Technical Analysis of the Nasdaq Index
The Nasdaq index is moving in an upward trend across most timeframes. Currently, the index is trading at its highest level in history around 25,657. In our weekly analysis video, we mentioned that the Nasdaq is expected to continue rising, as prices successfully formed a DOB zone around 25,017. The decline in the CPI and the potential interest rate cuts during the current week are likely to support a further rise in the indices overall.

Key Economic News:
There are no major economic events today related to the U.S. dollar; therefore, we expect to see relatively steady and consistent movements in the Nasdaq index.

Liquidity Levels:
Prices are expected to rise and target 25,825, followed by 26,360.
The bullish scenario will be invalidated if prices revisit the 24,655 level.