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February 14, 2024Australian_Stocks_enIC Markets

A potential bullish movement on Australia 200 Index

The movement of Australia 200 Index towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]

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February 13, 2024Australian_Stocks_enIC Markets

Either a rebound or a breakout imminent on FTSE China A50 Index

The movement of FTSE China A50 Index towards 11433.3301 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 21 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]

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February 12, 2024Australian_Stocks_enIC Markets

Should we expect a breakout or a rebound on Australia 200 Index?

Australia 200 Index is moving towards a key resistance level at 7676.8701. This is a previously tested level for Australia 200 Index. This could be a good trading opportunity, either at the spot price, or after breaching this level.

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February 12, 2024Australian_Stocks_enIC Markets

Possible breach of support level by FTSE China A50 Index

A Channel Up pattern was identified on FTSE China A50 Index at 11436.69, creating an expectation that it may move to the support line at 11365.2592. It may break through that line and continue the bearish trend or it may reverse from that line.

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February 8, 2024Australian_Stocks_enIC Markets

Hong Kong 50 Index short term bearish trade setup to 15427.1299

Hong Kong 50 Index is heading towards 15427.1299 and could reach this point within the next 21 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down […]

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February 7, 2024Australian_Stocks_enIC Markets

Should we expect a bullish trend on FTSE China A50 Index?

The price of FTSE China A50 Index in heading in the direction of 11567.7598. Despite the recent breakout through 11518.8604 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce […]

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February 6, 2024Australian_Stocks_enIC Markets

Should we expect a bullish trend on Hong Kong 50 Index?

Hong Kong 50 Index has breached the resistance line at 15933.6104. It may conitnue the bullish trend towards 16530.4063, or, it may prove to be yet another test of this level.

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February 5, 2024Australian_Stocks_enIC Markets

A potential bullish movement on Hong Kong 50 Index

A strong resistance level has been identified at 15933.6104 on the 1 hour Hong Kong 50 Index chart. Hong Kong 50 Index is likely to test it soon.

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February 2, 2024Australian_Stocks_enIC Markets

Australia 200 Index experienced an exceptionally large movement

Australia 200 Index hits 7711.85 after a 1.47% move spanning 13 hours.

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February 1, 2024Australian_Stocks_enIC Markets

Hong Kong 50 Index approaching support level

A strong support level has been identified at 15548.4502 on the 15 Minutes Hong Kong 50 Index chart. Hong Kong 50 Index is likely to test it soon.

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