Forex Trading Library

Dow Jones –15.01.2025

Technical Analysis
By Rami Abu-Draa
Dow Jones –15.01.2025
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The Dow managed to hold trades above the support zone of 41600-700 and managed to rebound toward the first target of 42100 and above.

The market still has room for more advance to test 42700.

SUPPORT RESISTANCE
LEVEL1 42000 42500-600
LEVEL2 41600 43000-50
LEVEL3 40700 43300

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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.

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