NDXUSD

In the NASDAQ100 index, while U.S. President Trump's one-month postponement of import tariffs provides short-term relief, the recovery in U.S. 10-year bond yields is creating pressure. Markets are watching Trump's tariffs on Canada, Mexico, and China, with notable increases in the dollar index and losses in U.S. futures. Canada's retaliation against the U.S. and potential steps by Mexico raise concerns about a trade war. These developments could lead to fluctuations in the markets and potentially exert pressure on inflation.

Technically, NDXUSD is trading within the 21400 – 21600 support zone. For a positive outlook in the short term, sustained pricing above the 21600 level is required. In such a case, resistance levels of 21700 and 21820 may be tested. In a negative trend, if the level falls below 21400, a retreat towards the 21300 and 21200 support levels may be observed. The RSI indicator is at 40, displaying a negative trend. The index has experienced a 0.99% decrease compared to the previous day.