NDXUSD

U.S. President Trump announced plans on Tuesday to implement new tax measures on semiconductor and pharmaceutical imports, as well as to increase automobile tariffs. This move has further escalated trade tensions. However, despite the rise in U.S. 10-year Treasury yields, the NASDAQ 100 Index has begun to show signs of recovery after recent declines. The FOMC meeting minutes will be closely monitored throughout the day.

The NASDAQ 100 index is trading above levels supported by the indicators we are following. In short-term technical analysis, while prices are fluctuating in the range of 22100 – 22200, supported by the 21-period exponential moving average, the desire for upward movement may continue. If positive movements persist, progress toward the levels of 22300 and 22375 may be observed. However, if we see sustained pricing below the 22100 – 22200 range, the desire for a downward movement may come to the forefront.