Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: ASX200 recovers after making a low of 5194, good to buy at dips

Major resistance - 5300 Major Support - 5135 (200 day MA)| ASX200 pares early losses today morning after making a low of 5194. It is currently trading at 5252. Short term trend is slightly bearish as long as resistance 5…

By FxWire Pro
1 min read
FxWirePro: ASX200 recovers after making a low of 5194, good to buy at dips
Image from the original EconoTimes article

Read the original article

  • Major resistance - 5300
     
  • Major Support - 5135 (200 day MA)|
     
  • ASX200 pares early losses today morning after making a low of 5194. It is currently trading at 5252.
     
  • Short term trend is slightly bearish as long as resistance 5380 holds.
     
  • On the higher side any break above 5300 will take the index to 5330/5380/5420.
     
  • The major intraday  support is around 5225 and any break below major support targets 5200/ 5165/5140.

 It is good to buy at dips around  5225 SL around  5180 for the TP of 5300/5375.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team