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FX.co ★ It appears that #NDX will move higher up to its nearest resistance level. Thursday, October 09, 2025.

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Forex Analysis:::2025-10-09T04:43:57

It appears that #NDX will move higher up to its nearest resistance level. Thursday, October 09, 2025.

[Nasdaq 100 Index] – [Thursday, October 09, 2025]

Given the Golden Cross between EMA(50) and EMA(200) and the RSI(14) being in the Neutral-Bullish zone, #NDX is likely to strengthen toward its nearest resistance level in the near term.

Key Levels

1. Resistance. 2 : 25381.4

2. Resistance. 1 : 25265.9

3. Pivot : 25044.8

4. Support. 1 : 24929.3

5. Support. 2 : 24708.2

Tactical Scenario

Positive Reaction Zone: If #NDX breaks out and closes above 25,044.8, it has the potential to test 25,265.9.

Momentum Extension Bias: If 25,265.9 is surpassed, the next target to be tested would be 25,381.4.

Invalidation Level / Bias Revision

The upside bias weakens if #NDX falls and closes below 24,708.2.

Technical Summary

EMA(50) : 25039.5

EMA(200): 24923.6

RSI(14) : 61.75

Economic News Release Agenda:

Tonight several economic data release will begin:

US - Unemployment Claims - Tentative

US - Factory Orders m/m - Tentative

US - Final Wholesale Inventories m/m - Tentative

US - Natural Gas Storage - 21:30 WIB

It appears that #NDX will move higher up to its nearest resistance level. Thursday, October 09, 2025.

Analyst InstaForex
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