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February 22, 2022Australian_Stocks_enIC Markets

Possible start of a bearish trend on FTSE China A50 Index

FTSE China A50 Index has broken through a line of 14852.0703. If this breakout holds true, we could see the price of FTSE China A50 Index heading towards 14582.1914 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 […]

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February 21, 2022Australian_Stocks_enIC Markets

Australia 200 Index approaching resistance of a Flag

Australia 200 Index is approaching the resistance line of a Flag. 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 2 days.

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February 21, 2022Australian_Stocks_enIC Markets

Australia 200 Index approaching resistance of a Flag

Australia 200 Index is approaching the resistance line of a Flag. 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 2 days.

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February 21, 2022Australian_Stocks_enIC Markets

Breach of important price line imminent by FTSE China A50 Index

FTSE China A50 Index is moving towards a line of 14852.0703 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If FTSE China A50 Index […]

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February 20, 2022Australian_Stocks_enIC Markets

Important price line breached by Australia 200 Index

Australia 200 Index has broken through 7180.8901 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 7105.8452 within the next 2 days.

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February 20, 2022Australian_Stocks_enIC Markets

Important price line breached by Australia 200 Index

Australia 200 Index has broken through 7180.8901 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 7105.8452 within the next 2 days.

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February 18, 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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February 17, 2022Australian_Stocks_enIC Markets

Australia 200 Index – psychological price line breached

Australia 200 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 9 days and suggests a possible target level to be around 7170.1328 within the […]

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February 17, 2022Australian_Stocks_enIC Markets

Australia 200 Index – psychological price line breached

Australia 200 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 9 days and suggests a possible target level to be around 7170.1328 within the […]

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February 16, 2022Australian_Stocks_enIC Markets

Either a rebound or a breakout imminent on Hong Kong 50 Index

Hong Kong 50 Index is heading towards the resistance line of a Triangle. If this movement continues, the price of Hong Kong 50 Index could test 25044.2000 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 it […]

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