Forex Trading Library

Dow Jones –19.02.2025

Technical Analysis
By Rami Abu-Draa
Dow Jones –19.02.2025
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The Dow managed to retreat below the support of 44400 and held above the second support of 44220 so far.

As we see over the chart, the advance wave has a chance if prices hold above 44220.

Below 44220 more pressure could affect the market for a drop with support around 43700.

SUPPORT RESISTANCE
LEVEL1 44220 44740
LEVEL2 43700 45100
LEVEL3 43200 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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