July 15, 2013

EURUSD Chart analysis

  • EURUSD Bulls need price to sustain above the  4 Hour cloud.
  • One hour chart shows  a contraction pattern above 100 Hour SMA.
  • Crucial resistance at golden ratio shown in four hour chart. Support at 38.2% Fib level.
  • GOLD SUPPORT AND RESISTANCE LEVELS
  • ES CHART ANALYSIS
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GOLD Support and Resistance zone

 
  • Gold four hour chart shows crucial support at 1267.
  • One hour chart shows price moving up from 100 Hour SMA.
  • Resistance in four hour chart is seen at 1294 - 1298 zone.
  • GLD WEEKEND UPDATE
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ES Trend update

  • Hourly up trend looks safe for now as it trades above 50 Hour SMA and the Hourly cloud. Weakness only on price trading below the hourly cloud.
  • ES Daily is testing a crucial resistance level. This area needs to be cleared soon to avoid a correction at this level.
  • DEATH CROSS OF ORACLE
  • GLD WEEKEND UPDATE
  • S&P 500 WEEKEND UPDATE
  • BOEING BEARISH VOLUME SPIKE
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BANK NIFTY Chart analysis

 
  • BN Bulls need a daily close above 11752 for moving higher.
  • Weakness on price trading below 5 Day High EMA.
  • Weekly chart shows a bullish engulfing pattern which needs weekly candle to breakout above 50 Week SMA and the cloud.




July 14, 2013

GLD Weekend update

  • GLD Weekly chart shows a possible reversal candlestick setup which needs price to trade above 5 Week High EMA.
  • Daily chat is trying to stay above 20 Day SMA.
  • GAP In daily chart and Crucial Fib levels may act as resistance for bulls of GLD.
  • S&P 500 WEEKEND UPDATE
  • BOEING BEARISH VOLUME SPIKE
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Death Cross of ORACLE

  • Oracle daily chart shows 200 and 50 day SMA about to do a Bearish Death cross.
  • Daily chart is trying to fade the GAP and has closed below 20 Day SMA with a bearish Engulfing pattern.
  • More weakness for the stock on falling below 31.05. For strength price has to sustain above 20 Day SMA.
  • BOEING BEARISH VOLUME SPIKE
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EBAY Near Selling zone.

  • Ebay Inc Weekly chart shows price Testing the selling zone.
  • Daily chart shows overbought RSI as price nears the resistance zone.
  • Weekly chart shows price Consolidating in a bullish rectangle pattern. Rectangle is likely to act as a continuation patter But for now price may remain inside this range.
  • BOEING BEARISH VOLUME SPIKE
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