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 5 days and may test it again […]
Possible start of a bearish trend on Australia 200 Index
Australia 200 Index has broken through a line of 7460.0298. If this breakout holds true, we could see the price of Australia 200 Index heading towards 7425.1001 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the […]
Possible start of a bearish trend on Australia 200 Index
Australia 200 Index has broken through a line of 7460.0298. If this breakout holds true, we could see the price of Australia 200 Index heading towards 7425.1001 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the […]
Should we expect a breakout or a rebound on Hong Kong 50 Index?
The movement of Hong Kong 50 Index towards the support 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 […]
Should we expect a bullish trend on Australia 200 Index?
The breakout of Australia 200 Index through the 7535.3301 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Australia 200 Index could test 7570.0498 within the next 15 hours. One should always be cautious before placing a trade, wait for confirmation of […]
Should we expect a bullish trend on Australia 200 Index?
The breakout of Australia 200 Index through the 7535.3301 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Australia 200 Index could test 7570.0498 within the next 15 hours. One should always be cautious before placing a trade, wait for confirmation of […]
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 13 days and suggests a possible target level to be around 22804.0391 within […]
Australia 200 Index approaching resistance of a Channel Up
Australia 200 Index is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 3 days.
Australia 200 Index approaching resistance of a Channel Up
Australia 200 Index is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 3 days.
Will Australia 200 Index have enough momentum to break resistance?
Australia 200 Index is heading towards the resistance line of a Channel Up and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t […]