03.02.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 has broken through the inclined resistance line and reached the resistance level at 2025. In case of overcoming this mark, quotations may reach the levels of 2070 and 2090. To resume a downward movement, the price must be fixed below 2000. Confirmation of the signal to sell will be fixation lower than 1975. According to our forecasts, the price may continue to grow in the nearest future, but to determine the medium-term outlook, we need additional signals.

Nearest resistance levels: 2070, 2090, 2100, 2150, 2200

Nearest support levels: 2025, 2000, 1975, 1950, 1915, 1900, 1886, 1860, 1820

The price of the futures on the German stock index DAX30 rebounded from the bottom of the rising channel continued to grow, has broken through strong resistance level at 10800 and reached the mark of 11000. In case of correction, quotations may return to the level of 10800 and the bottom of the channel. We forecast the price growth in the nearest future and maintain the medium-term positive outlook.

Nearest resistance levels: 11000, 11200, 11500, 12000

Nearest support levels: 10800, 10600, 10300, 10100, 10000, 9600, 9400, 9190, 9000

The price of the futures on the Japanese stock index Nikkei225 has broken through strong support level at 17550 and continued to decline within the local downtrend channel. According to our estimates, after fixing below 17550, quotations may continue to fall with the first targets at 17200, 17000 and 16550. The growth of is limited by the level of about 17900-18000. Our medium-term outlook remains positive, but in the near future the price fall may continue.

Nearest resistance levels: 17550, 18000, 18600, 19000

Nearest support levels: 17200, 16600, 16400, 16000, 15800, 15450, 15200

December 18, 2014 Japan 225 Live Graph

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.