AbsoluteWillid

AbsoluteWillid

XAUUSD Like our analysis yesterday, GOLD is trying to break through support 1660 again after being unable to get out of the sideway range 1660 - 1678. The downtrend still looks quite strong at Loco so support 1660 becomes the support to determine whether GOLD can continue to fall or will be stuck in this sideway range until it breaks out occur. We are waiting...

AbsoluteWillid

EURUSD The MA Pattern in this pair is again scrambled and unclear after yesterday's false break at resistance 1.00232. The price fell again trying to break support 0.99650 and landed at the support at 0.99228 again. The current price can still be said to be in the sideway zone 0.99650 - 1.00232 which since last week, MA8 has not been able to penetrate its MA100...

AbsoluteWillid

AUDUSD AUDUSD tried to break support 0.66890 to land at support 0.66535. the price is still in the range of 0.66890 - 0.67647 at the moment where this range seems to be the determining range for AUDUSD whether the downtrend will end soon or continue with a break of support 0.66535. Doing a SELL does not get a good RR. R3 0.68043 R2 0.67903 R1 0.67647 PV...

AbsoluteWillid

NASDAQ NASDAQ is still in its big range at 11675 - 12211. MA Pattern is dipping again, trying to confirm the index's downtrend again. The price most likely will touch support 11675 as long as the MA20 is no longer broken. Doing a SELL does not get a good RR. R3 12647 R2 12441 R1 12211 PV 11675 S1 11578 S2 11470 S3 11368

AbsoluteWillid

DOW JONES DOWJONES again tried to break the support at 30535 but failed again. The price is back in the range of 30535 - 30937 with the downtrend pattern that looks strong again. Support 30535 will be the support to determine whether the downtrend continues or not in this index. CUT HALF 30757 and SL PLUS at 30887 R3 31756 R2 31317 R1 31093 PV 30937 S1...

AbsoluteWillid

XAUUSD GOLD is still in the range 1668 - 1678 after failing to break the support at 1660 for the second time this week. The price is moving sideways in the range 1660 - 1679 and the MA pattern also seems to be starting to slope, a sign that GOLD is preparing for a temporary uptrend. SELL momentum is no longer valid, so it's better to wait for the daily correction...

AbsoluteWillid

EURUSD The MA Pattern is starting to form a temporary uptrend even though the price is now above the MA100 and is in the range 1.00232 - 1.01172. The price correction momentum to new support in this pair is the determining momentum whether EURUSD manages to end its downtrend and rises towards the 1.01172 resistance or should return sideway in the 0.99649 -...

AbsoluteWillid

GBPUSD GBPUSD again rejected from the support area 1.13502 - 1.13695 and returned to the 1.14139 - 1.15414 ragen. The downtrend is still quite visible in this pair with a reversal point at resistance 1.16714. Most likely today GBPUSD will still go down testing its support again. For those who want to BUY Cable, it's better to wait for the confirmation of the...

AbsoluteWillid

XAUUSD GOLD broke through the support at 1697 as analyzed yesterday and will try to land at 1686. The downtrend is still very strong at Loco so the small support at 1694 will determine whether GOLD will continue to fall or not because it has always been stuck at this support throughout September. SELL does not get good RR R3 1715.240 R2 1709.670 R1...

AbsoluteWillid

GBPUSD GBPUSD has corrected its price and returned to the range 1.14139 - 1.15414. With the uptrend still strong in DXY, the possibility of Cable being able to close this week's price at support 1.14139 again is very possible. GBPUSD is still downtrend with a reversal point at resistance 1.16714. Maintain BUY STOP at 1.15530 SL 1.13960 TP 1.17138 and BUY LIMIT...

AbsoluteWillid

EURUSD EURUSD seems to be confirming its downtrend again with the MA100 getting closer to the MA20. Most likely EURUSD will land again at support 0.99228 after the downtrend is confirmed in the pair. EURUSD is still in the lowest zone this year with support at 0.98930 as the lowest reversal point in 2022. Still maintaining our BUY that was picked up yesterday...

AbsoluteWillid

AUDUSD AUDUSD is still in the range 0.66890 - 0.67647. After correcting yesterday's price to resistance 0.67903, AUDUSD possibly will continue its downtrend to support at 0.66890 in the remaining 2 days of this week. The downtrend is still visible with the reversal point at 0.68539. Doing a SELL does not get a good RR. R3 0.68539 R2 0.68043 R1 0.67903 PV...

AbsoluteWillid

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

AbsoluteWillid

DOW JONES DOWJONES is still sideway in the range 31093 - 31317. MA Pattern has picked up to the current price, still with a strong downtrend which means that support 30937 will determine whether DOWJONES will continue to fall or the downtrend should stop at this support. Doing a SELL does not get a good RR. R3 32097 R2 31756 R1 31317 PV 31093 S1 30937 S2...

AbsoluteWillid

AUDUSD Taking advantage of the poor CPI results, AUDUSD shot through 4 resistances to be in the range of 0.70814 - 0.71105 at the moment. Of course, according to AlphaWolves' law, a large price change in a short time, usually will be followed by a large correction as well. This can be seen from the MA8 which is still at support 0.70185 where a price correction on...

AbsoluteWillid

EURUSD EURUSD flies into a new range at 1.02842 - 1.03425. A strong rejection occurred at the new resistance so EURUSD most likely will make a minimal correction to support 1.02842 before trying to break the resistance again. Be careful with the PPI news tonight where there is still a possibility for DXY to strengthen so it is risky to return EURUSD to the range...

AbsoluteWillid

GBPUSD GBPUSD also took advantage of yesterday's bad CPI momentum and re-entered the range 1.22017 - 1.22994. The price probably will make a correction today at least to its new support, but there is a potential for the price to correct to its MA8 which is still at 1.21500 which means it is still in the previous range where if the price corrects to its MA8, Cable...

AbsoluteWillid

XAUUSD GOLD was again rejected by MA100 Weekly after trying to take advantage of yesterday's CPI momentum and touched the 1808 resistance. The price dropped again and entered the range 1780 - 1792 where the current support 1780 will be the support to determine whether GOLD will drop and form a temporary downtrend or succeed in holding it back. the rate of decline...