Home Forex ​​​​​Dow and Nikkei 225 Hit Fresh Records, with Nasdaq 100 Following Close Behind

​​​​​Dow and Nikkei 225 Hit Fresh Records, with Nasdaq 100 Following Close Behind

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Dow Jones, Nasdaq 100, Nikkei 225 – Prices, Analysis, and Charts

​​​Dow breaks higher

​Yesterday saw the index rally in the wake of the Fed decision, and a new all-time high was created.

​Trendline support from mid-January continued to hold, and the price was able to push back above 39,000. The next target would be 40,000, which could provide some psychological resistance as a large round number.

Dow Jones Daily Price Chart

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Nasdaq 100 is poised to break to a new record

​This index also made gains after the Fed meeting, continuing its recovery from last week’s lows.​A test of the previous high at 18,418 is now likely, with the bullish view firmly back in place. Beyond this lies new record highs.

​In the short term, support might be found at the 50-day simple moving average (SMA) in the event of a pullback.

Nasdaq 100 Daily Price Chart

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Nikkei 225 hits a fresh peak

​The Nikkei 225 continued its strong run for the week, pushing on towards 41,000. ​A new record high has been created, as the recovery from the higher low of mid-March continues. This has put fresh strength into the uptrend, cancelling out any bearish view for the time being.

Nikkei 225 Daily Price Chart

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