Nasdaq-100 reversed from resistance level 20600.00 Likely to fall to support level 20000.00 Nasdaq-100 index recently reversed down from the major resistance level 20600.00 (which stopped the previous sharp upward impulse wave (A) at the start of July), strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 20600.00 created the […]
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The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…
USD//JPY stayed in consolidation below 156.74 last week. and initial bias stays neutral this week first. On the downside, break of 153.27 will bring deeper correction to 38.2% retracement of 139.57 to 156.74 at 150.18. Read more…