financialmarketsalgorithms

financialmarketsalgorithms

Bank nifty facing short term selling pressure on the back of negative MACD divergence. May turn up after filling the first gap area?

financialmarketsalgorithms

Dr. Lal pathlabs is ready to start a new pattern after completing a downward impulsive pattern. SL below wave 5.

financialmarketsalgorithms

GBPJPY may be ready to break upwards out of a cup and handle formation above 151/151.5 range.

financialmarketsalgorithms Updated 

EURUSD poised to move to sub 1.16 levels to complete Wave 5. Watch for break out of triangle pattern.stop @ 1.19

financialmarketsalgorithms

Recently broke through 2.4% resistance. May test 2.6% if the FED takes a hawkish tone in December. Interesting times ahead for the Bond market. The rising yield has impact on the emerging markets as well.

financialmarketsalgorithms

USD is gaining on the back of higher 10 yr treasury yields and Trump Tax plan. Heavy resistance area 114-115. If it manages to clear overhead resistance we are looking at 119/122 in next 3 months.

financialmarketsalgorithms Updated 

Struggling to clear resistance @ 113 zone. MACD in sell mode. stop 113.25. Targets 110.5/109.5

financialmarketsalgorithms

Price above key moving averages and MACD turning up. Buy for target 18 to 18.5$. Stop 16.75

financialmarketsalgorithms

Extremely poor results from Axis Bank induce a sell-off taking out a 6 month trendline. Trend now bearish.

financialmarketsalgorithms

A bullish MACD crossover and 20 DMA above 50 DMA after long time. Some positive news from from FDA as well. Targets 585/620 TF 3 MONTHS

financialmarketsalgorithms Updated 

positive divergence on MACD. A bounce to 1.18/1.1850 possible in the next 2 weeks.

financialmarketsalgorithms

NALCO at new high on break of horizontal resistance. MACD turning to buy mode.

financialmarketsalgorithms

Bullish breakout on heavy volumes. prices heading higher. Sl 36 closing basis. MACD in buy mode.

financialmarketsalgorithms Updated 

Swing Buy for targets of 530/540 zone. Stop @ 480

financialmarketsalgorithms Updated 

EURGBP may move up to 0.8950/0.9050 in the coming weeks on the back of positive MACD divergence.

financialmarketsalgorithms

Bank Nifty has failed to crossed the strong resistance at 25k and is now fallen to threaten the support zone near 23800/900 levels. Time to watch from the sidelines if the Bears are able to break this support on high volumes.

financialmarketsalgorithms

Gold Silver ration may in favor of Gold as bouncing off support at 74 zone and moving above trendline resistance. SL 74 MACD also turning up

financialmarketsalgorithms Updated 

USD looks to break higher against the INR on the back of a hawish FED. Targets are 65.25/65.75 tf 1 month. SL 64.10. MACD turning into buy mode.