SILVER Chart update

• Silver weekly chart shows weakness at a falling resistance line
• Daily chart got resisted at 200 SMA
• More falls if price sustains below 50 day SMA.

CRUDE Oil chart update

• Crude oil daily chart is showing weakness.
• IHNS Breakout attempt is looking weak so far. Price need to move up soon to avoid a false breakout.

ES in Ranges

• ES one hour and 4 Hour charts are moving sideways in a range.
• For now price is at the resistance zone of One hour time frame.

EURUSD Trend update

 

• Price continues to trend down below 50 day SMA and the Daily cloud.
• Mild strength above 1.10 level. Weakness below 1.07 levels. Possibility of new lows if pair falls below 1.07 levels.
• For a trend change daily needs to move above the cloud.