Nvidia Shares See Volatile Trading; Iran Evaluates Trump's Peace Offer

Nvidia shares continue to trade in a volatile pattern. The RSI14 stands at 49.49, indicating a neutral zone for the stock. The MACD and MACD signal lines are in negative territory but are converging, which could increase the likelihood of a short-term recovery. However, the impact of developments between Iran and Trump mentioned in the news headline on the stock price remains uncertain. Therefore, caution is advised in short-term forecasts.

Although HSBC shares have risen nearly 4% in the last 24 hours, the RSI stands at 65, approaching overbought territory. While the MACD is positive and above the signal line, supporting short-term momentum, geopolitical uncertainty (Iran-Trump peace proposal) and Nvidia's volatile trading could affect overall market risk appetite. Technical indicators point to an upward trend, but uncertainties in the news flow make it difficult to provide a clear directional signal. Therefore, a sideways movement can be expected in the short term.

The NDX is trading above its 20-day simple moving average (SMA) and close to its 50-day SMA, suggesting a short-term recovery. However, the RSI at 58.9 remains in neutral territory. The MACD line is above the signal line and positive, but momentum is weak. Headlines regarding Nvidia's volatile performance and geopolitical uncertainty (Iran-Trump peace proposal) could pressure the market. Therefore, a clear direction is difficult to determine; the market is likely to move within a horizontal range.