The Nasdaq 100 feels the pressure from signs of a slowing US economy. A break below the psychological tag of 13000 has put the bulls under pressure. 12800 on the 30-day moving average is another test of buyers’ resolve in the short term. 13080 has become a fresh supply area, and as the RSI recovers […]
The post NAS 100 Struggles for Bids appeared first on Action Forex.
Daily Pivots: (S1) 158.23; (P) 158.60; (R1) 159.34; More… Intraday bias in USD/JPY remains on the upside as rise from 152.07 is still in progress. Firm break of 159.44 will target 161.94 high next. On Read more…
Global markets have entered a fragile calmness as investors await the next major catalyst. With only second-tier data scheduled and Fed officials in their pre-meeting blackout period, the usual policy signals that guide markets are Read more…
Bill Ackman is making waves yet again, marking another run at the public markets. However, there is a difference. This time around, Ackman is giving investors something much more exciting. Ackman’s Pershing Square filed documents Read more…