Expert Comment

Daily Technical Outlook – Asian Index Futures

Daily Technical Outlook - Asian Index Futures

Nikkei Futures is expected to move in the bearish channel, but still has a potential rebound. Nikkei Futures had test the 9975 low in the electronic session and closed at 10 025. Rebound potential of the Nikkei will test the resistance level of 10070/90 and if unable to exceed this then the Nikkei could go [...]

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Daily Technical Outlook – Asian Index Futures

Daily Technical Outlook - Asian Index Futures

Hang Seng Index futures is expected to open a gap over the area of ​​21 450 and will move in sideways within a range 21270-21574. Sideways movement is possible because the Stochastic and RSI indicators are deadcross but will return bullish for the gap. KOSPI Index futures is expected to open gap above the 273.20 [...]

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Daily Outlook – Asian Index Futures

Daily Outlook - Asian Index Futures

Nikkei index futures had consolidate or sideways at the 23% Fibonacci retracement levels on the electronic trading session. Analysis of the KOSPI index futures expected to open Gap up in the area 9880-9900 and then make a correction or retracement. Nikkei index futures correction yesterday has reached 23% Fibonacci level drawn from the 9415 lows [...]

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Daily Technical Analysis – Asian Stock Index

Daily Technical Analysis - Asian Stock Index

Nikkei Futures Nikkei futures likely to continue its rising intraday trend, especially if the index futures may penetrate the first resistance at 9025. If this bullish scenario actually happens then 9100 and 9250 will be the initial target. But one thing to be observed is sideways pattern that occurred a few days is likely to [...]

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