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April 28, 2022Australian_Stocks_enIC Markets

Possible breach of support level by Australia 200 Index

Australia 200 Index is moving towards a support 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, […]

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April 28, 2022Australian_Stocks_enIC Markets

Possible breach of support level by Australia 200 Index

Australia 200 Index is moving towards a support 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, […]

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April 27, 2022Australian_Stocks_enIC Markets

FTSE China A50 Index experienced 5 consecutive 4 hour bullish candles

Whatever your trading style, keep an eye on FTSE China A50 Index after it experienced an exceptionally large amount of consecutive bullishcandles. The movement has happened over the last 20 hours.

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April 27, 2022Australian_Stocks_enIC Markets

FTSE China A50 Index experienced 5 consecutive 4 hour bullish candles

Whatever your trading style, keep an eye on FTSE China A50 Index after it experienced an exceptionally large amount of consecutive bullishcandles. The movement has happened over the last 20 hours.

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April 27, 2022Australian_Stocks_enIC Markets

Hong Kong 50 Index broke through important 19973.8008 price line

Hong Kong 50 Index has broken through a resistance line. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 20213.1797 within the next 6 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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April 26, 2022Australian_Stocks_enIC Markets

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

The movement of Australia 200 Index towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 5 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]

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April 25, 2022Australian_Stocks_enIC Markets

Where is FTSE China A50 Index moving to?

A movement of 2.51% over 4 days on FTSE China A50 Index doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.

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April 24, 2022Australian_Stocks_enIC Markets

Australia 200 Index experienced an exceptionally large movement

No matter your trading style, keep an eye on Australia 200 Index after an exceptional 1.87% move. The movement has happened over the last

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April 24, 2022Australian_Stocks_enIC Markets

Australia 200 Index experienced an exceptionally large movement

No matter your trading style, keep an eye on Australia 200 Index after an exceptional 1.87% move. The movement has happened over the last

Read more
April 21, 2022Australian_Stocks_enIC Markets

What’s going on with Australia 200 Index?

Those of you that are trend followers are probably eagerly watching Australia 200 Index to see if its latest 1.2% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 7 hours move.

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