Potential outside week and bullish potential for NABEntry conditions:
(i) higher share price for ASX:NAB above the level of the potential outside week noted on 5th February (i.e.: above the level of $44.10).
Stop loss for the trade would be:
(i) below the low of the outside week on 5th February (i.e.: below $44.26), should the trade activate.
Asx200
Bullish potential detected for APE (FOLLOWING EARNINGS)Entry conditions:
(i) higher share price for ASX:APE along with swing of DMI indicator towards bullishness and RSI upwards, and
(ii) observing market reaction around the share price of $26.69 (former major resistance and near the VWAP) following earnings release on Thursday 19th February.
Depending on risk tolerance, the stop loss for the trade would be (following activation of the trade):
(i) below the rising 200 day MA (currently $24.17), or
(ii) below the prior major swing low of 18th December ($23.31).
Australian Stock Index ASX 200 Reaches Record HighAustralian Stock Index ASX 200 Reaches Record High
As the chart of the ASX 200 index shows, today’s candle has moved above the 9,210 level, marking a fresh all-time high. Since the start of the year, the benchmark of Australian equities has gained more than 5.6%, supported by:
→ A strong earnings season. A significant number of companies not only exceeded analysts’ expectations but also upgraded their profit forecasts for the 2026 financial year.
→ Economic resilience. The unemployment rate remains low despite the Reserve Bank of Australia maintaining a firm policy stance.
→ Elevated prices for gold, uranium and copper, along with signs of a recovery in China’s economy, which have provided support to the mining sector.
Technical Analysis of the ASX 200 Chart
Price action continues to unfold within an ascending channel (highlighted in blue) that has been in place since autumn 2025. Within this structure:
→ The median line acted as support on 24 February, signalling underlying strength.
→ The upper boundary has repeatedly served as resistance during 2026.
It is worth noting that:
→ The psychological 9,100 level had previously capped gains within the channel.
→ The index has now climbed above 9,200 near the upper boundary of the blue channel.
→ The RSI indicator is approaching overbought territory.
Given these factors, it is reasonable to assume that some long-position holders may look to take profits, potentially leading to a pause in bullish momentum. As a result, the following scenario cannot be ruled out:
→ Failure to secure a sustained move above 9,200;
→ The development of a corrective pullback in the ASX 200 (Australia 200 on FXOpen).
In such a case, support may emerge near the lower orange trend line, which reflects the upward trajectory seen during the second half of the month.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Indices at record highs: Will the rally continue or is a pullbacIn recent weeks, stock markets have continued to set new records: #ASX200, #ESTX50, #FTSE100 and #NIKKEI225 are holding at or near historic highs. The rally is supported by several factors at once: strong corporate earnings, positive profit expectations, steady demand for major blue-chip companies, and hopes that financial conditions may gradually become less restrictive. Each market also has its own drivers: Europe is supported by banks and industrial stocks, the UK by commodity and global companies, and Japan by foreign capital inflows and strong technology stories.
Indices at record highs — Key reasons and growth drivers:
#ASX200: The index has surpassed 9,140. Growth is driven by strong corporate reports and demand for large, “reliable” stocks. Positive sentiment around technology and AI is also providing additional support.
#ESTX50: The index has exceeded 6,150. Support comes from solid news from major companies, as well as demand for banks and industrial stocks, which investors consider relatively resilient.
#FTSE100: The index has risen above 10,780. Gains are fueled by commodity and defensive companies within the index: when raw material prices are high and earnings reports are stable, FTSE tends to move higher. Additionally, the market anticipates more accommodative rate conditions in the UK.
#NIKKEI225: The index has climbed above 59,430. The upward movement is supported by rising corporate profits, foreign buying activity, and strong technology sectors (chips, AI). A weak or stable yen further benefits exporters.
FreshForex analysts note that further movement in #ASX200, #ESTX50, #FTSE100 and #NIKKEI225 will depend on corporate earnings, interest rate expectations, and overall market sentiment. Since the indices are already at elevated levels, any unexpected news on inflation, monetary policy, or geopolitics could quickly increase volatility. Therefore, maintaining proper risk management and closely monitoring key news and macroeconomic data remains essential.
