Forex Trading Library

Dow Jones –17.02.2025

Technical Analysis
By Rami Abu-Draa
Dow Jones –17.02.2025
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The market is facing the first support around 44400, where as long as prices hold above it, the advance wave could sustain toward 45100.

Below 44400 more of a drop could hit the market with supports at 44220 and 43700.

Above 45100 more advance toward 45600 and above could hit the market.

SUPPORT RESISTANCE
LEVEL1 44400 44800
LEVEL2 44220 45100
LEVEL3 43700 45600

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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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