USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
JAIPRAKASH ASSOCIA, SOUTH INDIA BANK, ADANI POWER LTD, RELIANCE COMM LTD, DEWAN HOUSING FIN, SUZLON ENERGY LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
It is been observed that the price action firstly broke from a symmetrical triangle on daily chart, indicated bearishness in the price action. Now, the price action breaking new support levels and forming lower lows, again indicating further bearishness ahead.
The price action that was trading in a downward trendline has now finally breaks out from the downward trending line, indicating high buying pressure and bullishness.