Technical Analysis of the Nasdaq Index

The Nasdaq Index is moving in an uptrend on the four-hour timeframe. Prices have formed a VIM zone around the 25,426 level, and a bullish reaction from this area is expected. Currently, prices are trading around 25,516, and further upside is anticipated during today’s session.

Key Economic News
There are no major U.S. dollar-related economic news releases today; therefore, market movement is expected to remain relatively calm.

Liquidity Levels
Prices are expected to rise and target the 25,680 level, followed by the 25,835 level.
The bullish scenario will be invalidated if a four-hour candle closes below the 25,218 level.

Nasdaq Technical Analysis The Nasdaq is moving in an upward trend on the four-hour frame, and prices have formed a VIM zone around 25,426 levels, and prices are expected to bounce back above these levels. Currently, prices are trading around 25,516 levels, and during the day, prices are expected to continue to rise.   Top Economic News There is no significant news on the US dollar during the day, so the movement is expected to be relatively quiet.   Liquidity levels Prices are expected to rise and target 25,680 levels and then 25,835 levels. The bullish scenario is negated if the four-hour candlestick closes below 25,218.