This is my take on Nas100 for the upcoming week. Kindly look at higher timeframes as a better reference to understand this analysis. Price is looking to form a double top on the 4 hr chart. IF price fails to exceed that d]level then this short has a high probability of reaching the target. Follow Me on Instagram: @forexmachers_za for more analysis on Nasdaq.
May get a bit of consolidation before we head down for retest. Watch out for the fundamentals on Tuesday and Wednesday this week to see whether the price will move in our favour or not.
I predict a rally for the Pound Sterling. There is confidence that deal will be made for the pound. In my opinion the pound is undervalued and they cant afford to leave without a deal.