– Nasdaq-100 index reversed from key support level 18000.00
– Likely to rise to resistance level 18400.00
Nasdaq-100 index recently reversed up from the key support level 18000.00 (former strong resistance from February acting as the support after it was broken earlier) coinciding with the 20-day moving average.
The upward reversal from the support level 18000.00 continues the three of the active impulse waves iii, 3 and (3).
Given the predominant daily uptrend, Nasdaq-100 index can be expected to rise further toward the next resistance level 18400.00 (which reversed the index earlier this month).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies