NDXUSD

The NASDAQ100 index is experiencing volatility due to statements from Fed Chair Jerome Powell and movements in the US 10-year treasury bond yields. Powell's approach to not rushing to lower interest rates creates pressure in the market, while expected financial results from Nvidia and developments regarding the artificial intelligence trend could impact the technology sector. Asian markets started the week with mixed appearances, and the uncertainty surrounding interest rates from Japan also draws attention. In the US, index futures are showing a positive trend, and the dollar index is showing some recovery.

Technically, the NASDAQ100 index is trading below the 20800 – 20900 region. This area is supported by the 21 and 89-period exponential moving averages, indicating a negative outlook for the index. In downward movements, the 20500 and 20350 levels serve as support positions. The 233-period exponential moving average at the 20500 level should be monitored as an important support level. If the index maintains above the 20800 – 20900 region, a move toward the 21000 and 21100 resistance levels could be observed. The RSI indicator currently shows a neutral outlook, and the index is seen rising by 0.69%.