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Nasdaq Analysis for Today (June 5, 2025): tradeCompass Methodology

Current Nasdaq Futures Price: $21,748 (hovering around today’s VWAP)

Nasdaq Analysis Today: Market Context & Directional Bias

Today’s Nasdaq analysis highlights a narrow trading range persisting since yesterday, characterized by a nearly doji-like formation indicating indecision among market participants. Today’s price action remains tight around the VWAP, suggesting limited conviction for significant moves yet.

tradeCompass identifies a cautiously bullish scenario above $21,750, which corresponds closely with today’s Volume-Weighted Average Price (VWAP). For traders seeking early Nasdaq price predictions, entering trades around this level provides higher reward versus risk potential due to tighter stop placements but inherently carries greater uncertainty.

Educational Insight: Nasdaq Analysis Using Volume Profile & VWAP

Volume Profile in Nasdaq Analysis:
Volume Profile is crucial in today’s Nasdaq analysis, visualizing traded volume at specific price points. High-volume areas like the Point of Control (POC) or Value Area boundaries (VAH/VAL) typically serve as strong intraday support and resistance. Traders frequently use these volume clusters to identify strategic entry and exit points.

VWAP for Precise Nasdaq Price Prediction:
Volume Weighted Average Price (VWAP) is vital for accurate Nasdaq price predictions, representing the average transaction price adjusted for volume throughout the trading day. VWAP standard deviation bands assist traders in pinpointing optimal partial profit-taking and risk mitigation zones, helping to define entry, exit, and stop-loss strategies.

Bullish Trade Plan According to Today’s Nasdaq Analysis with tradeCompass

Bullish Threshold: Nasdaq Futures bullish above $21,750

Partial-Profit Targets for Bulls (Strategically defined using VWAP & Volume Profile):

• $21,763.5: Just below today’s second upper VWAP standard deviation.

• $21,771: Slightly under yesterday’s POC and today’s third upper VWAP deviation.

• $21,789.5: Slightly below yesterday’s VAH, key resistance in volume profile analysis.

Runner Targets for Extended Nasdaq Price Prediction:

• $21,840: Ideal strategic area above recent tight trading ranges.

• $21,855: Below the May 29th VAH, representing significant historical volume resistance.

• Optional ambitious runner target at $22,000, a psychological round number.

Bearish Trade Plan According to Today’s Nasdaq Analysis with tradeCompass

Bearish Threshold: Nasdaq Futures bearish below $21,740 (below yesterday’s VWAP)

Given the current tight trading range, Nasdaq traders today should employ quick partial profit-taking to manage risk effectively.

Partial-Profit Targets for Bears:

• $21,734: Quick initial profit target for immediate risk reduction.

• $21,726: VWAP standard deviation band offering logical support.

• $21,713: Key high-volume node identified in yesterday’s volume profile.

• $21,704.5: Slightly above the POC from two days ago, a strong volume-based support.

• $21,629: Near June 3rd VWAP, representing another high-confidence area.

• $21,591: Just above June 3rd VAL, marking a deep but feasible bearish target.

Trade Management Reminders for Nasdaq Traders Today

• Consider taking partial profits at defined targets to mitigate risk.

• After reaching the second profit target, Nasdaq traders may consider moving stops to entry to protect gains, though adjustments should align with individual trading strategies and risk tolerance.

• Regularly reassess your positions as per evolving price action and market dynamics.

Disclaimer:

Rebranding Notice

This Nasdaq analysis today is brought to you by tradeCompass, soon to be part of investingLive.com, your comprehensive source for stocks, commodities, crypto, and investing insights.

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Stay ahead with timely stock picks, market insights, and real-time updates by joining the investingLive.com Stocks Telegram channel today! This Nasdaq analysis today provides directional guidance only and is not financial advice. Always trade responsibly according to your personal strategy and risk management protocols.

This article was written by Itai Levitan at www.forexlive.com.

Japan finance ministry 30 year Japanese Government Bond auction bid-to-cover ratio 2.92

• prior sale 3.07
• & 12-month average 3.39
• weakest demand ratio since 2023 (in December 2023 ut was 2.615)
• average yield 2.904%, yield at lowest accepted price 2.938%
• auction tail at 0.49 yen versus 0.30 yen at previous auction

Not strong results in Japan. The weak demand reflects the concerns over rising yields globally, not just in Japan.

Added:

• Yield on 20-yr JGB pares decline after auction results, last down 3.5 bps at 2.39%

• Yield on 30-yr JGB pares decline after auction results, last down 2.5 bps at 2.92%

Finance minister Kato

This article was written by Eamonn Sheridan at www.forexlive.com.

