Nasdaq 100 Forecast: Cluster Support in Play after Breakdown. More Pain Ahead?

The Nasdaq 100 broke down after breaching a key technical floor, hitting its lowest level since late May. More pain could be ahead for the technology index if the bulls are unable to defend cluster support in the 14,150/13,930 range.

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Oil Price Forecast: WTI Rangebound as Demand Concerns Resurface. $80 a Barrel Incoming?

Oil prices failed to maintain yesterday’s bullish momentum as markets anticipate a drop in demand in Q4 from both the US and Europe. Is WTI finally heading back to the 80.00 mark?

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British Pound Forecast: GBP/USD Bounded by Fibonacci Support & Trendline Resistance

This article looks at GBP/USD from a technical standpoint, highlighting critical price levels that could come into play and act as short-term support or resistance.

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US Q3 GDP Smashes Estimates as the DXY and Gold Adopt a Cautious Approach

US Economy expanded an annualized 4.9% in the third quarter of 2023, the most since the last quarter of 2021. Largely expected by analysts and with the DXY in overbought territory we are seeing signs of caution from Market participants.

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