February 25, 2013

EURUSD Support and Resistance levels

 
  • EURUSD Daily chart shows previous resistance level acting as support.
  • Daily chart also shows the current bounce exactly from 100 Day SMA.
  • Black lines in 4 Hour chart are possible resistance levels for the current bounce.
  • APPLE WEEKEND UPDATE
  • GLD WEEKEND UPDATE
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SILVER Trend update

  • Silver violating the falling resistance line in hour chart.
  • Price trying to stay above the hourly cloud. Silver bulls need to sustain above the cloud and 29.17 levels for a bigger pullback to happen.
  • Hour candle closing back into the candle will favor Silver bears to continue the down trend of this time frame.
  • GLD WEEKEND UPDATE
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MCX COPPER Trend update

  • COPPER Hourly chart shows bears safe below the cloud and the down trend line
  • But Daily chart is approaching a crucial support zone near 419 - 421 levels.  A pause or a bounce from this zone looks possible.


NIFTY Support levels


  • Price at 100 Day SMA and 50% Fibonacci level.
  • Daily chart is also near the neckline of a Head and shoulders pattern.
  • So the above mentioned level may act as support level for a bounce. For the pattern on a successful breakdown should give about 130 points on the down side.
  • JP ASSOCIATES CHART ANALYSIS
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JP ASSOCIATE Ltd Chart analysis

 
  • JP Associates continues to fall down in a narrow channel 
  • Weekly chart is showing a potential support line. If this line is not held price will continue to move lower towards 60 levels.
  • Last chart shows Immediate resistance at 20 Day SMA and 200 Day SMA. Bounce is possible on trading above 20 Day SMA.
  • NIFTY 50 STOCKS FREE LIVE CHARTS
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CRUDE Oil weekend update

 
  • CRUDE Oil weekly chart shows price back to the breakout line. If price starts to trade inside the pattern it may lead to a bigger fall.
  • Second chart shows price breaking below the range and 50 Day SMA. Sustaining below these levels may lead to a bigger fall.
  • Price testing 38.2% Fib level. Holding above this may lead to a small bounce. More lows possible on breaking this level.
  • SPX ANALYSIS AFTER CLOSING BELL
  • APPLE WEEKEND UPDATE


February 24, 2013

FACEBOOK Support and Resistance

 

  • Crucial support levels for Facebook at 20 Week SMA and 38.2% Fib level
  • 50 and 20 Day SMA is converging this area will act as stiff resistance level on up moves.
  • GLD WEEKEND UPDATE
  • SPX ANALYSIS AFTER CLOSING BELL
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