Technical Analysis For Nickel Today 22-07-2019 16:00:03

In 1 hour chart Nickel price continues to trade at 1002.3 and above the (Exponential Moving Average)EMA200 value of 949.124 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 949.124 is proving a tough nut to crack.

Pivot (invalidation): 1015.97

Our preference: Long positions above 1039.03

Alternative scenario: Below 988.933 look for further downside.

Support Resistance Levels For Nickel Today at 22-07-2019 16:00:03

Pivot: 1015.97

Resistance 1: 1039.03

Resistance 2: 1066.07

Resistance 3: 1089.13

Support 1: 988.933

Support 2: 965.867

Support 3: 938.833

Yesterday High Low Close For Nickel

Yesterday High: 1043

Yesterday Low: 992.9

Yesterday Close: 1012

Today at 22-07-2019 16:00:03 Nickel trading at 1002.3 with high of 1012 and low of 991.1

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