• HK50 broke round resistance level 27000.00
• Likely to rise to 28000.00
HK50 index recently broke through the round resistance level 27000.00 (which stopped the previous sharp upward impulse wave 3 in November).
The breakout of the resistance level 27000.00 accelerated the active short-term impulse 5 – which then broke the weekly up channel from May.
HK50 is expected to rise further in the active impulse waves 5 and (C) toward the next resistance level 28000.00 (former monthly high from February of 2020).
US CPI data a bit softer than forecasts, sparking brief market optimism, but resistance remains.…
Middle East tensions and Venezuelan supply shifts drive Brent crude volatility, with geopolitical risks and…
Crypto market edges up as risk appetite returns; Bitcoin and Ethereum recover, despite investor caution…
The dollar resumed its growth after the lawsuit against the Fed chairman. Rumours of early…
Today is Tuesday, the 13th of January, and we will talk about the natural gas…
Bitcoin Cash: ⬇️ Sell - Bitcoin Cash reversed from resistance area - Likely to fall…
This website uses cookies