country flagالعربية

Best Opportunities, Vision and Technical Analysis for The DOW JONES 15 April 2019

2019-04-14 10:48 pm | Resource: Technical Analysis | No Views : 414

We offer you the analysis of the Dow Jones Industrial Average30 on Monday, April 15, 2019, with the most important forecast for the Dow Jones US market.
Time frame Used - four hours
The Dow Jones industrial average is moving in a sideway direction in the near term.
The Dow Jones broke the resistance level 26245 to hit the level of 26417 nearly from level of  as it faces selling pressure around this level.
In view of the technical indicators
Both the RSI and the Stochastic are indicating to the arrival of the indicator to the overbought area.
Accordingly, we expect that the Dow jones will test 26494 level and then return to test levels of  26245 - 26112 again.
The alternative scenario is that the Dow Jones is breaching 26494 level to target 26700 level.
Resistance: 26494-26700 - 26800
Support: 26245-26112-26000
Direction: sideway
Technical Analysis
Stocks and indices Analysis
Bit coin News

Other news

US markets open higher with Microsoft reaching record highs

  Wall Street's main stock indexes were trading with Friday's gains and the Dow Jones industrial average jumped more than 100 points amid second-quarter earnings releases in which Microsoft, the world's most valuable publicly traded company, posted better-than-expected earnings, leading to all-time highs Before the bell. Investors were paying close attention to James Pollard's comments from the Fed and John Williams, where US President Donald Trump called for cutting interest…

More news

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.