Technical Analysis For Nickel Today 17-07-2019 16:00:04


In 1 hour chart Nickel price continues to trade at 978.2 and above the (Exponential Moving Average)EMA200 value of 914.039 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy 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 914.039 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 16:00:04

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 16:00:04 Nickel trading at 978.2 with high of 980.5 and low of 955.6

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.