Nickel Trend Today Technical Analysis for 13-02-2020 10:00:03


In 1 hour chart Nickel price continues to trade at 950.5 and below the (Exponential Moving Average)EMA200 value of 962.232 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Nickel continues to trade below level, that could be an extraordinarily Bearish sign for Nickel

Even so, the 200-candle Exponential moving average (EMA) price range of 962.232 is proving a tough nut to crack.

Pivot (invalidation): 951.533

Our preference: Long positions above 960.667

Alternative scenario: Below 946.367 look for further downside.

Support Resistance Levels For Nickel Today at 13-02-2020 10:00:03

Pivot: 951.533

Resistance 1: 960.667

Resistance 2: 965.833

Resistance 3: 974.967

Support 1: 946.367

Support 2: 937.233

Support 3: 932.067

Yesterday High Low Close For Nickel

Yesterday High: 956.7

Yesterday Low: 942.4

Yesterday Close: 955.5

Today at 13-02-2020 10:00:03 Nickel trading at 950.5 with high of 953 and low of 950.1

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