USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
JAIPRAKASH ASSOCIA, DEWAN HOUSING FIN, YES BANK, RELIANCE COMM LTD, INDIABULLS HOUSING, 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
Gold has cleared immediate resistance near 1220 levels and is poised to move higher toward the 1260/1280 zone between the 50 and 61.8 Fib retracement levels.. SL 1180 levels closing
EURGBP is starting to show bearish signs with a lower high formation. Bearish view will be confirmed on break of 0.8938. Down move can extend to 0.8875/25. MACD flat to bearish indicating bearish bias.
MACD divergence building on daily charts may prompt a bullish bounce in Silver to 16/16.25 $.
JSW steel approaching crucial resistance. Odds of a bullish break are high. MACD CROSSOVER and move into positive region is supportive.
EUR could move by 200 bps from current levels once it moves above the triangle pattern. Target 1.1850/1.19 TF 1 month.
Gold is near very strong support level of 1230/40 zone. Expect a strong rebound to 1280/1300 zone. Trade goes bad below 1225.
MACD turning and at 80% Retracement level. Low Risk buy with SL in 1170/80 zone. Targets 1280/1310
USDJPY may be ready for uptrend on the back of US 10yr touching 2.96%. MACD in buy mode and recently cleared resistance near 107.5
Nifty has retraced nearly 50% of the previous fall and is approaching 62% FIB retracement level. Needs to clear 10700 for clear bullish trend.
MACD moving into positive zone coupled with chart pattern break. Target 380/420
EWO negative variance and MACD negative divergence indicate Silver may outperform Gold.
Emkay Global may be ready to move ahead after a period of long consolidation. Positive divergence on Elliot Wave oscillator.
Nifty near support levels of 10000 after falling nearly 10% from highs. Should witness a relief rally to 10400/10500 zone. MACD beginning to move up
EURUSD poised to break below triangle pattern. Target area 1.2150/1.2175. SL 1.2400
Crude oil approaching short term zone after a period of consolidation. Bearish breakdown most likely scenario.
Bank Nifty is starting to show positive divergence on hourly charts. A good time to cover shorts as a impulsive wave 5 down is about to end.
Moves below 200 MA MACD BEARISH.Targets 59.5/57.SL 64.50
Dax seems to have topped out on bearish MACD Divergence. Watch supports drawn on the charts.