US 500: If the momentum continues in the current trend, the index will face a test on 4320 [Video]

Denis Joeli Fatiaki Independent Analyst

In this analysis, we meticulously examine the recent performance of the Nasdaq 100 and US 500 indices to gauge their strength and determine whether the current trend can be sustained.

By evaluating key indicators and price action, we aim to provide insightful guidance to traders and investors, equipping them with the knowledge to navigate the market confidently.

Our analysis serves as a compass, illuminating the potential outcomes and market dynamics that may unfold in the coming trading sessions.

By analyzing the performance of these major indices, we provide traders and investors with valuable insights into what to expect and how to position themselves strategically in light of the prevailing market conditions.

Author

Denis Joeli Fatiaki

Independent Analyst

Denis Joeli Fatiaki possesses over a decade of extensive experience as a multi-asset trader and Market Strategist.

GBP/USD hovers around daily lows near 1.3450

GBP/USD trades with decent losses on Thursday, revisiting the 1.3450 zone. Cable’s resumption of the selling interest comes after two daily advances in a row and follows the improved sentiment around the Greenback amid fresh concerns in the Middle East.

EUR/USD slips back to two-day lows near 1.1510

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The Fed is doing the exact opposite of what it should be doing

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