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Nvidia selloff didn’t deepen yesterday, on the contrary, the recent end-of-quarter / end-of-the-first-half pullback attracted dip buyers – if you can call it a dip yet – and Nvidia shares ended up jumping by almost 7% in a single session. Yesterday’s jump will certainly help to cool the downside pressure and ease long squeeze worries […]

The post Sentiment Improves Amid Nvidia Recovery, FedEx Earnings appeared first on Action Forex.

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EURJPY Builds Base Slightly Near 40-year High

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12/08/2024

WTI Wave Analysis

WTI reversed from support zone Likely to rise to resistance level 78.00 WTI crude oil recently reversed up from the support zone set between the strong support level 72.40 (which has been reversing the price from February) and the lower daily Bollinger Band. The upward reversal from this support area stopped the c-wave of the […]
08/08/2024

FTSE Bounces From the Blue Box; Full Recovery in Sight?

Hello, traders! Welcome to a new blog post where we discuss how our Blue Box strategy helps ElliottWave-Forecast members identify high-confidence trade opportunities across 78 instruments. In this post, we’ll focus on the FTSE. The $FTSE is an index that tracks the top 100 companies listed on the London Stock Exchange by market capitalization. The […]
05/04/2024

USD/JPY Consolidates Gains, US NFP Report Next

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