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سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

26.10.202314:19 Forex Analysis & Reviews: Technical analysis on NASDAQ for October 26th, 2023.

Exchange Rates 26.10.2023 analysis

Red lines- bullish channel

Blue lines- Fibonacci retracement levels

Nasdaq is trading around 14,240. Price recently broke to new lower lows below the 23.6% Fibonacci retracement. As was expected by our previous posts, Nasdaq index is moving lower towards the key Fibonacci 38% retracement level at 13,945. Since the break out of the bullish channel we warned traders that Nasdaq index was vulnerable to a pull back. Price has started forming lower lows and lower highs over the last 3 months. We continue to be bearish NASDAQ as long as price holds below the recent high at 15,330.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

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