• Federal Reserve’s Kugler and Harker to speak on economy & policy Thursday
• China Securities Journal says PBOC may cut RRR to ensure reasonable liquidity in 2h25
• Bank of England Monetary Policy Committee member Megan Greene speaks Thursday
• China Caixin Services PMI (May) 51.1 (prior 50.7)
• Australian April goods exports -2.4% m/m (prior +7.6%)
• More on: US auto suppliers urge swift response to China’s rare earth export curbs
• PBOC sets USD/ CNY mid-point today at 7.1865 (vs. estimate at 7.1762)
• Amazon prepares to test humanoid robots for delivering packages
• Ukraine and the US are working to launch a joint minerals fund by the end of the year
• US auto group urge “immediate and decisive action” on access to Chinese rare earths
• Japan April inflation adjusted wages -1.8% y/y, down for a fourth month
• Fed’s Kashkari says the labour market is showing some signs of slowing down
• RBC says the USD ‘remains extremely overvalued’, ‘much more weakness still lies ahead’
• Czech central bank board member prefers to leave rates on hold at June meeting
• Musk’s opposition is ‘one disagreement’ in an otherwise harmonious relationship
• TD add another RBA 2025 interest rate cut to their forecast: 25bp cut in August, November
• Deutsche Bank is maintaining its call for a 1.50% ECB terminal rate, but notes upside risk
• Saudi Arabia pushing OPEC+ for a faster pace of oil production increases in coming months
• ICYMI: Saudi Arabia lowered some July price of crude for Asia, raised for Northwest Europe
• Forexlive Americas FX news wrap: US dollar falls after soft ADP and ISM data
• Trade ideas thread – Thursday, 5 June, insightful charts, technical analysis, ideas

Major currencies traded in narrow ranges during the Asian session, with light news flow and the focus on Japanese wage data and China’s Caixin Services PMI.

In Japan, wages rose year-on-year in April, with base pay recording its fastest growth in four months. However, high inflation continued to erode household purchasing power, with real wages falling for the fourth straight month. The ongoing decline in inflation-adjusted earnings is another complication the Bank of Japan faces in its plans to normalise policy.

China’s Caixin/S&P Global Services PMI for May rose to 51.1 from 50.7 in April, marking 29 consecutive months of expansion since January 2023. The print slightly beat expectations (51.0), with improved domestic demand and business confidence. However, foreign demand slipped into contraction for the first time this year. The Composite PMI dropped to 49.6—its lowest since December 2022—reflecting the drag from earlier-released weak manufacturing data.

FX markets remained subdued, with traders now turning attention to the upcoming European Central Bank decision, where a 25bp rate cut is widely expected.

Decision due from the ECB at 1215 GMT/0815 US Eastern time. Lagarde’s press conference follows a half hour later.

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the ‘prior’ (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

This article was written by Eamonn Sheridan at www.forexlive.com.

Saudi Arabia is pushing for OPEC+ to maintain its faster pace of oil production increases in the coming months, aiming to regain market share rather than support prices, according to sources familiar with the matter. This according to a Bloomberg (gated) report.

In summary:

• Saudis wants at least 411,000 barrels per day added in both August and possibly September
• major shift in Saudi strategy — moving away from price defence via output cuts to actively increasing supply, even at the cost of lower prices
• some OPEC+ members like Russia, Algeria, and Oman wanted to pause the increases
• Saudi Arabia sees high seasonal demand as justification to continue

—

The next OPEC+ meeting is scheduled for July 6, when output policy for August will be decided.

Brent update:

This article was written by Eamonn Sheridan at www.forexlive.com.

Saudi Arabia state-owned oil company Saudi Arabian Oil Co. (Aramco) lowered its official selling price for July loadings of Arab Light to Asia to $1.20 a barrel above the Oman/Dubai average, $1.40 in June.

Aramco’s latest pricing moves suggest a softer demand outlook in Asia, with cuts across its light and medium crude grades, while the price for Arab Heavy remained unchanged.

In contrast, the company raised its prices to Northwest Europe and the Mediterranean by $1.80 per barrel. U.S. buyers saw modest increases of $0.10 for Arab Extra Light and Light, with no change to Medium and Heavy grades.

–

The decision came just as OPEC+ members agreed on Saturday to step up production for a third straight month in July, adding to concerns of a supply glut amid an uncertain demand environment.

This article was written by Eamonn Sheridan at www.forexlive.com.

Curry is the CEO of Thirty Ink, which generated $174 million in revenue last year, and all of its business units are profitable, the company told CNBC Sport.

The new group will help develop an agentic AI “framework” for use in its robotics operations, an application often referred to as “physical AI.”

Nikesh Arora, the CEO of Palo Alto Networks, is joining the board of Uber. Prior, he was COO of Softbank and also held positions at Google and T-Mobile.