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Nasdaq Composite Technical Analysis

The Nasdaq Composite opened higher yesterday following the less hawkish than expected Fed decision where the central bank left interest rates unchanged once again and Fed Chair Powell said that they “have not yet made any decision on future meetings” suggesting that they may not hike at all anymore. On the data front, yesterday the US Jobless Claims missed expectations once again with Continuing Claims now rising at a fast pace. At this point, it’s hard to see the Nasdaq Composite rallying on ba... Read More

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Content Topics

Nasdaq

Composite

Technical

Analysis

Forex

Posted: Nov 3 2023, 11:54

Author Name: forexlive

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