NDXUSD

The technology-focused Nasdaq Index is trading above the 25072 pivot level, but it is adopting a cautious stance due to sensitivity towards the Fed's interest rate policies. It is crucial to overcome the resistance levels of 25319 and 25072 for the continuation of the upward movement. The increasing trend of risk aversion may pressure the index towards the support level of 24982. Powell's speech and the Non-Farm Payroll data will play a decisive role in the index's weekly closing.