Asxshort
ASX approaching support, potential bounce! ASX is approaching our first support at 5520 (61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension, 50% fibonacci retracement, Horizontal overlap resistance).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
ASX approaching support, potential bounce!ASX is approaching our first support at 5546 (61.8% fibonacci extension , 50% fibonacci retracement , Horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension , 50% fibonacci retracement , Horizontal overlap resistance).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
ASX approaching support, potential bounceASX is approaching our first support level at 5550 (61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 5960 (61.8% Fibonacci extension, 50% Fibonacci retracement, Horizontal overlap resistance).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
ASX approaching support, potential bounce! ASX is approaching our first support at 5546 (61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension, 50% fibonacci retracement, Horizontal overlap resistance).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
Hang Seng Index approaching resistance, potential drop! Hang Seng Index is approaching our first resistance at 28029.9 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement where a strong drop might occur below this level pushing price down to our major support at 24437.6 (horizontal swing low support, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price below this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching support, potential bounce!ASX is approaching our first support at 5586 (Horizontal overlap support 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 5908 (horizontal swing high resistance, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching support, potential bounce! ASX is approaching our first support at 5590 (100%, 61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) and a strong drop might occur below this level pushing price up to our major resistance at 5949 (100% Fibonacci extension, 61.8% Fibonacci retracemen, Horizontal overlap resistance).
Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
ASX approaching support, potential bounce! ASX is approaching our first support at 5560 (61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal overlap resistance).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching support, potential bounce! ASX is approaching our first support at 5586 (horizontal overlap support, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 5908 (horizontal swing high resistance, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
ASX approaching support, potential bounce! ASX is approaching our first support at 5586.0 (Horizontal overlap support, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 5908.9 (horizontal swing high resistance, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
ASX approaching resistance, potential drop!ASX is approaching our first resistance at 6017.5 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension , 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 5691.4 (100% Fibonacci extension , 76.4% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
ASX approaching resistance, potential drop!ASX is approaching our first resistance at 6017.5 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension , 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 5691.4 (100% Fibonacci extension , 76.4% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
ASX approaching resistance, potential drop! ASX is approaching our first resistance at 6017.5 (horizontal pullback resistance, 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 5691.4 (100% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
ASD - Daily Key Elements Key levels to look out for, please refer to our 4 hour for a strategic view!
ASX approaching support, potential bounce!ASX is approaching our first support at 5625 (horizontal swing low support, 61.8%, 100% Fibonacci extension ) where a strong bounce might occur pushing price up to our major resistance at 5946 (horizontal overlap resistance, 38.2% Fibonacci retracement ).
Stochastic (55,5,3) is also approaching support and seeing a bullish divergence where we might see a corresponding bounce in price.
ASX approaching support, potential bounce! ASX is approaching our first support at 5625 (horizontal swing low support, 100% Fibonacci extension) where a strong bounce might occur pushing price up to our major resistance at 5946 (horizontal overlap resistance, 38.2% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price.
ASX approaching support, potential bounce!ASX is approaching our first support at 5668 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 6102 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching support we might see a corresponding rise in price should it bounce off this level.
ASX - Daily Key Elements Key levels to look out for when analysing ASX, please refer to our 4 hour chart for a strategic view!
ASX approaching support, potential bounce! ASX is approaching our first support at 56686.6 (horizontal swing low support, 100% Fibonacci extension, 38.2% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 6102.8 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (89,5,3) is also approaching support where a bounce off this level might see a corresponding rise in price.
ASX - Daily Key ElementsKey levels to look out for ASX. Please refer to our 4hr chart for a strategic view!
