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FX.co ★ The Nasdaq 100 Index still has bullish potential today. Thursday, October 23, 2025.

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Forex Analysis:::2025-10-23T05:26:58

The Nasdaq 100 Index still has bullish potential today. Thursday, October 23, 2025.

[Nasdaq 100 Index] – [Thursday, October 23, 2025]

As seen by the RSI indicator which is slightly at the Neutral-Bullish level and both EMAs are still Golden Crosses, it seems that the Nasdaq 100 index is still biased towards strengthening today.

Key Levels:

1. Resistance. 2 : 25427.0

2. Resistance. 1 : 25149.8

3. Pivot : 24895.9

4. Support. 1 : 24618.7

5. Support. 2 : 24364.8

Tactical Scenario:

Positive Reaction Zone: If the #NDX breaks and closes above 25149.8, it may continue rising toward the 25427.0 level.

Momentum Extension Bias: If 25427.0 is breached and closed above, the Nasdaq 100 could test the next level at 25680.9.

Level Invalidation / Bias Revision:

The upside bias weakens if the price declines and breaks and closes below 24364.8.

Technical Summary:

EMA(50) : 24967.3

EMA(200): 24954.5

RSI(14) : 53.00

Economic News Release Agenda:

Tonight there will be data release from United States :

US - Existing Home Sales - 21:00 WIB

US - Natural Gas Storage - 21:30 WIB

The Nasdaq 100 Index still has bullish potential today. Thursday, October 23, 2025.

Analyst InstaForex
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