April 20, 2015

EURUSD Chart update

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

Bank nifty Trend update

  • 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