NDXUSD

For the technology-heavy Nasdaq index, the unemployment claims and especially the PMI data coming from the U.S. on Thursday could be decisive. The index is holding above the pivot level of 21342.39. Strong PMI data that will provide positive signals about the U.S. economy and increasing risk appetite could drive the Nasdaq towards the resistances of 21652.28 and 21773.14. Data that falls below expectations or a tendency to flee from global risk could lead to testing the supports at 21222.13 and 20912.84. Fundamentally, it is anticipated that upward price movements may occur, while pullbacks could remain limited.