Technical analysis of the Nasdaq index
The Nasdaq index is moving in a corrective downtrend on the 1-hour and 4-hour timeframes. Prices formed an FVG zone on the 4-hour chart around the 25,780 level, which represents internal liquidity for prices. Currently, prices are trading around the 25,560 level. A continuation of the corrective decline is expected during the day.

Key economic news
There are no major news releases regarding the U.S. dollar today, so movement on the indices is expected to be relatively calm.

Liquidity levels
Prices are expected to drop targeting 25,340 then 25,207.
The bearish scenario is invalidated if prices visit the 25,852 level.