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Nasdaq-100 index reversed from resistance level 18400.00 Likely to fall to support level 18000.00 Nasdaq-100 index recently reversed down from the key resistance level 18400.00 (strengthened by the upper daily Bollinger Band), which has been reversing the index from the start of March. The downward reversal from the resistance level 18400.00 started the active minor […]

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

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18/04/2024

US, Japan Express Concern Over Japanese Yen

The Japanese yen is almost unchanged on Thursday. In the North American session, USD/JPY is trading at 154.44, up 0.03%. It’s a light data calendar today. US unemployment claims were unchanged at 212,000 and the Philly Fed Manufacturing index surged to 15.5 in April, up from 3.5 in March and crushing the market estimate of […]
25/03/2024

Weekly Economic & Financial Commentary: Sitting, Waiting, Wishing

Summary United States: Residential Tailwind Set to Continue as Monetary Policy Becomes Less Restrictive This week’s economic data indicate that the U.S. economy is still expanding at a solid pace with the housing sector continuing to provide a tailwind. During February, existing home sales and housing starts both topped expectations and rose at robust rates. […]
20/06/2024

No Rate Cuts Expected from SNB, BoE, or NB today

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