Australia 200: Uptrend Pressing Into Prior Supply Near 9,119The ASX 200 has worked its way back into the 9,100–9,119 area, which stands out as a prior swing-high / horizontal resistance. The latest candles show momentum holding up into that zone, but the market is also starting to print smaller bodies near the ceiling, which often reflects supply absorption or early hesitation when a level is being tested repeatedly.
From a structure perspective, the rally off the December low has maintained a sequence of higher highs and higher lows, and the drawn rising trendline continues to act as a clean “higher-low guide.” As long as price respects that trendline, the broader bias remains constructively bullish, even if short-term volatility increases near resistance.
On the trend side, the moving averages are supportive:
SMA(50) ~ 8,835 is rising and sits well below price, acting as a dynamic support area on pullbacks.
SMA(200) ~ 8,660 remains underneath both price and the 50, reinforcing a positive longer-term trend backdrop.
Momentum indicators also lean constructive:
RSI (14) ~ 62.6 is holding above the midline (50), suggesting buyers still have control, without being extreme.
MACD is above the zero line and appears to be grinding higher, consistent with trend continuation behavior rather than a fading move.
Key areas to keep mapped:
9,119 as the immediate decision point (break-and-hold vs. rejection behavior).
9,000 as a psychological round level that may act as a first reaction zone if price pulls back.
The confluence region around 8,835 (SMA50) and the rising trendline as a deeper “trend integrity” area.
Overall, the chart reads bullish with resistance overhead—a context where follow-through strength above the range would be notable, while rejection from 9,119 would keep this as a rotation zone rather than a clean continuation.
-MW
Potential outside week and bullish potential for MQGEntry conditions:
(i) higher share price for ASX:MQG above the level of the potential outside week noted on 9th January (i.e.: above the level of $210.69).
Stop loss for the trade would be:
(i) below the low of the outside week on 5th January (i.e.: below $201.97), should the trade activate.
Bearish potential detected for AGLEntry conditions:
(i) lower share price for ASX:AGL along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $9.00 (open of 28th November).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the declining 200 day MA (currently $9.55), or
(ii) above the recent swing high of $9.63 from 3rd December.
Potential outside week and bullish potential for MYREntry conditions:
(i) higher share price for ASX:MYR above the level of the potential outside week noted on 19th December (i.e.: above the level of $0.475).
Stop loss for the trade would be:
(i) below the low of the outside week on 18th December (i.e.: below $0.44), should the trade activate.
ASX200 to find support at market price?AU200AUD - 24H expiry
There is no clear indication that the upward move is coming to an end.
Offers ample risk/reward to buy at the market.
The lack of interest is a concern for bears.
Our short term bias remains positive.
20 1hour EMA is at 8848.
We look to Buy at 8851 (stop at 8811)
Our profit targets will be 8971 and 8991
Resistance: 8869 / 8900 / 8950
Support: 8830 / 8777 / 8740
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX and Consumer Stock Rebounce Could Help Coles (COL:ASX)For some time, I have been waiting for Coles to show signs of bullish life. The recent rebound in the ASX 200 and consumer sectors may now be providing a strong enough signal for bulls to reassess its potential.
Matt Simpson, Market Analyst at City Index.
ASX Bulls Eye 8800ASX futures were higher for a third consecutive session by Thursday’s US close. The daily RSI is curling higher from the 50 level, signalling positive momentum without nearing overbought territory and confirming the near-term bullish structure.
Support has also been found above the monthly pivot point, along with the 20-day and 50-day EMAs. Volumes remain subdued, though this is likely a seasonal effect.
The bias is for a move towards 8,800 — near the December high, monthly R1 pivot and November VPOC — while prices hold above the recent daily swing low.
Matt Simpson, Market Analyst at City Index.
Its all a load of hot air anywaysLooking on the daily chart we can spot what looks like a set up for an upcoming Golden Cross. Looks like price is moving to the upside and has been staying steady above the 50ema for some time. Looking for a good entry level using the 2 hour chart over the next few days. You would be a fool to believe this is financial advise, because this is far from it.
Potential outside week and bearish potential for CWYEntry conditions:
(i) lower share price for ASX:CWY below the level of the potential outside week noted on 19th December (i.e.: below the level of $2.55), and
(ii) observing the market reaction around prior support of $2.50.
