Australia 200 Index approaching support level
Australia 200 Index is heading towards a line of 7960.1001. If this movement continues, the price of Australia 200 Index could test 7960.1001 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.
Will Hong Kong 50 Index have enough momentum to break support?
Hong Kong 50 Index was identified at around 16989.31 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the […]
A potential bullish movement on Hong Kong 50 Index
Hong Kong 50 Index is moving towards a key resistance level at 17429.0195. Hong Kong 50 Index has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
Where is FTSE China A50 Index moving to?
An unexpected large move has occurred on FTSE China A50 Index 1 hour chart beginning at 11750.8 and ending at 11829.2. Is this a sign of something new? What can we expect in the future?
Should we expect a bearish trend on FTSE China A50 Index?
FTSE China A50 Index has broken through a support 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 29 days and suggests a possible target level to be around 11738.4082 within […]
Will Hong Kong 50 Index have enough momentum to break resistance?
Hong Kong 50 Index is heading towards the resistance line of a Channel Down. If this movement continues, the price of Hong Kong 50 Index could test 17195.6192 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
Big movement possible on Hong Kong 50 Index
Hong Kong 50 Index has broken through a support line. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 16916.8711 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
FTSE China A50 Index broke through important 12123.0498 price line
The breakout of FTSE China A50 Index through the 12123.0498 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, FTSE China A50 Index could test 12040.2188 within the next 2 days. One should always be cautious before placing a trade, wait for […]
Breach of important price line imminent by FTSE China A50 Index
The movement of FTSE China A50 Index towards 11965.6797 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 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
Australia 200 Index experienced an exceptionally large movement
Australia 200 Index has experienced an exceptionally large movement lower by 0.84% from 7968.7 to 7901.7 in the last 15 hours.