NDXUSD

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NDXUSD

The Nasdaq100 index tends to rise towards the December peak at the end of the year, influenced by the holiday season in Europe and the US. The positive trend in Asian markets, led especially by the Japanese Nikkei index, creates a favorable environment in global markets. Although the weakening Yen's positive impact on Japan's economy raises concerns about a possible need for tightening, this situation currently supports the positive outlook in the indices. While US indices experience a flat day, the decline in US 10-year bond yields and the stable course of the dollar index help Nasdaq100 maintain its current momentum.

In technical analysis, the Nasdaq100 index is trading above its 21 and 89 period moving averages in the 21700-21880 range, indicating short-term optimism. Intra-day upward movements should watch the resistance levels at 22000, 22100, and 22200. Sustained movements above the 22100 level could strengthen the positive trend and bring the index closer to the December peak. While the RSI indicator is in the negative region, the index closing at 21717 with a 0.06% loss indicates the potential deepening of short-term reaction sales. Support zones are found at 21880, 21800, and 21700 levels.

Support :

21880 - 21800 - 21700

Resistance :

22000 - 22100 - 22200