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Nasdaq-100: ⬆️ Buy Nasdaq-100 broke resistance zone Likely to rise to resistance level 20500.00 Nasdaq-100 index recently broke the resistance zone between the round resistance level 20000.00 and the resistance trendline of the daily down channel from February. The breakout of this resistance zone accelerated the active intermediate impulse wave (3) from the start of […]

The post Nasdaq-100 Wave Analysis appeared first on Action Forex.

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12/12/2023

Nikkei Strong Reaction Higher From The Equal Legs Area

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Nikkei. We presented to members at the elliottwave-forecast. In which, the rally from 04 October 2023 low unfolded as an impulse structure. And showed a higher high sequence favored more upside extension to take place. Therefore, we […]
20/03/2025

EURUSD Wave Analysis

EURUSD: ⬇️ Sell EURUSD reversed from resistance level 1.0930 Likely to fall to support level 1.0830 EURUSD currency pair recently reversed down from the key resistance level 1.0930 (a former monthly high from November, which also stopped the earlier minor impulse wave iii). The downward reversal from resistance level 1.0930 is likely to form the […]
23/05/2024

New Zealand Dollar Rises After Hot Retail Sales Data

The New Zealand dollar is in positive territory on Thursday. NZD/USD is up 0.38%, trading at 0.6120 in the European session at the time of writing. The New Zealand dollar showed some strength after the Reserve Bank of New Zealand rate decision on Wednesday, gaining as much as 1% and hitting a nine-week high. However, […]