Nasdaq Technical Analysis
The Nasdaq index is trending upward on the 4-hour timeframe. Prices rose on Thursday after bouncing from the 23,385 level and are currently trading near 23,750, which represents an important liquidity area as mentioned in the previous report. Prices have also formed a 4H FVG zone, considered a key buying level. The bullish trend is expected to continue throughout the day.

Key Economic News
The U.S. dollar awaits today’s non-farm private employment change data released by the Bureau of Labor Statistics. In addition, unemployment rate and average hourly earnings are among the most important releases expected to move the markets today, particularly indices.

Liquidity Levels
Prices are expected to rise, targeting 23,880 followed by 23,955.
Invalidation: The bullish scenario on the 4-hour chart will be invalidated if an hourly candle closes below 23,385.