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

AUDUSD trading on 200 SMA

November 08, 2024

Market Insights

NASDAQ making a bullish flag on 1hr time...

October 09, 2025

Market Insights

Gold price rises to multi-day high, near...

July 01, 2025

Market Insights

DOWJONES making a bullish flag on daily...

February 13, 2025

Market Insights

Gold Price Drops to $3,000 Amid Geopolit...

March 24, 2025

Market Insights

NASDAQ made new ATH as market highly par...

October 03, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window