Forex Trading Library

Dow Jones – 30.04.2025

Technical Analysis
By Rami Abu-Draa
Dow Jones – 30.04.2025
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The Dow still holds trades below the resistance of 40915 which keeps the chance for another drop wave toward the 37500-800 zone.

Above 40915 more advance toward 41200 and 41800 could hit the market.

SUPPORT RESISTANCE
LEVEL1 40100 40915
LEVEL2 39695 41200
LEVEL3 39240 41800

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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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