Logo-color Logo-white

NASDAQ 100 reversed from support level 19000.000 Likely to rise to resistance 20000.00 NASDAQ 100 Index recently reversed up from the support level 19000.000 (former resistance from the middle of May, acting as the support after it was broken previously). The upward reversal from the support level 19000.000 continues the active short-term impulse wave 3 […]

The post NASDAQ 100 Wave Analysis appeared first on Action Forex.

previous

AUD/USD: Australian Dollar Rallies 1.35% as US Inflation Eases Below Expectations

next

Fed Review: We Still See Cuts Starting in September

Read More

09/05/2024

UK 100 Index Swings to All-Time High

UK 100 hits record high after the BoE rate decision; up 8% year-to-date Next target at 8,500, but fears of an overbought market might delay rally The UK 100 stock index (cash) has been performing incredibly well over the past four months, staging another exponential rally this week to unlock an all-time high of 8,393 […]
10/09/2024

USDJPY Lacks Direction, Looks to US CPI

USDJPY hovers around 20-period moving average (SMA) Some upside momentum still present Next move will likely depend on US CPI report USDJPY is consolidating around its 20-period SMA after the rebound from the one-month low of 141.76 quickly ran out of steam. The RSI is fluctuating right beneath the 50-neutral mark, but the MACD continues […]
06/02/2024

USD Strengthens Following Strong Employment Data

The US dollar has seen a significant increase in strength against the Euro, with the EUR/USD pair falling to 1.0770 by Monday morning. This movement is largely attributed to the recent release of robust employment sector reports in the US for January, which have shifted investor expectations regarding the Federal Reserve’s interest rate decisions. The […]