Forex Trading Library

Dow Jones–18.07.2025

By Rami Abu-Draa Last updated Jul 18, 2025

The Dow managed to test the support at 43870 and pushed for a rebound.

As we see over the Intraday chart, the market is facing resistance around 44650-700, and if prices hold below it, another drop swing could hit the market with support at 43870.
Above 44700 the market could add more advance with resistance around 45100.

	SUPPORT	RESISTANCE
LEVEL1	44200-50	44650-700
LEVEL2	43870	44870
LEVEL3	43550	45100

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.

Gold–18.07.2025

How This Earnings Season Can Shake Up Forex Markets