CRUDE Oil chart update

• Possible resistance levels for crude oil.
• Crude oil bulls need to close above 50 SMA and the Daily Cloud to extend the bounce

EURUSD Trend update

• Daily chart is moving towards 50 Day SMA and the Daily cloud.
• The shadow in the Month candle shows good bounce for the pair. But to confirm support at these levels price need to close at the current levels or higher.
• The shadow is likely to vanish if price get resisted at 50 sma OR Daily cloud.
• CRUDE OIL WEEKEND UPDATE

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NIFTY Chart analysis

• Nifty inching towards 100 SMA.
• Price for now is below 20 Week SMA.
• Twice in the recent past 100 SMA was broken but bulls managed to come back. Now even if 100 SMA is gone the support lines shown in chart 3 must break for bigger falls to follow.

CRUDE Oil chart update

 

• Crude oil is showing good bounce from the recent swing low. Price is moving towards daily cloud. 4 Hour chart is showing some resistance levels as it moves up. Crude oil bulls must cross these levels to extend the bounce towards the daily cloud.

ES Chart analysis

 

• One hour shows a bullish ascending triangle pattern. Mostly works well for bulls. Weakness in hour chart if price starts to trade below 100 Hour SMA as shown in second chart.
• 3rd chart shows Gradual up move of ES with Higher High's and Lows. Bulls want this to continue. Bears need to break below the rising support line.
• FACEBOOK WEEKEND UPDATE

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SILVER Chart update

 

• Silver daily near Golden ratio and Daily cloud.
• Price near 200 SMA.
• Silver bulls must clear these resistance levels to extend gains.
• FACEBOOK WEEKEND UPDATE

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Microsoft Chart analysis

• MSFT Has a bearish pattern in daily chart.
• Daily chart also shows a death cross. This will be effective till price stays below 50 Day SMA.
• Price for now is taking support at weekly cloud. Bears need to fall below the cloud for bigger falls to happen. Bulls need to move back above 50 and 200 SMA to negate the bearish patterns in daily chart.
• CRUDE OIL WEEKEND UPDATE
• FACEBOOK WEEKEND UPDATE

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