The breakout of JPN225 through the 36085.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, JPN225 could test 36412.0000 within the next 9 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
Supports and resistances are primary concepts of technical analysis. Nikkei 225 is heading for an important price of 37699.0000 – read about what this could mean for the future.
Nikkei 225 is moving towards a key resistance level at 37699.0000. This is a previously tested level for…
An unexpected large move has occurred on FTSE 100 Daily chart! Is this a sign of something new? What can we expect?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
NAS 100 formed a Channel Up on the 4 hour chart. Retest of resistance in sight.
An emerging Channel Up has been detected on NAS 100 on the 4 hour chart. There is a…