- EURUSD Daily chart is testing the breakout above the resistance levels.
- Daily chart shows negative divergence. During trending moves divergence doesn't work well.
- Price sustaining above crucial moving averages. Weakness on price falling below 20 day sma.
- APPLE WEEKEND UPDATE
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- Daily chart shows price at lower bollinger band which may result in a bounce.
- MACD sell signal is doing well so far as price breaks the range. For bears price has to sustain below 23.6% Fib level for more falls.
- If price gets back into the range we may see a rally for the false breakdown.
- APPLE WEEKEND UPDATE
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- Daily MACD is showing a sell signal But price yet to break below daily range or 20 Day SMA.
- Weekly chart is also showing price above crucial support levels as shown in last two charts. These two levels in weekly has to break for a bigger down move to happen.
- NIFTY WEEKEND UPDATE
- BANK NIFTY LIVE CHART- 5 MINUTES TIME FRAME
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- Daily chart near 50 Day SMA. Daily chart also shows price nearing GAP.
- Weekly chart shows 100 Week SMA as resistance level.
- So confluence of resistance will make it tough for bulls to move up.
- APPLE WEEKEND UPDATE
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- Ford violating weekly resistance line
- Price above Weekly ichimoku cloud.
- Monthly chart also shows price above 20 Month SMA. Sustaining above these levels could lead to bigger up moves.
- APPLE WEEKEND UPDATE
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- First chart shows weekly time frame with rising and slopping support lines.
- Next chart shows 100 Week SMA as crucial support if the support line gets broken.
- Last chart shows Monthly candle trying to hold above 20 Month SMA.
- RIMM CHART ANALYSIS
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- SPX Daily chart shows volume spike for the bearish candle.
- Price managed to hold above 20 Day SMA. MACD Histogram shows negative divergence which will favor bulls only if price stays below 20 Day SMA.
- Fib level shows price falling from 78.6% Fib level. More falls if the Golden ratio does not hold.
