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Nasdaq-100 reversed from support zone Likely to rise to resistance level 20340.00 Nasdaq-100 index today reversed up from the support zone located between the pivotal support level 19680.00 (former top of wave b from the start of September) intersecting with the 20-day moving average. The upward reversal from this support zone stopped the previous short-term […]

The post Nasdaq-100 Wave Analysis appeared first on Action Forex.

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02/09/2024

Dollar Index Outlook: Bulls Lose Traction But Hold grip, as Markets Await US Labor Data

The dollar index eases from new two-week high on Monday, after strong three-day recovery rally showed initial signs of fatigue. Repeated rejection at 101.72 barrier (50% retracement of 103.06/100.38 bear-leg / 4-hr cloud top) and overbought stochastic contributed to a partial profit-taking, though dips were so far shallow and suggesting that bulls still hold grip. […]
17/01/2024

Any Speculation on Time of BoE Rate Cuts Very Premature

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26/08/2024

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