NDXUSD
The NASDAQ100 index remains under the influence of the rise in the US 10-year Treasury bond yield, but Tesla's earnings report exceeding expectations somewhat alleviates this pressure. The unemployment claims and PMI data to be released today could play a significant role in index pricing. The cautious rise observed in Asian markets and the negative divergence of the China and Hong Kong indices indicate that concerns over Trump's trade policies are growing in global markets. The Michigan consumer confidence index in the US is also among the monitored data.
From a technical analysis perspective, the NASDAQ100 is observed at the current price level of 21141. When evaluated on a 4-hour time frame, the levels of 21200, 21100, and 21000 stand out as support; the levels of 21300, 21400, and 21500 are seen as resistance. The intraday movement of the pair shows an increase of 0.16%. The RSI indicator is at 55, exhibiting a neutral trend. If the index remains consistently above the 21200 level, it could support a positive outlook, while the 21000 level can be monitored as critical support in downward movements.
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