NDXUSD

image

NDXUSD

The Nasdaq index, which managed to end the past week with a value gain of nearly 2% for NDXUSD, started the first trading day of the new week positively. Non-farm payrolls and average hourly earnings data will be followed in the economic calendar this week. Again, Powell's speech to the congress before the employment data is also prominent among the headlines to be followed for index movements this week. When we technically examine the short-term pricing of the Nasdaq index futures contract, positive expectations are at the forefront as long as the index moves within the 18000 - 18100 region. In increases, the 18400 - 18500 levels can be followed as resistance with persistence above 18300. Negative expectations can come to the fore with the breakdown of the 18000 support downward. In decreases, the 17800 - 17900 region, which previously worked as support, can be followed as a control region. Support: 18100 - 18000 Resistance: 18400 - 18500