NDXUSD

The NASDAQ100 Index maintains its upward potential with U.S. President Trump's calls for interest rate cuts and the U.S. 10-year bond yield dropping to 4.63%. Trump's indication that he is open to negotiations with China has also created a positive atmosphere in Asian markets, while the yen's appreciation following the Bank of Japan's rate hike has been influential in the USDJPY pair. Economic indicators such as the PMI data and home sales to be announced in the U.S. are among the developments that the market will closely follow.

From a technical perspective, the NASDAQ100 index continues to hold above the 21820 – 21900 support level. As long as it maintains above this area, the index has the potential to test the 22100 and 22200 resistance levels. Otherwise, if a sustained move below the 21820 – 21900 area is observed, a pullback towards the 21700 and 21600 levels may occur in the index. The RSI indicator is at the 49 level, presenting a neutral outlook. It is notable that the index closed with a limited loss of 0.03% compared to the previous day.