Technical Analysis For Nickel Today 15-07-2019 20:00:04
In 1 hour chart Nickel price continues to trade at 936.9 and above the (Exponential Moving Average)EMA200 value of 899.732 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above
However, if Nickel continues to trade above level, that could be an extraordinarily Bullish sign for Nickel
Even so, the 200-candle Exponential moving average (EMA) price range of 899.732 is proving a tough nut to crack.
Pivot (invalidation): 925.767
Our preference: Long positions above 946.133
Alternative scenario: Below 914.633 look for further downside.
Support Resistance Levels For Nickel Today at 15-07-2019 20:00:04
Pivot: 925.767
Resistance 1: 946.133
Resistance 2: 957.267
Resistance 3: 977.633
Support 1: 914.633
Support 2: 894.267
Support 3: 883.133
Yesterday High Low Close For Nickel
Yesterday High: 936.9
Yesterday Low: 905.4
Yesterday Close: 935
Today at 15-07-2019 20:00:04 Nickel trading at 936.9 with high of 939.9 and low of 928.1
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