Technical Analysis for the NASDAQ Index
The NASDAQ index is moving in an uptrend on the hourly timeframe, and prices have formed an FVG area around the 25,506 level. Prices are expected to rebound upward from this area provided that positive price action is seen. Currently, prices are trading around 25,532, and prices are expected to continue rising during the day.
Key Economic News
There are no significant economic news events for the US Dollar today, so price movement is expected to be coherent.
Liquidity Levels
Prices are expected to rise and target 25,581 and then 25,715 levels. The bullish scenario will be invalidated if an hourly candle closes below 25,430.
