TradersCircle in Melbourne, Victoria, Australia | Education

TradersCircle

Locality: Melbourne, Victoria, Australia

Phone: +61 3 8080 5788

Address: Level 4, 4 Collins St 3000 Melbourne, VIC, Australia

Website: http://www.traderscircle.com.au

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23.01.2022 XJO Eyes 6000 Level Despite Weak Leads From U.S. Today, we have seen the market close 4 points higher. Overall, the market has been in an uptrend, and we are now seeing signs of this trend continuing due to the breaking of a number of key resistance levels (5825 & 5900). We are starting to see our indicators showing overbought signals, leading us to believe the market could be at the top of its range. However, we could also end up seeing the market head towards the 6000 level, which is another key resistance level for the XJO. http://bit.ly/2o4VZO5

22.01.2022 Trump Back in the Spotlight | XJO Continues to Fall Today, the market is about to close 65 points lower, and actually has broken through a key level of support as well as the longer term uptrend line at 5800. From a technical point of view, if we do close below this level we would expect further downwards movement towards the 5680 level...

22.01.2022 Today’s market closed 20 points lower and we can see it appears we are taking a bit of a breather after a strong move yesterday. Our market has been quite whippy of recent, basically staying between resistance at 5830 and support at 5630.... http://bit.ly/2urA44L

03.01.2022 Banks Dragging Market Down | Second Round of French Elections Approach Today, we can see the market has closed down 58 points, and is attempting to hold at the 5900 support level. This level was used as support approximately 3 days ago, and is now in play again. If this level does break, we would expect further bearish movement towards the 5800 level.

03.01.2022 The market closed 9 points higher, as you can see we are coming to the edge of a triangle pattern thanks to a short-term downtrend which has formed that we are now just starting to move against. 5800 is the key level we are looking towards, if it breaks to the upside, resistance becomes 5950...