Hang Seng Index Technical: End of Minor Corrective Decline, Start of New Bullish Impulsive Up Move - Action Forex
2 Articles
2 Articles
Hang Seng Index Pulls Back from 2025 High
Yesterday, the Hong Kong Hang Seng Index (Hong Kong 50 on FXOpen) climbed above 25,745 points, setting a new 2025 high — and marking its highest level since autumn 2021.August’s bullish sentiment was fuelled by the following drivers: → China and the US agreed to continue tariff negotiations in mutual trade through to November. → Citi analysts noted that the implementation of additional demand-stimulus measures in China is progressing as planned.…
Hang Seng Index Technical: End of Minor Corrective Decline, Start of New Bullish Impulsive Up Move - Action Forex
Since the recent one-week slide of -5.8% seen on the Hong Kong 33 CFD Index (a proxy of the Hang Seng Index futures) from 24 July 2025 high to 1 August 2025 low, its price actions have been choppy as markets grappled with US tariffs news flow and the possibility of an imminent US Federal […] The post Hang Seng Index Technical: End of Minor Corrective Decline, Start of New Bullish Impulsive Up Move appeared first on Action Forex.
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