Facebook Chart analysis

 

• Facebook daily chart shows price unable to close above the cloud.
• Hourly chart seen near crucial support levels. Closing below them may result in bigger correction.

Bank Nifty chart analysis

 

• Bank nifty continues to trade in a range.
• Fib levels shows price staying above 23.6%, Weakness only if price falls below this level. Bearish below 38.2% Fib level. Bulls need to stay above 23.6% Fib level to avoid a correction.
• Rising 20 Day SMA too may act as support for BN Bulls.

EURUSD Chart update

• Range breakdown was followed by a reversal which has taken price back above the range.
• Pair took support near the support zone in daily chart.
• For now pair is testing a support zone which was broken earlier and may act as resistance. Bigger up move only if price move back into the daily range shown in chart 3.