
NVDA Forecast: Bounces Back in Premarket Trading – 29 August 2025
Nvidia stock is bouncing back in premarket trading, with $185 as key resistance and a breakout potentially driving a rally toward the $200 level.
Nvidia stock is bouncing back in premarket trading, with $185 as key resistance and a breakout potentially driving a rally toward the $200 level.
The USD/JPY bounced from 147 support and the 50-day EMA, with the pair ranging between 147–149 and a breakout targeting 151 yen in the near term.
The Nasdaq 100 remains bullish as buyers defend dips near 23,250, with the index targeting 24,000 in the short term and potentially 24,500 afterward.
Bitcoin rallied from $110K on Thursday, with buyers defending support as BTC/USD eyes $114K resistance and a possible push toward the $120K breakout zone.
USD/CAD slipped to test 1.3750 support, but with the interest rate differential favoring the greenback, a breakout above 1.38 could trigger further upside momentum.
The Euro (EUR) extended its recovery on Thursday, with EUR/USD pushing closer to the 1.1700 level and marking fresh three-day highs.