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S&P 500 index: ⬆️ Buy S&P 500 broke resistance level 6800.00 Likely to rise to resistance level 7000.00 S&P 500 index opened today with the upward gap which broke the key resistance level 6800.00 (which stopped the previous impulse wave (3) at the start of October, as can be seen from the daily S&P 500 […]

The post S&P 500 Analysis appeared first on Action Forex.

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Bitcoin Jumps, Breakout Above Resistance Reinforces Bullish Momentum

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27/03/2024

Nasdaq-100 Index Wave Analysis

Nasdaq-100 index reversed from resistance level 18400.00 Likely to fall to support level 18000.00 Nasdaq-100 index recently reversed down from the key resistance level 18400.00 (strengthened by the upper daily Bollinger Band), which has been reversing the index from the start of March. The downward reversal from the resistance level 18400.00 started the active minor […]
28/06/2024

USD/JPY Bulls Reign Supreme: Insights Into The Bullish Trend

Key Highlights USD/JPY rallied and tested the 160.80 zone. A major bullish trend line is forming with support at 159.80 on the 4-hour chart. EUR/USD is consolidating above the 1.0670 support zone. GBP/USD spiked lower toward 1.2600 before it recovered some losses. USD/JPY Technical Analysis The US Dollar remained in a strong uptrend above the […]
13/09/2024

Gold Broke Through the Ceiling

After three weeks of consolidation, gold moved decisively upwards, hitting a record above $2572 per troy ounce on the spot market on Friday. The price rise has approached 3% since the beginning of the week and 25% since the beginning of the year, well ahead of the major stock market indices and against the general […]