NDXUSD

Although the NASDAQ100 index remains under pressure due to the rise in 10-year treasury yields, Tesla's better-than-expected financial results ease this pressure. In the economic calendar, unemployment claims and preliminary services and manufacturing PMI data will be in the spotlight. Potential changes in US durable goods orders and Michigan Consumer Sentiment data will also attract investors' attention. In the Eurozone, the impact of Germany's IFO Business Climate Index on future economic expectations is being monitored. In Japan, political developments and the decisions made by the Central Bank on interest rates may also affect Asian markets.

Technically, the NASDAQ100 index is trading in the 20250 - 20500 support zone. On the 4-hour chart, the support of the 21 (20403) and 89 (20335) period exponential moving averages is noteworthy. Unless a sustained move above the 20500 level is achieved, it seems difficult for the positive trend to strengthen. On the upside, resistance levels at 20650 and 20750 can be observed. In downward movements, if there is stability below 20250, support levels at 20150 and 20000 may come into play. The RSI indicator is at 41 and shows a negative outlook. The index has experienced a decline of 0.7% compared to the previous day.