Forex Trading Library

Dow Jones–05.08.2025

By Rami Abu-Draa Last updated Aug 5, 2025

The Dow managed to hit a rebound towards 43880 and above.
As we see over the Intraday chart, the market is facing resistance around 44380-400 which if managed to hold prices below it, another drop back could hit the market towards the 43050-300 zone
Above 44400 more advance will be expected with resistances around 44750-800 and 45100.

	SUPPORT	RESISTANCE
LEVEL1	43650	44380-400
LEVEL2	43300	44750-800
LEVEL3	43050	45100

Dow Jones

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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