Dow Jones Index signal
A good day for our DJIA Index signals subscribers, We asked them to sell this major indices. Wall Street crashed and our subscribers exited at our target. Here is what we wrote to our subscribers.
Sell US30 at 24825 with stop loss of 24940 ( later we changed this stop at 24966 ) for target of 24700. Dow Jones crashed and our subscribers exited at 24700. We fetched nearly 120 pips in this trade and made approx $1200 profit per lot.
Currently Wall Street trading at 24690, Immediate support on DJIA Index chart stands at 24470, If traders break and sustain below this level. Then expect more pressure in US stock market upto 24360- 24250 today.
A good resistance on US30 chart stands at 24950, If traders break and sustain above our resistance. Then expect equity markets to test upto 25070- 25190 today.
Currently Dow Jones is in weak zone, Avoid any major buy for now.
Forex signal
A good day for our Forex signals subscribers, We asked them to sell our two favorite currency pairs. We sold usd/jpy and usd/chf. Our Jpy target achieved while chf is in 20 pips profit. We are waiting for our usd/chf target but usd/jpy achieved our target. Here is our fx signal.
Sell usd/jpy at 111.23 with stop loss of 111.56 for target of 110.80. It crashed and made low of below 110.80. We fetched nearly 40 pips profit in this trade. We juiced approx $400 in this major trade.
Currently usd/jpy trading at 110.05, A good support on this forex pair stands at 110.75, If traders break and sustain below this level. Then expect more pressure upto 110.30- 110.
A good resistance on jpy chart stands at 110.51, If traders break and sustain above our resistance. Then expect good rise upto 110.91- 112.30 today.
Usd/Jpy trend is weak for now, Avoid any major buy till our resistance is intact.
For euro trend and levels read our today’s post here
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