NEWS: NASDAQ index tests corrective resistance and finds sellers. Can the buyers keep the momentum going? March 09, 2021 at 04:05PM

Index rises to test 38.2% and 50 hour MA
The NASDAQ index moved down some 12.54% from the high on February 16th to the low reached on Friday before moving back higher into the weekend.

Continue Reading:…

Search Web: NASDAQ index tests corrective resistance and finds sellers. Can the buyers keep the momentum going?

HN4MAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

About Post Author

fonecablecom

marketing@fonecable.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

FL NEWS

Austria Trade Balance increased to €-66.7M in January from previous €-1301M 9 April 2026

Austria Trade Balance increased to €-66.7M in January from previous €-1301M

Spain Industrial Output Cal Adjusted (YoY) below forecasts (1.5%) in February: Actual (-1.1%) 9 April 2026

Spain Industrial Output Cal Adjusted (YoY) below forecasts (1.5%) in February: Actual (-1.1%)

USD/CAD Price Forecast: Holds 20-day EMA in countdown to US-Iran talks 9 April 2026

The USD/CAD pair trades marginally higher around 1.3850 during the European trading session on Thursday.

EUR/GBP posts modest gains above 0.8700 despite weak German Industrial Production data 9 April 2026

The EUR/GBP cross posts modest gains near 0.8710 during the early European trading hours on Thursday. The Euro (EUR) remains firm despite the downbeat German Industrial Production report.

Gold keeps the red above $4,700 amid ceasefire uncertainty, ahead of US PCE data 9 April 2026

Gold (XAU/USD) remains on the back foot heading into the European session on Thursday, though it manages to hold above the $4,700 mark and, for now, seems to have stalled the previous day's slide from a three-week high.

AUD/USD: Overdone rally shifts into range phase – UOB 9 April 2026

UOB strategists Quek Ser Leang and Lee Sue Ann report that AUD/USD’s sharp advance has stalled below 0.7100, with price action now seen as part of a consolidation band between 0.7000 and 0.7080.

EUR/USD hesitates at 1.1660 with Iran’s ceasefire on tenterhooks 9 April 2026

The (EUR) is trading practically flat, right above 1.1660 against the US Dollar at Thursday’s European session opening. The pair pùlled back from Wednesday’s highs, at 1.1721, as Tehran closed the Strait of Hormuz following massive Israeli attacks on Lebanon.

USD: Focus on Inflation and Fed tensions risk – Commerzbank 9 April 2026

Commerzbank’s Antje Praefcke argues that the Iran ceasefire is fragile and warns against expecting Oil prices to quickly return to pre-war levels. She notes that US inflation data, including CPI and the PCE index, are likely to reflect higher energy costs over time.

Earnings estimates rising for Penguin Solutions, Inc. (PENG): Will it gain? 9 April 2026

Penguin Solutions, Inc. (PENG - Free Report) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.

Equities: Relief rally faces ceasefire uncertainty – Danske Bank 9 April 2026

Danske Research Team highlights a sharp global equities rally after the Iran ceasefire headlines, with benchmarks now just about 2% below record highs. Cyclicals and semiconductors led gains, while energy and minimum volatility lagged.

German Industrial Production declines 0.3% MoM in February vs. 0.9% expected 9 April 2026

Germany’s industrial sector activity fell sharply in February, the latest data published by Destatis showed on Thursday.

Germany Industrial Production n.s.a. w.d.a. (YoY) up to 0% in February from previous -1.2% 9 April 2026

Germany Industrial Production n.s.a. w.d.a. (YoY) up to 0% in February from previous -1.2%

South Africa Net $Gold & Forex Reserve fell from previous $75.835B to $73.187B in March 9 April 2026

South Africa Net $Gold & Forex Reserve fell from previous $75.835B to $73.187B in March

South Africa Gross $Gold & Forex Reserve fell from previous $81.06B to $77.76B in March 9 April 2026

South Africa Gross $Gold & Forex Reserve fell from previous $81.06B to $77.76B in March

Germany Trade Balance s.a. came in at €19.8B, above expectations (€18.5B) in February 9 April 2026

Germany Trade Balance s.a. came in at €19.8B, above expectations (€18.5B) in February

Germany Imports (MoM) came in at 4.7%, above expectations (4%) in February 9 April 2026

Germany Imports (MoM) came in at 4.7%, above expectations (4%) in February

Germany Industrial Production s.a. (MoM) below expectations (0.9%) in February: Actual (-0.3%) 9 April 2026

Germany Industrial Production s.a. (MoM) below expectations (0.9%) in February: Actual (-0.3%)

Germany Exports (MoM) above forecasts (1%) in February: Actual (3.6%) 9 April 2026

Germany Exports (MoM) above forecasts (1%) in February: Actual (3.6%)

Pound Sterling Price News and Forecast: GBP/USD surges as Iran truce dents US Dollar broadly 9 April 2026

The Pound Sterling trades in a tight range around 1.3400 against the US Dollar (USD) during the Asian trading session on Thursday.

Iran confirms sending team to Pakistan for negotiations with US 9 April 2026

Iranian ambassador Reza Amiri Moghadam confirms, through a tweet on X during early European trading hours on Thursday, that a team is scheduled to visit Pakistan at night for the first round of talks on the 10-point proposal plan with the United States (US).

Breaking News

Index rises to test 38.2% and 50 hour MA The NASDAQ index moved down some 12.54% from the high on February 16th to the low reached on Friday before moving back higher into the weekend.

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

ADVERTISEMENT

Related Post

Featured widget

Index rises to test 38.2% and 50 hour MA
The NASDAQ index moved down some 12.54% from the high on February 16th to the low reached on Friday before moving back higher into the weekend.