empty
 
 
02.02.2023 11:12 AM
Technical Analysis of Intraday Price Movements of Nasdaq 100 Index, Thusday February 02, 2023

This image is no longer relevant

If we look at the 4-hour chart for the Nasdaq 100 index, it is clear that there is a deviation between the index's price movement and the Awesome Oscillator indicator, although currently #NDX is moving harmoniously in a channel that is swooping upward (Bull) but by successfully breaking Old High 12248.0 then # NDX has the potential to be corrected down to the level of 11964.3 before returning to its initial bias as long as the downward correction does not exceed the 11852.2 level then #NDX is still in a bull condition and has the potential to rally again.

(Disclaimer)

Arief Makmur,
Analytical expert of InstaForex
© 2007-2023
EURUSD
Euro vs US Dollar
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Start trade
Start trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

BTCUSD, H4 | Potential Reversal from a key level ?

The BTC/USD chart is currently bearish, indicating potential further price drops. The first resistance level at 28342 could prompt a bearish reaction towards the first support level at 26557. This

Dean Leo 06:10 2023-03-24 UTC+2

XAUUSD, H4 | Continue to 1st Support?

The XAU/USD chart currently has a bearish momentum, with potential for a bearish reaction off the first resistance level at 2007 and a drop towards the first support level

Dean Leo 06:09 2023-03-24 UTC+2

Trading Signal for GOLD (XAU/USD) for March 24 - 27, 2023: sell below $1,986 or in case of pullback at $2,002 (8/8 Murray - double top)

On the 4-hour chart, we can see the formation of a double top which could be a sign of a probable change in trend. If this scenario occurs, gold should

Dimitrios Zappas 05:19 2023-03-24 UTC+2

Forecast for EUR/USD on March 24, 2023

Yesterday, the euro desperately tried to climb above the MACD line on the daily chart, as well as on Wednesday, but at the end of the day, it closed below

Laurie Bailey 04:38 2023-03-24 UTC+2

Forecast for GBP/USD on March 24, 2023

The pound was able to overcome the resistance of the MACD indicator line on the daily chart, but could not hold steady above it. In today's Asian session, with

Laurie Bailey 04:38 2023-03-24 UTC+2

Forecast for USD/JPY on March 24, 2023

This morning, the price reached the target support on the embedded price hyperchannel line of the monthly chart at 130.18. To achieve this goal, the price had to push through

Laurie Bailey 04:38 2023-03-24 UTC+2

Technical analysis of GBP/USD for March 23, 2023

The GBP/USD pair has faced strong support at the level of 1.2173 because resistance became support. So, the strong resistance has been already faced at the level of 1.2173

Mourad El Keddani 23:53 2023-03-23 UTC+2

EUR/USD reaches upper median line as expected

EUR/USD climbed as much as 1.0929 today where it has found resistance again. Now, it is trading lower at 1.0895 at the time of writing. The bias remains bullish despite

Ralph Shedler 18:40 2023-03-23 UTC+2

GBP/USD: rising wedge in progress

The GBP/USD pair registered a strong leg higher in the short term and now is trading at 1.2314 at the time of writing. Now, it stands right below important upside

Ralph Shedler 18:39 2023-03-23 UTC+2

Technical analysis of EUR/USD for March 23, 2023

The bullish bias will be suggested for today, supported by the EMA100 that carries the price from above, taking into consideration that breaking 1.0819 will stop the expected rise

Mourad El Keddani 17:28 2023-03-23 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.