
R3 1715.240
R2 1709.430
R3 1701.750
PV 1697.790
S1 1685.570
S2 1678.290
S3 1668.290
GBPUSD Today's Projection 04/10/22GBPUSD
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
Doing BUY on this pair does not get a good RR.
R3 1.14139
R2 1.13695
R1 1.13502
PV 1.13025
S1 1.12520
S2 1.12016
S3 1.10793
EURUSD Daily Projection 04/10/22EURUSD
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 take
It is better to wait for confirmation of the market direction before trading on this pair.
R3 0.99649
R2 0.99241
R1 0.98930
PV 0.97871
S1 0.97564
S2 0.96858
S3 0.96387
AUDUSD Daily Projection 04/10/22AUDUSD
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 a good RR.
R3 0.66535
R2 0.65720
R1 0.65490
PV 0.64461
S1 0.63828
S2 0.63112
S3 0.62548
NASDAQ Daily Projection 04/10/22NASDAQ
NASDAQ managed to rise to touch the resistance at 11300 last night. However, the MA pattern did not form a temporary uptrend, which means the price will correct back to support 11091 today while waiting for the trend confirmation on this index. Support 11091 will determine whether the NASDAQ has ended its downtrend and confirmed a temporary uptrend or not.
Possible to take
It is better to wait for the trend to be confirmed before entering this index.
R3 11675
R2 11470
R1 11368
PV 11300
S1 11091
S2 10947
S3 10825
DOW JONES Daily Projection 04/10/22DOW JONES
DOWJONES confirmed a temporary uptrend as seen from the golden cross that occurred between MA8 and MA20. Today's price is in the range 29145 - 29633 and of course will make corrections to support 29145 which was just left before any attempt to penetrate resistance 29633 is made. Be careful because the increase this time is still a form of correction to the MA8 in the Daily timeframe.
Possible to take
Use small lots. BUY LIMIT 29291 SL 28492 TP 30170
R3 30937
R2 30535
R1 29948
PV 29633
S1 29145
S2 28937
S3 28256
XAUUSD Daily Projection 30/09/22XAUUSD
XAUUSD is still sideway in the range 1647 - 1660 after correcting the price from its increase last Wednesday. The temporary uptrend has been confirmed and most likely the price will rise to resistance 1668 which will be the resistance determining whether Loco will confirm the reversal permanently or go back down to continue the current big trend which is still downtrend. Be careful, because today is the last day of the month. Where is the possibility that the price will make a correction to close the monthly candle.
Possible to take
BUY LIMIT 1647 SL 1637 TP 1667
R3 1685.570
R2 1678.290
R1 1668.290
PV 1659.800
S1 1646.100
S2 1628.440
S3 1616.870
GBPUSD Daily Projection 30/09/22GBPUSD
GBPUSD finally confirmed its temporary uptrend after bullish engulfing last night, broke resistance 1.08693 and reached resistance 1.10793. The price probably will make a price correction today to its new support at 1.08693 before another attempt to penetrate resistance 1.10793 will be carried out up to the 100 MA at 1.12016. Stay alert because on a major or daily basis, Cable is still in a strong downtrend. Be careful, because today is the last day of the month. Where is the possibility that the price will make a correction to close the monthly candle.
Possible to take
Doing BUY on this pair does not get a good RR.
R3 1.13025
R2 1.12520
R1 1.12016
PV 1.10793
S1 1.08693
S2 1.07258
S3 1.06417
EURUSD Daily Projection 30/09/22EURUSD
EURUSD has reached the resistance range of 0.97564 - 0.97871 after yesterday's price correction. The uptrend has also been confirmed for a while where the EURUSD price most likely will rise to its MA100 which is at 0.98400. Stay alert because the increase so far is still counted as a price correction on the daily and weekly timeframes. Be careful, because today is the last day of the month. Where is the possibility that the price will make a correction to close the monthly candle.
Possible to take
BUY on EURUSD does not get a good RR.
R3 0.99649
R2 0.99241
R1 0.98930
PV 0.97871
S1 0.97564
S2 0.96858
S3 0.96387