April 20, 2015

  • EURUSD Daily chart shows weakness at cloud and 50 Day SMA
  • Bears of EURUSD Will gain more strength when price falls below Hourly cloud.

  • Up trend of BN is getting tested. Pattern in daily chart looks Topish.
  • Price is below crucial moving averages.
  • Bulls must hold above 200 SMA and 17719 levels on closing basis to avoid a bigger correction. Long term up trend can resume if these levels are held.
  • CRUDE Oil analysis: CLICK Here


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"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore