NASDAQ 100 Rebounds Above Support, Eyes 23,989 Resistance as RSI Holds Steady Near 55

NASDAQ was up on Thursday morning after testing the low level of 23372 in the last trading session as the chipmaker is expected to post 49% earnings growth and 53% revenue growth year-over-year, though it warned of an $8 billion impact from US trade restrictions on China. Elsewhere, MongoDB surged 38% and Okta rose 1.6% after both topped forecasts, driven by strong AI-related demand that lifted sentiment ahead of Nvidia’s results.

Recent News

DAX volatile due to Geopolitical tension

November 22, 2024

Market Insights

Gold holds below $3,400 as traders stay...

June 18, 2025

Market Insights

AUDUSD fall after Trump victory

November 06, 2024

Market Insights

DAX sharp recovery from the daily suppor...

October 25, 2024

Market Insights

Gold Trading Insights Key Levels and Geo...

March 03, 2025

Market Insights

NASDAQ 100 Struggles Below 23,900 Resist...

August 14, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window