You are correct, the Nasdaq is an index, not a stock. Here is an improved version of the sentence: The Nasdaq index is currently trending within a bullish channel, indicating a positive outlook. I anticipate further price increases based on the chart analysis.
The NZDCAD currency pair is currently showing a Gartley pattern formation. After reaching a key support level, I anticipate a bullish reversal as buyers enter the market and drive the pair higher.
AUD/NZD is forming the last wave (5th). I expect this pair to see higher prices.
Gold's bullish trend is showing signs of weakness as it forms an AB=CD pattern. If the flag formation is broken, I anticipate a potential move towards the square on the chart.
The Euro/Cad pair has recently completed a Gartley harmonic pattern and is currently showing bullish momentum. If the price breaks out of the pennant formation to the upside, we could potentially see the formation of an AB=CD pattern.
GBP/JPY has recently completed a harmonic pattern and is currently trading within a bullish channel along a trend line. I anticipate that this pair will continue to move higher in the near term.
Gold is in a channel that is forming a head and shoulders pattern. In case of breaking the neck line I expect this scenario.
The Possible Scenario for NZD/CAD. I expect to reach to the bottom of the cloud and then drop after checking the candle sticks. The first target is around 0.81500
In the 4-hour time frame, AUDCHF has recently reached both the trend line and the Ichimoku cloud. This confluence suggests a bullish outlook, with potential for further upside movement. The initial target for this upward trend could be around 0.60400.
NZD/JPY is exhibiting a robust bullish momentum, signaling a potential breakout above the current resistance level. The price action suggests a bullish bias, with the first target identified at 92.960
GBP/USD has encountered a robust resistance within a descending channel, indicating a potential completion of a harmonic pattern (butterfly). Anticipating a downward movement, I foresee the pair targeting 1.25660 initially, followed by 1.25300 as the second target.
In the 30-minute time frame, AUD/CHF has recently breached a key resistance level. Following a brief pullback, we anticipate a bullish movement towards the target of 0.59880.
AUD/JPY is on the verge of completing a head and shoulders pattern, suggesting a potential move towards the 100.300 level.
Bitcoin has formed a pennant pattern, suggesting a potential downward movement towards the target of 59300.
EUR/AUD has recently broken below the triangle pattern and is currently descending towards the next key support level at 1.63000.
The S&P 500 has broken out of the long channel and successfully completed its pullback. The initial target now is the bottom of the cloud.