NDXUSD

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NDXUSD

After the US inflation data, the Nasdaq index exceeded the March peak of 18700 due to the effect of the increased risk appetite in the market, but could not make a daily close above the level due to the effect of the recovery in US bond yields. While the FOMC members whose statements we followed yesterday stated that they will not act hastily in terms of interest rate cuts, the economic calendar is calm in the US today. The statements of FOMC members Daly and Waller will be followed together with the course of the US stock markets for index movements. When we examine the short-term pricing of the Nasdaq index futures contract technically, we follow the 18600 -18700 region for the index. As long as the index moves above the region, positive expectations are at the forefront. In increases, the 18800 - 18900 levels can be followed as resistance. In possible decreases, negative expectations may come to the fore with the downward break of the 18600 level. In this case, 18400 – 18300 levels can be followed as support. Support: 18500 – 18400 Resistance: 18700 – 18800