Silver weekend update

 

• Silver daily chart has strong resistance at Golden ratio and 200 Day sma.
• For the very short term Bulls will be under pressure as its below 4 Hour cloud. 
• 4 Hour cloud may continue to act as resistance.

CRUDE Oil weekend update

 

• Crude oil daily chart holds above 100 SMA.
• Price yet to move out of the daily range.
• Hope for crude oil bulls in the 4 Hour chart. Rising support line must hold for a possible breakout to happen. Price falling below the support line may take price back to range bottom again.

APPLE Weekend update

• Price contraction and sideways move continues in Apple.
• Weekly chart suggests that the contraction is likely to result in an upper breakout. so far it has happened like that, Weakness only if price closes week below 121.3 levels.

EURUSD Weekend Update

• EURUSD Continues to struggle as it nears the daily cloud. 
• 4 Hour chart shown with crucial support zone. If not held bigger falls are likely
• One hour chart is trending below the cloud. Staying below the cloud price will test the support zone shown in 4 Hour chart.

NIFTY Chart Analysis

• Nifty bulls staying above 50 SMA will favor bulls to extend this up move.
• Bears have hope in Golden ratio.
• Indicators like RSI are yet to reach overbought status. So stay with the daily trend until it shows weakness. Moving back below 50 SMA will be the first signs of weakness.

CRUDE Oil chart update

• Crude oil daily chart is above 100 SMA. For an attempt to break above the daily range price need to stay above 100 Day SMA.
• 4 Hour chart is above a trend line. Bears need to stay below this for a correction towards range bottom to happen.

ES update

• ES one hour has broken above the range resistance level.
• 4 Hour chart shows price moving towards range top.
• Larger time frames are likely to remain in range.