US30 is currently stuck between a downward trend line and a major support area at 44179. If sellers continue to weaken throughout the day tomorrow expect a huge trend reversal and price to start a bullish trend that should render 7000+ pips or more. Lets Gooo! What do you think?
US30 Created a evening start at 10 am on the 1 hr chart. This is indication that price is most likely reversing at this point. US30 will most likely continue to be bullish for some time going forward. Let me know your thoughts.
US 30 is currently at a major support line at 44388. Price is likely to stay along this support line until tomorrow morning during high trade times between 9am and 11am. Price will likely continue falling or another day, however because we are at a major support line price may bounce off of the current support line faking a sell just to create a bullish trend....
US 30 is bearish from reaching an all time high. Currently sitting on a support line at 44613 look for price to react at this level giving an opportunity for a buy or a sell. Keep in mind the US30 loves to fake so be sure to pay attention to a retest once price breaks the support line. Our bias is price will continue in the trend downward until it reaches 44360
AUDUSD is currently pushing past a week support area on the 4Hr. It will most likely rise to the next resistance level and react at this point. This is good short term buy situation with a 1:1 ratio.