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Nasdaq Hits New Record Highs

Technical Analysis
By Ahmed Ashraf
Nasdaq Hits New Record Highs
0 2

NASDAQ

ناسداك 23-9-2025

Nasdaq is trading in an upward trend in the medium term, which opens the door for further price increases and the formation of new highs. However, if the $24,625 support level is broken to the downside, the market may retest the $24,350 level during today’s session.​

Support

 24625​ 24350​ –
Resistance 24850​ 25000​

–

The Nasdaq index recorded a notable upswing, continuing to set new record highs, driven by the strength of technology stocks particularly after Nvidia announced a major investment in OpenAI, which bolstered optimism about the artificial intelligence sector. Market expectations of upcoming interest rate cuts also fueled investors’ risk appetite and pushed the index higher, while inflation and upcoming monetary policy decisions remain sources of uncertainty that could limit this momentum going forward.

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Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

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