
Nasdaq Forecast: Reverses Thursday Gains – 08 August 2025
The NASDAQ 100 erased its Thursday gains in a dramatic reversal, but longer-term bullish trends and nearby support levels hint at a potential recovery.
The NASDAQ 100 erased its Thursday gains in a dramatic reversal, but longer-term bullish trends and nearby support levels hint at a potential recovery.
Ethereum rallied strongly on Thursday, eyeing a breakout above $4,000 as market sentiment improves and the 50-day EMA provides dynamic support.
Apple stock surged above the 200-day EMA on Thursday, defying broader market weakness and setting up a potential breakout toward the $250 level.
The US dollar gained ground against the Swiss franc on Thursday, with rate differentials and US tariffs supporting a potential USD/CHF bottoming setup.
The New Zealand dollar retreats after testing key resistance at the 50-day EMA, reflecting broader risk-off sentiment and Asia-Pacific market concerns.
Introduction: Gold Analysis continues its bullish momentum for the fourth consecutive day, extending its gains and stabilizing at $3285.74, reflecting active buying above key technical zones. With solid resistance levels overhead and firm support beneath, traders are treating this phase as an opportunity to rebalance positions and plan scenarios based on logical liquidity pockets above…