EURUSD TODAY 22/08/23EURUSD is attempting to confirm a short-term reversal after failing to break the support at 1.08534. The price has crossed both the MA8 and MA20, and a golden cross between these moving averages is forming, potentially pushing EURUSD up towards the resistance at 1.09195. It's advisable not to rush into positions today, as the market is likely to move sideways with irregular trends, posing higher risks.
Let's wait for clarity on today's trend before entering positions.
R3 1.09886
R2 1.09558
R1 1.09195
PV 1.08747
S1 1.08534
S2 1.07852
S3 1.07617
Alphawolvessignals
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