• AUS200 index reversed from round resistance level 1000.00
• Likely to fall to support level 910.00
AUS200 index recently reversed down with the daily Bearish Engulfing from the major resistance 7645.00 (earlier multi-month high from August) – which started the active wave (ii).
The resistance zone near resistance 7645.00 was strengthened by the upper daily Bollinger Band.
AUS200 index can be expected to fall further toward the next support level 7252.33 (low of the previous correction 2 from the middle of last month).
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies