21.08.202509:55 Forex Analysis & Reviews: The Nasdaq 100 Index has the potential to weaken today. Thursday, August 21, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

[Nasdaq 100 Index] – [Thursday, August 21, 2025]

Although the RSI (14) is in the Neutral-Bullish area, both EMAs are still in a Death Cross, with the EMA (50) below the EMA (200), then, the bias remains bearish, potentially causing the Nasdaq 100 Index to continue its decline.

Key Levels

1. Resistance 2: 23642.9

2. Resistance 1: 23439.2

3. Pivot: 23197.0

4. Support 1: 22993.3

5. Support 2: 22751.1

Tactical Scenario

Pressure Risk Zone: If the price breaks down and closes below 23197.0, the Nasdaq 100 index has the potential to continue its decline to 22993.3.

Momentum Extension Bias: If the Nasdaq 100 index successfully breaks through and closes below 22993.3, it has the potential to move to 22751.1.

Invalidation Level / Bias Revision

Downside bias is maintained if the Nasdaq 100 index suddenly strengthens above 23642.9.

Technical Summary

EMA(50): 23272.1.

EMA(200): 23486.9.

RSI(14): 52.76.

Economic News Release Agenda:

Tonight, the following economic data will be released from the United States:

US - Unemployment Claims - 19:30 WIB.

US - Philly Fed Manufacturing Index - 19:30 WIB.

US - Flash Manufacturing PMI - 20:45 WIB.

US - Flash Services PMI - 20:45 WIB.

US - Existing Home Sales - 21:00 WIB.

US - CB Leading Index m/m - 21:00 WIB.

US - Natural Gas Storage - 21:30 WIB.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.