• ChinaA50 reversed from support area
• Likely to rise to resistance level 17500.00
ChinaA50 index previously reversed up from the support area lying between the strong support level 16715.00 (which has been reversing the price from December), lower daily Bollinger Band and 200-day moving average.
The upward reversal from this support area stared the active short-term impulse wave (iii).
ChinaA50 index is likely to rise toward the next resistance level 17500.00 (top of the previous minor impulse wave (i) from April).
- 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
