NDXUSD

The NASDAQ100 index maintains its upward trend as the Fed keeps interest rates steady and delivers positive messages regarding inflation. Signals from Fed Chairman Jerome Powell indicating potential future rate cuts have been welcomed by the markets, putting downward pressure on 10-year bond yields. There is limited optimism in Asian markets as well, particularly influenced by holidays in China and other regions. The growth rate and other economic data to be announced in the U.S. during the day may be decisive for the market's direction.

Technically, the NASDAQ100 index is trading above the 21400 – 21600 support range, indicating an upward expectation. If the index continues its rise, the resistance levels of 21700 and 21820 can be monitored. In an alternative scenario, if it falls below the 21400 - 21600 support range, a pullback towards the 21300 and 21200 levels may occur. The RSI indicator displays a positive outlook, and a 0.4% increase in price compared to the previous day suggests that short-term upward momentum may be maintained.