FTSE China A50 Index approaching important level of 12157.9199
The movement of FTSE China A50 Index towards 12157.9199 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 […]
FTSE China A50 Index approaching support level
FTSE China A50 Index is about to retest a key horizontal support level near 11924.6797. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
A potential bearish movement on Hong Kong 50 Index
Emerging Falling Wedge pattern in its final wave was identified on the Hong Kong 50 Index 4 hour chart. After a strong bearish run, we find Hong Kong 50 Index heading towards the upper triangle line with a possible resistance at 17408.8508. If the support shows to hold, the Falling Wedge pattern suggests a rebound […]
Support breakout 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 17 days. This breakout shows a potential move to 17548.2793 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.
Big movement possible on FTSE China A50 Index
FTSE China A50 Index is once again retesting a key horizontal resistance level at 12208.0898. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Either a rebound or a breakout imminent on Australia 200 Index
Australia 200 Index is moving towards a resistance line. Because we have seen it retrace from this line before, 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 9 days and may test it again within the next […]
Huge bullish move on FTSE China A50 Index
FTSE China A50 Index hits 12189.73 after a 1.76% move spanning 2 days.
A potential bullish movement on Australia 200 Index
Australia 200 Index is moving towards a key resistance level at 7803.7598. Australia 200 Index has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
FTSE China A50 Index – support line breached
FTSE China A50 Index has broken through a support line. It has touched this line at least twice in the last 13 days. This breakout may indicate a potential move to 11924.3924 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]
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 8 days and suggests a possible target level to be around 7681.2461 within the […]