Logo-color Logo-white

Japan’s benchmark index attempts to regain positive footing 37,000 level is still in sight But bullish momentum may not be strong enough The Japan 225 stock market index (cash) edged up on Monday, heading towards the 161.8% Fibonacci extension of the June-October 2023 downtrend at 36,247. Overcoming this barrier is crucial to being able to […]

The post JP 225 Stock Index Eyes 161.8% Fibo After Pullback from 34-year High appeared first on Action Forex.

previous

EUR/USD At Risk of Fresh Lows Below 1.0800

next

Swiss Franc Recovering, But Will SNB Shift Policy?

Read More

14/04/2024

Forex and Cryptocurrency Forecast

EUR/USD: The Dollar Soars Last week saw two significant events: the first shocked market participants, while the second passed without surprises. Let’s examine the details in order. Since mid-2022, consumer prices in the US have been declining. In July 2022, the Consumer Price Index (CPI) was at 9.1%, but by July 2023, it had fallen […]
12/06/2024

Elliott Wave Intraday Analysis: S&P 500 (SPX) Sequence Remains Bullish

Short Term Elliott Wave in S&P 500 (SPX) suggests the rally from 4.20.2024 low is in progress as an impulse. Up from 4.20.2024 low, wave 1 ended at 5341.88 and pullback in wave 2 ended at 5191.68. Internal subdivision of wave 2 unfolded as a double three Elliott Wave structure. Down from wave 1, wave […]
18/07/2024

Crude Oil Targets Fresh Gains: Key Factors to Watch

Key Highlights Crude oil prices started a fresh increase from the $80.20 support. A major bearish trend line is forming with resistance at $82.95 on the 4-hour chart. Bitcoin is consolidating gains above the $63,500 pivot zone. EUR/USD extended its increase above the 1.0910 resistance. Crude Oil Price Technical Analysis After a downside correction, Crude […]