EURUSD Chart analysis

• EURUSD Weekly chart shows price near resistance line.
• Current up move will be safe above the cloud and Up trend line of four hour time frame.
• Weakness on price trading below the up trend line. Trend will turn on price falling below the cloud.

BANK NIFTY Chart analysis

• Current trend will remain strong if price continues to trade below 5 Day High EMA.
• Price staying below 20 Week SMA too means weakness on higher time frame.
• Levels to protect for bulls are 11735 and 11656 below which down trend will gain momentum.

BLACKBERRY Chart analysis

 

• Daily chart hits Upper bollinger band and near a resistance line as shown in first chart.
• Last chart shows price closing above 50 Day SMA. Sustaining above 50 SMA price may target the resistance line from 18.32 level
• ES CHART ANALYSIS

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ES Chart analysis

• ES One hour chart shows price in a big Ascending triangle pattern.
• four hour chart shows price testing 50% Fib level.
• One hour with Ichimoku cloud shows price getting support at the cloud during falls. Weakness in this time frame only if price starts to trade below the cloud.

NIFTY Chart analysis

• Daily chart moves back above 200 Day SMA.
• Immediate resistance levels in daily chart at 100 Day SMA and 38.2% fib level.
• Weekly chart shows price testing 20 Week SMA. Sustaining above 20 Week SMA may target the falling 5 Week High EMA.

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S&P 500 Analysis after closing bell

• SPX Getting resisted at 20 Day SMA again.
• Hour chart shows price showing weakness near 50% Fib level.
• Hour chart for now is moving like an ascending triangle pattern. Support levels are getting higher, if this continues a breakout is possible. Weakness below 1630 Strength on closing above 1648.

CRUDE Oil testing golden ratio

• Crude oil weekly chart shows price testing Golden ratio. This level has acted as stiff resistance level in the recent past. Many up moves have finished at this level in the recent past. 
• Daily chart shows price breakout from an inverted head and shoulders pattern. If the Golden ratio is to work then the breakout from IHNS would be a false one. Price falling below the hourly cloud means weakness.