- Crucial support for EURUSD at the 23.6% Support level of 4 Hour chart.
- Broken support line and the levels shown in last chart may act as resistance.
- If the correction extends the broken resistance lines of the ascending triangle and 23.6% Fib level may act as support. Weakness only if price starts to trade below these levels.
- ITC is falling towards its up trend line and 100 Day sma.
- Weekly chart is showing a potential bearish setup. Bigger correction on price closing below 20 Week SMA.
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- First chart is the 4 Hour time frame with channel breakout and Immediate resistance levels.
- 2nd chart is the weekly triangle. If the levels in 4 Hour chart is taken out then the weekly resistance levels are possible for bulls of crude oil.
- Weakness at resistance levels of 4 Hour chart may resume the fall again.
- GOLD Support Levels
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- Gold four hour chart near crucial support levels.
- Rising support line and 100 period SMA should be held for an up move to happen. Gold bears need to close below these levels.
- ES Four hour in a big ascending triangle pattern
- 4 Hour cloud is giving support for price. Price yet to close below the cloud. Sustaining above the cloud may lead to a breakout.
- Weakness only on price closing below 4 Hour cloud.
- Crude oil 4 Hour chart shows price getting support at crucial fib levels.
- One hour chart shows a channel breakout in favor of bulls.
- Weekly chart shows price taking support at Triangle patterns resistance line. Weakness only if price falls into the pattern.