NDXUSD

The technology-focused Nasdaq 100 index is trading above the 24909 pivot level but is exhibiting a cautious stance due to sensitivity towards the Fed's interest rate policies. It is crucial to surpass the resistance levels of 25089 and 25185 for the continuation of the upward trend. An increasing tendency to flee from risk may pressure the index towards the 24853 support level. Powell's speech and the Non-Farm Payroll data will play a decisive role in the index's weekly closing.