Forex Trading Library

Dow Jones–04.04.2025

Technical Analysis
By Rami Abu-Draa
Dow Jones–04.04.2025
0 26

Dow is closing from short run support 38800 which may push for some rebound correction toward 39800-900 zone

Below 38800 market may enter new drop wave toward 37500

SUPPORT RESISTANCE
LEVEL1 38800-40 39700
LEVEL2 38400 40460
LEVEL3 38000 41000

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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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