analysis
AUD USD
binary option
buy sell
Canadian Dollar
candlestick
charts
day trade
day trading
down trend
ElliottWave
Elliott Wave Theory
EUR
Euro
EUR USD
fibonacci
forecast
Forex
futures
how to trade
Japanese Yen
learn to trade
macd
make money trading
moving average
profitable trading
profits
resistance
spread betting
stochastic
stop loss
support
Technical Analysis
technical commentary
Technicals
technical trading
trade idea
trade signals
trading advice
trading education
trend line
up trend
USD
US dollar
volume
Friday 18 Sep 2020
FWP Network > Forexhound.com > Analysis > Commodities Analysis > Metals > Technical forecast for Nickel
Technical forecast for Nickel
Metals · analysis, binary option, buy sell, candlestick, charts, day trade, day trading, down trend, fibonacci, forecast
Nickel only dipped to 14750 before turning higher & made it all the way to 15099. A push higher today runs in to tough resistance at 15222/260 which could cap a bounce this week. However shorts here need stops above 15300 for 15390 then 15510/560.
Failure to beat 15100 sees us back at 15039/000. Any longs here need stops below 14920 for 14800/750. A break below here risks a retest of May lows at 14609. Longs would then need stops below 14600 to target 14120 in the days ahead.