Get started

Dailyanalysis

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
Long
by AbsoluteWillid
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
by AbsoluteWillid
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
Long
by AbsoluteWillid
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
ULong
by AbsoluteWillid
NZDJPY - DAILY TECHNICAL BIAS WITH FUNDAMENTAL BIAS#NZDJPY NZDJPY should be slightly SELL because the MARKET RISK is off now. Also, since NZD RATES are high, we expect NZDJPY to go UP again. We look forward to the future behavior of NZDJPY. The reason is because the interest rate of NZD is higher compared to JPY. Either way, NZDJPY should be a LONG TERM BUY. Anyway, the PRICE can go down again on the NZDJPY MAIN SUPPORT, if the MARKET RISK remains in the OFF state, to the 79.56 LEVEL. Earlier NZDJPY was SELL due to strong JPY and MARKET SENTIMENT is RISK OFF. After that, you can definitely BUY at 86.86 LEVEL. For that, MARKET RISK should be ON. STOCK UP, VIX DOWN, JPY WEAK. Besides, the USD should be WEAK.
by benny_marshall
AUDJPY - FUNDAMENTAL + TECHNICAL BIAS#AUDJPY AUDJPY is going down a bit due to MARKET RISK OFF in the previous days. But even now we see that the MARKET is somewhat MARKET RISK ON. We expect AUDJPY to RETRACE to higher resistance. Anyway, if AUDJPY goes DOWNSIDE again, VIX should go up, JPY should go up, and STOCKS should go down. The dollar should continue to strengthen in this way. If MARKET RISK is ON, you can definitely BUY at 96.63 LEVEL. Currently, the market risk is off. But somehow it may go down to 91.543 LEVEL before going UP. After that, AUDJPY may go up to 96.63 LEVEL. To buy AUDJPY, VIX must be DOWN and SNP500 must be UP. Further, the TREND LINE should be BREAK. And COMMODITIES should definitely be UP. We are waiting for the change in the above mentioned MARKETS. If the dollar is strengthened by the FED, MARKETS RISK should be off. Then AUDJPY may become LONG TERM SELL after JPY STRONG.
by benny_marshall
EURGBP - FUNDAMENTAL AND TECHNICAL VIEW#EURGBP - Currently the MARKET SENTIMENT for EURGBP is slightly UP SIDE. The main reason for that is the POSITIVE RISK SENTIMENT for EUR. The reason for NEGATIVE SENTIMENT in EUR is USD SELL. All MARKETS including STOCKS are UP due to MARKET RISK being ON. It affects the EUR in a big way. - EURGBP can definitely go up to the high RESISTANCE LEVEL. EUR may be slightly WEAK due to USD STRONG at the moment. Accordingly, EURGBP can go up slightly until the 0.9136 LEVEL. And after that EURGBP can be SELL to 0.8510 LEVEL.
by benny_marshall
XAUUSD Daily Projection 26/09/22XAUUSD XAUUSD finally broke out and fell into the range 1629 - 1646. An attempt to make a correction occurred and was immediately rejected, so the possibility of Loco landing at support 1628 is very possible. Be careful because the price may correct the resistance as well as the MA8 at 1658 before continuing to land at support 1629. Possible to take SELL LIMIT 1658.12 SL 1676.72 TP 1629.47 R3 1678.300 R2 1668.290 R1 1659.800 PV 1646.100 S1 1628.440 S2 1616.870 S3 1608.120
OANDA:XAUUSDShort
by AbsoluteWillid
GBPUSD Today's Projection 21/09/22GBPUSD GBPUSD again tried to penetrate the support area 1.13502 - 1.13695 for the third time this week and re-ejected. The downtrend is still quite visible in this pair with a reversal point at resistance 1.16714. Tonight's FOMC will determine whether the Cable will continue to fall deeper through this support or start a reversal and end the downtrend. We test the waves with BUY LIMIT at 1.13750 SL 1.13397 TP 1.15400 R3 1.16714 R2 1.15414 R1 1.14139 PV 1.13695 S1 1.13502 S2 1.10793 S3 1.08693
Long
by AbsoluteWillid
2
XAUUSD Daily Projection 21/09/22XAUUSD 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 for the support at 1660 to be broken before looking for a good SELL entry position. R3 1685.570 R2 1678.300 R1 1668.290 PV 1659.800 S1 1646.100 S2 1628.440 S3 1616.870
OANDA:XAUUSD
by AbsoluteWillid
EURUSD Daily Projection 21/09/22EURUSD 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 at all to confirm its reversal. USE HALF LOT for each position. BUY LIMIT 0.99695 SL 0.98622 TP 1.01033. BUY LIMIT 0.98970 with the same SL and TP. R3 1.01172 R2 1.00232 R1 0.99923 PV 0.99649 S1 0.99228 S2 0.98930 S3 0.97871
Long
by AbsoluteWillid
Daily analysis & day trading setups DAX DAX40 DE30EUR 12 SEP 22Happy Monday, Happy New Week, Dax is now negotiating 50 DMA @ 13182. Now we are reaching a major infliction zone from 13300 to 440. The floor is still fragile at 13k Macro EU ECB De Guindos & Schnabel speeches Buy Break: 13 203, 269, 323 Reversal: 13 154, 096, 034, 12 964, 915, 848 Sell Break: 13 164, 108, 041, 12 974 Reversal: 13 215, 276, 336, 403 I regularly publish my daily analysis & trading plan for day trading setups. The links are here: NASDAQ DAX SPX You can now copy my zones directly to chart by clicking on the following: www.tradingview.com Green Goblin levels are here >>> Fibonacci Confluence levels are here >>>
OANDA:DE30EUR
by TradingIndian