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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Daily Pivots: (S1) 1.2830; (P) 1.2915; (R1) 1.2984; More… GBP/USD’s decline from 1.3433 resumed by breaking through 1.2906 temporary low. Intraday bias is back on the downside for 61.8% retracement of 1.2298 to 1.3433 at Read more…
Sterling has faced significant selling pressure as markets reacted negatively to the Labour government’s budget announcement. Some analysts draw comparisons to the free fall following former Prime Minister Liz Truss’s mini-budget two years ago. Yet, Read more…
Key Highlights USD/JPY started a downside correction from the 153.85 zone. A connecting bullish trend line is forming with support at 151.45 on the 4-hour chart. Bitcoin trimmed gains and traded below the $70,000 level. Read more…