- Facebook daily chart testing the cloud and crucial support zone between 45.26 - 45.72. For bigger falls price need to break and close below the cloud.
- Resistance is seen at 50 and 20 day SMA. These two moving averages has given a bearish cross which will act as a resistance zone..
- GOLD Trend update
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 24, 2013
FACEBOOK Weekend update
EURUSD Weekend update
- EURUSD 4 Hour chart shows price nearing crucial resistance zone. EURUSD Bulls need a daily close above 200 period SMA for a bigger up move to happen.
- There is a higher low formed at 23.6% Fib level as shown in last chart. So chances of a breakout above the resistance levels are high.
- GOLD Trend update
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