NDXUSD

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NDXUSD

The Fed interest rate decision, which has been expected since the beginning of the week, was announced for NDXUSD yesterday. The Fed kept the interest rate constant in line with market expectations. The Fed, which revised inflation and growth upwards, maintained a hawkish stance in projections while maintaining its 75 basis point cut estimate for this year. The upward revision in growth supported the US indices. The Nasdaq index increased by over 1%. Today, there are PMI data on the calendar, which will be followed for index movements as they are leading data. When we examine the short-term pricing of the Nasdaq index futures contract technically, we are following the 18200 - 18300 region. As long as the index is above the 18300 level, positive expectations are at the forefront. In increases, the 18400 - 18500 levels can be followed as resistance. Alternatively, for negative expectations, the index can be expected to fall below the 18300 level. In decreases, the 18200 - 18100 levels can be followed as support. Support: 18200 – 18100 Resistance: 18400 – 18500