- Crude oil testing the channel support line
- 4 Hour chart shows price testing the Cloud which has acted as strong support for sometime now.
- 4 Hour chart also shows a trading range between 94 and 96. If the above mentioned support levels are held we may see an upper breakout from this range.
- SILVER TREND UPDATE
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- Hour chart shows price trending down below the Ichimoku cloud.
- Bearish cross of 20 and 50 Hour SMA continue to work in hourly chart.
- 4 Hour chart shows possible support at 50% Fib level. If holds an up move is possible. Breaking below 50% Fib level may lead to Golden ratio near 29.80 levels.
- EURUSD is testing 50% Fib level in weekly chart.
- Price is above the weekly cloud which will favor bullish moves in EURUSD.
- Sustaining above 100 Week SMA may lead to more up moves in EURUSD Possibly towards the Golden ratio shown in first chart.
- Yahoo daily chart shows negative divergence. Price making Higher High While the indicator making Lower High.
- Up trend will be safe as long as price stays above 50 Day SMA.
- Strong support is seen in the weekly chart between 18.84 and 19.12.
- Negative Divergence may work well if price starts to trade below 50 day SMA.
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MICROSOFT WEEKEND UPDATE
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- Weakness last week was seen at the Upper bollinger band. This may continue to act as a correction zone during up moves.
- Immediate support levels in daily chart are the up trend line and 20 SMA shown in chart 2 and 3.
- Crucial support levels shown in weekly chart are 78.6% Fib level and 5944 marked on the left side.
- NIFTY 50 STOCKS FREE LIVE CHARTS
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- Daily chart of BAC shows a trading range between 11.02 - 12.2. This range must resolve for the next big move to happen.
- Closing above 20 SMA may take price towards the upper end of the trading range.
- Weekly chart shows this range happening below the 50% Fib Fan line. Price trading above this line may help bulls to extend the up move out of this trading range.
- MICROSOFT WEEKEND UPDATE
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- First chart shows apple monthly time frame with fibonacci levels. Price has broken below 23.6% and 38.2% and is Moving towards the 50% Fib level at 391 levels.
- 2nd chart shows price continues to break below crucial moving averages like 20, 50 and 100 Week SMA. Next target is the crucial 200 Week SMA which is near 350 levels.
- Last chart shows monthly candle violating 20 Month SMA. Month closing below Middle Bollinger band will further strengthen bears of APPLE.
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MICROSOFT WEEKEND UPDATE
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