Stop loss for the trade would be:
(i) above the high of the outside week on 17th December (i.e.: above $2.69), should the trade activate.
Potential outside week and bullish potential for JHXEntry conditions:
(i) higher share price for ASX:JHX above the level of the potential outside week noted on 11th December (i.e.: above the level of $30.65).
Stop loss for the trade would be:
(i) below the low of the outside week on 10th December (i.e.: below $28.21), should the trade activate.
ASX200 to see extended gains?ASX200 - 24H expiry
Price action looks to be forming a bottom.
A break of the recent high at 8722 should result in a further move higher.
We look for gains to be extended today. Our outlook is bullish.
The primary trend remains bullish.
We look to Buy a break of 8723 (stop at 8649)
Our profit targets will be 8883 and 8913
Resistance: 8722 / 8750 / 8800
Support: 8655 / 8610 / 8543
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Potential outside week and bearish potential for SDFEntry conditions:
(i) lower share price for ASX:SDF below the level of the potential outside week noted on 19th November (i.e.: below the level of $5.08).
Stop loss for the trade would be:
(i) above the high of the outside week on 17th November (i.e.: above $5.50), should the trade activate.
Bearish potential detected for BXBEntry conditions:
(i) lower share price for ASX:BXB along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $22.66/22.69 (low of 11th December / yearly VWAP zone).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the recent swing high of 9th December ($23.16), or
(ii) above the declining 50 day MA or quarterly VWAP (currently $24.06 and $24.08).
Stocking up on longs as Christmas cheer kicks inHaving failed to clear resistance layered above 8,726 last week, our ASX 200 contract has retraced back towards support at 8,575 and bounced, generating a setup where traders can look to play what is typically a strong seasonal period for Australian equities without leaving too much risk on the table.
Longs could be set above 8,575 with a stop below, targeting a bullish reversal back towards resistance at 8,726. While the oscillators are providing mildly bearish signals, with RSI (14) pushing lower away from the neutral level and MACD rolling over towards the signal line while remaining in negative territory, the message is overridden given we’re approaching the roll in futures and the likelihood of far lower volumes heading into Christmas.
Essentially, this trade is underpinned by the Santa rally playing out as institutional traders pack up for the year, providing a window for retail to dominate proceedings.
Good luck!
DS
ASX200 to continue in the downward move?AU200AUD - 24h expiry
8649 has been pivotal.
20 1day EMA is at 8657.
Daily signals are bullish.
Our short term bias remains negative.
Price action continued to range between key support & resistance (8560 - 8640) although we expect a break of this range soon.
We look to Sell at 8643 (stop at 8711)
Our profit targets will be 8443 and 8403
Resistance: 8620 / 8649 / 8700
Support: 8556 / 8500 / 8410
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX200 to find buyers at previous support?AU200AUD - 24h expiry
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Short term oscillators have turned positive.
Previous support located at 8570.
50 4hour EMA is at 8572.
Dip buying offers good risk/reward.
We look to Buy at 8571 (stop at 8499)
Our profit targets will be 8771 and 8791
Resistance: 8653 / 8700 / 8750
Support: 8574 / 8500 / 8447
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Potential outside week and bullish potential for TLSEntry conditions:
(i) higher share price for ASX:TLS above the level of the potential outside week noted on 7th November (i.e.: above the level of $5.02).
Stop loss for the trade would be:
(i) below the low of the outside week on 3rd November (i.e.: below $4.81), should the trade activate.
AU200 to find buyers at 61.8% pullback?AU200AUD - 24h expiry
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Trading volume is increasing.
We look for a temporary move lower.
We have a 61.8% Fibonacci pullback level of 8362 from 7151 to 9110.
Dip buying offers good risk/reward.
We look to Buy at 8365 (stop at 8265)
Our profit targets will be 8665 and 8715
Resistance: 8519 / 8580 / 8653
Support: 8437 / 8400 / 8362
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bullish potential detected for FBUEntry conditions:
(i) higher share price for ASX:FBU along with swing up of indicators such as DMI/RSI.
Depending on risk tolerance, the stop loss for the trade would be:
(i) below the potential support level of $2.85 (from the open of 3rd November), or
(ii) below the potential support from the 4 hour support line of 13th October ($2.77).






















