NDXUSD
The NASDAQ100 Index continues to fluctuate based on developments regarding customs duties. The increasing tensions between the U.S. and China, combined with similar statements from the European Union, have heightened uncertainty. The EU criticized Trump's proposal to raise steel tariffs to 50%, warning that it could harm negotiations with the U.S. These developments have created an atmosphere that limits the Index's upward movements.
The NASDAQ100 index is being traded with indicators monitored on the 4-hour charts. As the Index is priced within the range of 21,100 – 21,500, supported by the 21 and 89-period exponential moving averages, it may enter a decision-making phase. For the upward trend to continue, it will need to remain above the 21,500 level. Otherwise, closures below 21,100 could trigger declines.
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