EURUSD Support and Resistance levels

 

• EURUSD 4 Hour time frame shows immediate support levels at 38.2% Fib level and 100 period sma.
• Daily time frame shows price getting resisted at 100 Day SMA.
• Violation of these levels on closing basis may give good direction for EURUSD.

QQQ Resistance levels

 

• QQQ hour chart shows price near falling resistance line.
• Price near hourly cloud which may act as resistance.
• Fib levels shows price near Golden ratio. So for the up move to continue price must sustain above multiple resistance levels.

GOLD Resistance levels

• Immediate resistance level for gold at 50 period SMA of 4 Hour time frame.
• If price sustains above 50 Period SMA it could target the broken channel support line and Golden ratio Fib level shown in the same chart.

CATERPILLAR nearing Death Cross

 

 

• Caterpillar nearing death cross in daily chart.
• Weekly chart is testing crucial support zone between 78 - 80. If this level holds an up move is likely.
• Weekly chart also shows price closing below 200 Week SMA. If bounces today price should sustain above this level(200 wsma) otherwise a bigger correction looks likely in this stock.
• ES CHART ANALYSIS

-->

ES Chart analysis

• ES 30 Minutes chart shows price in a small range. Price above the cloud should lead to an upper breakout.
• One hour chart shows price ranging above 100 Hour SMA. Sustaining above 100 SMA should lead to 200 Hour SMA.
• 4 Hour chart shows price ranging at 38.2% Fib level with next resistance at 50% and support at 23.6% fib level.
• APPLE POSITIVE DIVERGENCE

-->

BANK NIFTY Chart update

 

• Daily close above Ichimoku cloud and weekly close above 20 Week SMA suggest strength. Sustaining above these levels should give further up moves.
• Fib level shows next resistance at 78.6% Fib level.
• Monthly chart shows price testing 5 Month High EMA This one should be crossed for a bigger up move to unfold.
• NIFTY CHART ANALYSIS

-->