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June 26, 2022Australian_Stocks_enIC Markets

Huge bullish move on Australia 200 Index

Australia 200 Index has moved higher by 2.72% from 6,487.27 to 6,671.71 in the last 2 days.

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June 26, 2022Australian_Stocks_enIC Markets

Huge bullish move on Australia 200 Index

Australia 200 Index has moved higher by 2.72% from 6,487.27 to 6,671.71 in the last 2 days.

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June 24, 2022Australian_Stocks_enIC Markets

Possible breach of resistance level by FTSE China A50 Index

FTSE China A50 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 FTSE China A50 Index continues in its […]

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June 23, 2022Australian_Stocks_enIC Markets

Australia 200 Index has broken through support

Australia 200 Index has broken through a support line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 6412.4414 within the next 22 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]

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June 23, 2022Australian_Stocks_enIC Markets

Australia 200 Index has broken through support

Australia 200 Index has broken through a support line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 6412.4414 within the next 22 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the […]

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June 22, 2022Australian_Stocks_enIC Markets

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

FTSE China A50 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of FTSE China A50 Index could test 14620.2311 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]

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June 22, 2022Australian_Stocks_enIC Markets

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

FTSE China A50 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of FTSE China A50 Index could test 14620.2311 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]

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June 22, 2022Australian_Stocks_enIC Markets

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

The breakout of Hong Kong 50 Index through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we may see the price of Hong Kong 50 Index testing 21023.2585 within the next 17 hours.

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June 21, 2022Australian_Stocks_enIC Markets

Hong Kong 50 Index – psychological price line breached

Hong Kong 50 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 6 days and suggests a possible target level to be around 21722.6992 within […]

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June 20, 2022Australian_Stocks_enIC Markets

Australia 200 Index approaching support of a Falling Wedge

Australia 200 Index is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.

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