Technical Analysis For Nickel Today 17-07-2019 12:00:03

In 1 hour chart Nickel price continues to trade at 973.3 and above the (Exponential Moving Average)EMA200 value of 911.468 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 911.468 is proving a tough nut to crack.

Pivot (invalidation): 962.367

Our preference: Long positions above 981.533

Alternative scenario: Below 942.033 look for further downside.

Support Resistance Levels For Nickel Today at 17-07-2019 12:00:03

Pivot: 962.367

Resistance 1: 981.533

Resistance 2: 1001.87

Resistance 3: 1021.03

Support 1: 942.033

Support 2: 922.867

Support 3: 902.533

Yesterday High Low Close For Nickel

Yesterday High: 982.7

Yesterday Low: 943.2

Yesterday Close: 961.2

Today at 17-07-2019 12:00:03 Nickel trading at 973.3 with high of 973.4 and low of 955.6

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