- Apple daily continues to stay below 200 Day SMA.
- Weekly chart of apple shows price testing the cloud. Weekly trend will be in trouble only if price breaks below the cloud.
- Next possible support zone is between 103 and 104 levels as shown in last chart.
- CRUDE Oil trend update
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 8, 2015
APPLE Weekend update
SILVER Chart analysis
- Silver month and weekly chart shows price holding onto crucial support zone. Daily chart is shown with a falling resistance line which is the immediate resistance line. Price closing above this falling resistance line may give a reversal or a bounce for silver from the current levels. On the contrary silver bulls will be in bigger trouble if the weekly support zone goes.
- CRUDE OIL TREND UPDATE
- EURUSD Descending Triangle
EURUSD Chart analysis
- EURUSD Continues to stay below 200 SMA and daily cloud. Daily pattern is also doing a bearish descending triangle pattern. If the cloud resistance is not broken a descending triangle breakdown is likely to happen.
- CRUDE Oil trend update
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