Forex Trading Library

Dow Jones –25.02.2025

Technical Analysis
By Rami Abu-Draa
Dow Jones –25.02.2025
0 26

The Dow managed to meet the target of 43700 last week and broke below it.

As we see over the chart, prices are facing resistances around 43800 and 44200-50 where one of those resistances could keep the downtrend pressure over the Dow for a drop towards 43000 and below.

Above 44250 the market could add more advance with resistance around 44600.

SUPPORT RESISTANCE
LEVEL1 43300 43800
LEVEL2 42970 44200-50
LEVEL3 42700 44600

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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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