Technical Analysis of the Nasdaq Index
The Nasdaq Index is moving in an upward trend on the daily timeframe. Prices rebounded higher from the 24,777 level, which represents an FVG zone on the daily timeframe. Currently, prices are moving around the 25,149 level after rebounding from the FVG zone. Further upward movement is expected during the day.
Important Economic News
There are no major news releases related to the US Dollar today, so market movement is expected to remain stable and balanced.
Liquidity Levels
Prices are expected to rise, targeting the 25,453 level, followed by the 26,212 level.
Scenario Invalidation
The bullish scenario will be invalidated if a four-hour candle closes below the 24,289 level.
Technical Analysis of the Nasdaq Index The Nasdaq Index is trending upward on the daily chart, with prices rebounding higher from the 24,777 level, which represents the FVG zone on the daily chart. Currently, prices are trading around the 25,149 level, following the rebound from the FVG zone. The index is expected to continue its upward trend throughout the day. Key Economic News There is no significant news regarding the US dollar today, so the movement is expected to be steady. Liquidity Levels Prices are expected to rise, targeting the 25,453 level, followed by the 26,212 level. The bullish scenario will be invalidated if the four-hour candle closes below the 24,289 level.
