22.12.2015 - Technical view on stock indexes

The price of the futures on the American stock index S&P500 rebounded from the level of 2000 and continues to grow gradually. In case of the continuation of this positive trend and fixation of quotations above 2030 growth will continue to 2050 and 2080. On the other hand is possible decline to the level 2000, but overcoming it in the near future is unlikely. We keep medium-term positive outlook and expect growth in the near future.

Nearest resistance levels: 2050, 2100, 2120, 2135, 2150, 2200

Nearest support levels: 2020, 2000, 1950, 1910, 1886, 1850, 1780

The price of the futures on the German stock index DAX30 declines in the downward channel and reached 11400. Overcoming this level will be the reason for the further price reduction to 10000 and 9600. The resumption of growth and fixation above 10800, will be the cause for the growth of quotations to 11000 and 11400 in the near future. We keep medium-term positive outlook.

Nearest resistance levels: 10700, 11000, 11200, 11400, 11800, 12000, 12400

Nearest support levels: 10400, 10000, 9600, 9400, 9000, 8500

The price of the futures on the Japanese stock index Nikkei225 moves within a range of 18600-19000. In case of overcoming the lower boundary of the corridor, the decline will continue until 18000 and 17500. It is worth noting an attractive opportunity to open long positions with the first targets at 19700 and 20000, and a relatively short stop below 18600. Our medium-term outlook remains positive.

Nearest resistance levels: 19000, 19400, 19700, 20000, 20400, 20650, 21000, 21500

Nearest support levels: 18600, 18000, 17500, 17000, 16500, 16000, 15200

November 13, 2015 of USD Performance

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