NDXUSD

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NDXUSD

The Nasdaq index, which has been under downward pressure throughout the current month, showed recovery in the last week of the month thanks to higher than expected corporate profits during the earnings season. The index, which managed to complete the first trading day of the week in the positive region, can be followed for index movements, especially the Fed interest rate decision to be announced tomorrow, and Amazon and AMD balance sheets, which are expected to announce their balance sheets after the US session close today. We are following the 17800-18000 region of the Nasdaq index. As long as the index is under pressure below the relevant region, it can be expected that the index will continue to decline. On the downside, the 17600-17500 levels can be followed as medium-term support levels. In recoveries that may be seen if the index receives support from the 17800-18000 region, the 18300-18700 levels can be followed as resistance. Support: 17600-17500 Resistance: 17900-18000