NDXUSD

The NASDAQ100 index is supported by factors such as the recovery in Nvidia's market value and the decline in US 10-year Treasury yields. This recovery in the technology sector contributes positively to general market trends. The Fed's monetary policy statement in the US attracts the attention of investors, and it is thought that this statement could play an important role in market volatility. The recovery effort seen in the Asian session also has an indirect positive effect on Nasdaq.

Technically, the NASDAQ100 index is at a critical decision stage in the 21,400 – 21,600 range. The index is trading above the 21,400 level and is showing an increase of 0.22%. To maintain its positive outlook, it's important for the index to exhibit sustained movements above the 21,600 level. In potential uptrends, the resistance levels at 21,700 and 21,820 may be monitored. However, for a negative outlook to form, a drop below the 21,400 level should be observed, in which case the support levels at 21,300 and 21,200 may come into focus. The RSI indicator is at the 47 level, displaying a neutral outlook.