#spi200

New Post has been published on https://worldwide-finance.net/analysis/spi200-double-top

SPI200 Double Top

Daily Forex Technicals |

Written by Vantage FX |

Feb 21 17 02:41 GMT

With the US stock market (SP500 on the Vantage FX MT4 platform) making ANOTHER new high overnight, we turn our attention to an early week look at Indices markets.

Now, we had previously highlighted the following SPI200 range on the blog. Of course if you open up the chart now and take a look how that coiling triangle pattern broke out, it went straight to the top of the range, and immediately onto test higher resistance from there:

SPI200 Daily:

Daily resistance that you can see has held for now, printing a pretty obvious double top in the process.

I’ll let you zoom out a little further yourself to see the previous price action at this level back in 2015, but price is most definitely also pushing into a larger zone of interest in any case.

SPI200 Hourly:

Taking another couple of steps down to the hourly, I’ve drawn a lower time frame level that we can possibly use to manage our risk around for tight risk:reward IF the higher time frame double top does in fact hold.

New Post has been published on https://worldwide-finance.net/analysis/spi200-double-top

SPI200 Double Top

Daily Forex Technicals |

Written by Vantage FX |

Feb 21 17 02:41 GMT

With the US stock market (SP500 on the Vantage FX MT4 platform) making ANOTHER new high overnight, we turn our attention to an early week look at Indices markets.

Now, we had previously highlighted the following SPI200 range on the blog. Of course if you open up the chart now and take a look how that coiling triangle pattern broke out, it went straight to the top of the range, and immediately onto test higher resistance from there:

SPI200 Daily:

Daily resistance that you can see has held for now, printing a pretty obvious double top in the process.

I’ll let you zoom out a little further yourself to see the previous price action at this level back in 2015, but price is most definitely also pushing into a larger zone of interest in any case.

SPI200 Hourly:

Taking another couple of steps down to the hourly, I’ve drawn a lower time frame level that we can possibly use to manage our risk around for tight risk:reward IF the higher time frame double top does in fact hold.

New Post has been published on https://worldwide-finance.net/analysis/spi200-range-bound

SPI200 Range-Bound

Daily Forex Technicals |

Written by Vantage FX |

Feb 03 17 03:02 GMT

Throughout the month of January, the Australian SPI200 has been trapped in an hourly range. Inside this range, price has more recently been coiling into a triangle almost at the dead centre.

SPI200 Hourly:

Something has to give. Is it going to be the the bulls or the bears that take control here?

New Post has been published on https://worldwide-finance.net/analysis/spi200-range-bound

SPI200 Range-Bound

Daily Forex Technicals |

Written by Vantage FX |

Feb 03 17 03:02 GMT

Throughout the month of January, the Australian SPI200 has been trapped in an hourly range. Inside this range, price has more recently been coiling into a triangle almost at the dead centre.

SPI200 Hourly:

Something has to give. Is it going to be the the bulls or the bears that take control here?

ASX – 04.07.2016.

Lets start with the Aussie this morning and its aborted move to 96 cents after the reversal on the back of the weaker than expected Australian Employment data. the #Australian #Dollar was the big loser dropping from a high of 0.9353 just before the Employment data (-10,800 versus +10,000 expected) to… FF News: Fundamental Analysis