NDXUSD

NDXUSD

Following the shallow movements observed due to the market being closed due to the holiday in the US, the decline in 10-year treasury yields continued, albeit limited, and NDXUSD recorded limited increases. In terms of index pricing, average hourly earnings, unemployment rate and non-farm employment change data can be monitored during the day. When we evaluate technically, as long as the 21 (19590) period exponential moving average currently supports the 20080 - 19985 region, the positive trend may continue. If the upward trend continues, a movement area may form towards the 20280 and 20360 levels. In the alternative view, permanent pricing may be needed below the 20080 - 19985 region for the downward trend to become dominant. In this case, movements towards the 19890 and 19760 levels can be monitored. Support: 20080 - 19985 Resistance: 20280 - 20360