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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
by AbsoluteWillid
DOW JONES Today 22/08/23 DOW JONES is once again rejected by the support area of 34236 - 34310. This second rejection is observed to be stronger, increasing the possibility that DOW JONES will be carried upwards, similar to NASDAQ in the coming days. The current price is within the range of 34310 - 34574 with the 8-period moving average (MA8) acting as resistance. There is a significant likelihood that DOW JONES will attempt to break through that support area again today. SELL LIMIT at 34574 Stop Loss (SL) at 34666 Take Profit (TP) at 34330 R3 34903 R2 34746 R1 34574 PV 34453 S1 34310 S2 34236 S3 33935
CAPITALCOM:US30Short
by AbsoluteWillid
GBPUSD Morning trade! Short Market correction **Title** - GBPUSD Morning trade! Short Market correction **Symbol and Timeframe**- 15 min to 1 hr **Overview**- The market will be red today, Yesterday market fulfilled the orders for 30th May, which is FFLC. the market is in the golden fib zone which means retracement or downtrend is a must, market movement is slow, so it will be a wise decision to follow a long-term trend and get a small position in the morning, so the London session and new york session if goes accordingly in red then risk reward for me increases. **Chart Analysis**- Down Short Position **Entry**- 1.24374 **Stop Loss**- 1.24502 **Take Profit**- 50%- 1.24100 - 50%- 1.23900 **Risk-Reward Ratio**- 1:2 & 1:3 Disclaimer : This is my viewpoint, trade on your analysis only
Short
by KrishB20
adA IS BUllISh YESSSSSSSSSSSSSSSTL;DR Synopsis Cardano price analysis reveals a bullish trend, with ADA/USD facing rejection at $0.4478. Support for ADA is present at $0.4296. Cardano price analysis is providing us with strong optimistic signs for the day. The bullish tide has been quite strong, as price levels have been growing at a regular and consistent rate. The price is currently at $0.4402, which is a significant victory for purchasers. More positive movement is predicted as support at $0.4296 is stabilized.] All in all, Cardano price research reveals that the currency has been able to make a strong rebound today and buyers have been successful in pushing prices over $11.4402. However, the bulls must watch for the resistance at $10.4478, which could pose a barrier to further gains. The strong bullish momentum suggests that Cardano's price may rise above the given level if buyers maintain market pressure. dm for more info
KRAKEN:ADAUSDLong
by DEinvestment
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
OANDA:XAUUSDShort
by AbsoluteWillid
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