Close Menu
SimpleFX BlogSimpleFX Blog
    Facebook X (Twitter) Instagram
    Tuesday, May 13
    Facebook X (Twitter) LinkedIn Telegram YouTube
    SimpleFX BlogSimpleFX Blog
    Banner
    • Home
    • News
    • Tutorials
    • Updates
    • Opinion
    • Trading Academy
    • Trading Schedule
    SimpleFX BlogSimpleFX Blog
    Home » SimpleFX DJI30 Chart Analysis: October 11, 2019
    Analysis

    SimpleFX DJI30 Chart Analysis: October 11, 2019

    Zach WrightBy Zach WrightOctober 11, 2019Updated:October 11, 2019No Comments1 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    We see that the price moves within the yellow ascending and green descending channels. Not so long ago there was a rebound from the upper green bound, after which the market pushed off from the lower yellow wall. It is not yet clear which channel has a stronger impact on price behavior. If the price movement is affected by the yellow channel, in the near future we will see the market growth in the direction of the upper green bound, then the bulls will break through the resistance level of 27323, after which the price will open the way to the level of 27859, which is on the upper yellow bound. However, if it is a green channel, we can see a decline to the level of 25913 and its breakdown. In this case, the market will continue to move to the lower green wall and the support level of 24936.
    stocks
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Previous ArticleSimpleFX  XAGUSD Chart Analysis: October 10, 2019
    Next Article SimpleFX  DAX30 Chart Analysis: October 11, 2019
    Zach Wright

    Related Posts

    Strategic Bitcoin Reserve. It’s happening

    March 7, 2025

    Market falls, Trump, U.S. foreign policy – what’s going on?

    March 5, 2025

    BTC: Bearish signal not seen in a year

    February 7, 2025
    Leave Us a Review
    Review us on
    App Store
    Google Play
    Copyright © 2014 - 2025. 8Tech SVG Ltd (formerly SimpleFX Ltd)
    • SimpleFX WebTrader
    • Unilink Affiliate Tracker

    Type above and press Enter to search. Press Esc to cancel.