AUDUSD reversed before the 100-DMA hurdle on Friday. The bears, however, jostle with the five-week-old horizontal support area surrounding 0.6860-50 afterward, a break of which could quickly drag the quote towards May’s low near 0.6830. It’s worth noting that the pair’s downside past 0.6830 could have an intermediate halt around the 0.6800 round figure before...
Initial Sign of Trend Reversal and my exit point BELOW redline and Target don't know .
NZDUSD picks up bids inside a weekly trading range that restricts the pair’s move after it dropped below a five-week-old ascending trend line and the 200-SMA. Given the quote’s sustained trading below the previous key supports, as well as the bearish MACD signals and downbeat RSI (14), the pair is likely to witness further downside. That said, the 78.6% Fibonacci...
The stock has touched the resistance line many times in short period means the resistance line is weak now. This time it may cross it. Will wait for it to breakout with good volume (its educational chart not a buying recommendation)
rsi and price on negative trend due to support trend break down.
stock is moving on 100 ema and also taking support of rsi trend line support.
EURUSD dropped to the lowest since late 2002 during the four-day downtrend. The oversold RSI, however, tested the bears afterward around 0.9900. It’s worth noting that the consolidation remains elusive until the quote stays beyond the previous monthly low near 0.9950. Even so, the parity level and a six-week-old horizontal resistance area around 1.0090 could...
DEEPAK NITRITE Pennant Pattern Breakout Retest Level looks for Long Only When Nifty take Support On nearby Level.
Nifty has formed bearish engulfing on daily basis and shooting star in a weekly chart. Dual bearish candle at downtrend line showing weakness in Nifty. RSI is in overbought zone and now started moving down from above 80 to 70 level. Short term trend is still bullish but below 17700 or breaking below regression line, trend will reverse. Nifty Short below...
price already stands on trend line and support line
rsi and stock price are on trend line support. price also near 200 ema which may become support. trend looks positive you can buy.
positive trend but need retrachment due to important ressistance level rsi trend also negative
taking support on 200 ema and on important support level stock already on make or brake level Rsi and price on negative trend
jindak steel looking weak because the share has takeing resistance from old trend line short below 400. NSE:JINDALSTEL
Trend is up now and also ressistance break out with high volume due to Positive news in this sock on revenue generate. Go for next ressistance.
Nifty future may face major resistance at 17865. Short position can make near this major trend line resistance.