• HK50 reversed from pivotal resistance level 29325.00
• Likely to fall to support level 28380.00
HK50 index recently reversed down from the pivotal resistance level 29325.00 (which stopped the previous impulse waves (c) and 1).
The resistance zone near the resistance level 29325.00 was strengthened by the upper daily Bollinger Band and by the 50% Fibonacci correction of the ABC wave (4) from February.
HK50 index is likely to correct down further toward the next support level 28380.00 (which has been reversing the price from the start of April).
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
This website uses cookies
