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Pulls

Nasdaq 100 Pulls Off Epic Breakout, Rockets to New 2023 Highs, Defying Gravity

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NASDAQ 100 TECHNICAL FORECAST: Nasdaq 100 breaks above major technical resistance at 13,740 and rises to its best level since April 2022 While the technical backdrop looks constructive, the market appears stretched and close to overbought condition, signaling a near-term pullback should not be ruled out This article looks at NDX’s key levels to watch …

Nasdaq 100 Pulls Off Epic Breakout, Rockets to New 2023 Highs, Defying Gravity Read More »

XAU/USD Breakout Pulls Back, Tests Support at Prior Resistance

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Gold Talking Points: Recommended by James Stanley Get Your Free Gold Forecast Gold prices sit at an important precipice. The bullish move that started in November remains alive but ever since resistance came into the equation last Tuesday, bears have been making a move and prices in Gold have already pushed below a couple of …

XAU/USD Breakout Pulls Back, Tests Support at Prior Resistance Read More »

AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Fed Rate Decision

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Australian Dollar Talking Points AUD/USD appears to be reversing course ahead of the yearly low (0.6968) amid the larger-than-expected the Reserve Bank of Australia (RBA) rate hike, and recent developments in the Relative Strength Index (RSI) point to a larger rebound in the exchange rate as the oscillator climbs above 30 to offer a textbook …

AUD/USD Rebound Pulls RSI Out of Oversold Zone Ahead of Fed Rate Decision Read More »

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