Forex Trading Library

Dow Jones 2018-03-26

By Rami Abu-Draa Last updated Oct 31, 2021

Dow managed to head for farther drop toward target 23900 and 23500 as we advised last week

Market now insid trading zone where resistance zone laying at 24110-220 where as long as market holding below this zone another drop wave to test support 23300-400 is expected

will expect another advance wave to hit market from 23300-400 toward 24950 target

Above 24220 more advance to tets 24450-60 is expected as we see over the chart

Below 23130 market may head for farther drop wave toward 22500-700 zone

	Support	Resistance
Level 1	23300-400	24110-220
Level 2	23130	24460
Level 3	22700	24980

Dow Jones

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

Gold 2018-03-26

XAUUSD 27-03-2018 Intra-day analysis.