Possible breach of resistance level by Australia 200 Index
Australia 200 Index is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Australia 200 Index continues in its current trajectory, […]
FTSE China A50 Index experienced 5 consecutive daily bullish candles
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptionally large amount of consecutive bullish candles on FTSE China A50 Index. The movement has happened over the last 8 days. For those trend followers among you, you may think about riding this possible trend.
Important price line breached by Australia 200 Index
Australia 200 Index has broken through 7151.3901 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, Australia 200 Index may be heading towards 7134.5898 within the next 5 hours.
Possible start of a bullish trend on Australia 200 Index
Australia 200 Index has broken through a line of 7136.3901. If this breakout holds true, we could see the price of Australia 200 Index heading towards 7198.7402 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the […]
Support line breached by Hong Kong 50 Index
Hong Kong 50 Index has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 20491.8141 may materialize within the next 12 […]
Either a rebound or a breakout imminent on Australia 200 Index
Australia 200 Index is heading towards a line of 7039.7500. If this movement continues, the price of Australia 200 Index could test 7039.7500 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
FTSE China A50 Index – psychological price line breached
FTSE China A50 Index has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 23 days and suggests a possible target level to be around 13443.4414 within […]
Australia 200 Index broke through important 7067.7500 price line
Australia 200 Index has broken through a resistance line. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 7144.4800 within the next 14 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
FTSE China A50 Index – getting close to psychological price line
FTSE China A50 Index is moving towards a resistance 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 22 days and may test it again […]
Huge bearish move on Australia 200 Index
Australia 200 Index has moved lower by 1.92% from 7087.58 to 6951.58 in the last 6 hours.