- 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
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 24, 2012
EURUSD Trend update
FACEBOOK Chart update
- 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
BANK Nifty intraday analysis
- 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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