Hong Kong 50 Index short term bearish trade setup to 16489.7500
A strong support level has been identified at 16489.7500 on the 30 Minutes Hong Kong 50 Index chart. Hong Kong 50 Index is likely to test it soon.
Falling Wedge breakout on Australia 200 Index
Australia 200 Index has broken through a resistance line of a Falling Wedge and suggests a possible movement to 7867.5712 within the next 21 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see […]
Important price line breached by Hong Kong 50 Index
Hong Kong 50 Index has broken through a line of 16686.6895. If this breakout holds true, we could see the price of Hong Kong 50 Index heading towards 16357.6943 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably […]
bearish technical pattern on Australia 200 Index 1 hour
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 7720.8702 but consider reducing the size of your position as the price gets […]
Breach of important price line imminent by FTSE China A50 Index
FTSE China A50 Index is moving towards a key support level at 12117.5000. This is a previously tested level for FTSE China A50 Index. This could be a good trading opportunity, either at the spot price, or after breaching this level.
Hong Kong 50 Index breakout through resistance
A strong resistance level has been breached at 16793.1309 on the 1 hour Hong Kong 50 Index chart. Technical Analysis theory forecasts a movement to 17174.3691 in the next 2 days.
Should we expect a breakout or a rebound on FTSE China A50 Index?
FTSE China A50 Index is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again […]
Should we expect a breakout or a rebound on FTSE China A50 Index?
An emerging Descending Triangle has been detected on FTSE China A50 Index on the 4 hour chart. There is a possible move towards 11990.5187 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
Hong Kong 50 Index approaching resistance level
Hong Kong 50 Index is moving towards a key resistance level at 16793.1309. Hong Kong 50 Index has previously tested this level 5 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
There was a bullish move on Australia 200 Index
Australia 200 Index rose sharply for day – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in Australia 200 Index there is a chance that we will witness a correction, no matter how brief.