Logo-color Logo-white

Short term Elliott Wave view in Nikkei Futures (NKD) suggests that rally to 40960 ended wave 3. Pullback in wave 4 is currently in progress as a double three Elliott Wave structure. Down from wave 3, wave (a) ended at 40025 and wave (b) ended at 40805. Wave (c) lower ended at 39285 and this […]

The post Nikkei (NKD) Has Reached Support Zone appeared first on Action Forex.

previous

Getting Ready for a Decline in Gold

next

Crude Oil Price Consolidate Gains Above Key Support

Read More

16/04/2024

Mixed Signals Indicate China Still Muddling Through

In focus today We continue to follow the developments in the Middle East after Iran’s strike on Israel in the weekend. It will be key to watch for signals on the extent of an Israeli retaliation. So far, Israel has said it will “exact a price” from Iran, while the US, France, and the UK […]
20/12/2023

Gold Price Eyes Breakout, Crude Oil Price Recovers

Gold price gained traction and climbed above the $2,030 resistance level. Crude oil price is recovering, and it could climb further higher toward the $78 resistance. Important Takeaways for Gold and Oil Prices Analysis Today Gold price started a decent increase from the $1,975 zone against the US Dollar. A connecting bullish trend line is […]
16/08/2024

Easing Inflation Worries Despite Robust Sales Data

The market mood got a further boost yesterday after the latest data release from he US hinted that the economy is not doing that bad, after all. The retail sales rose 1% in July, more than expected by analysts, the initial jobless claims rose less than expected last week while NY Empire State and Philadelphia […]