country flagالعربية
0

DOW JONES Technical analysis 11 July 2018

2018-07-11 05:38 am | Resource: Technical Analysis | No Views : 135

Time frame Used - four hours
The Dow Jones industrial average 30  is moving in a bullish direction in the near term
DOW JONES CHART
The purchasing power managed to control the movement of the Dow Jones to break the resistance level around the level of 24571 to reach the level of 24943
In view of the technical indicators
Both the RSI and the Stochastic are indicating to the arrival of indicators in the overbought area
Accordingly, we expect that  the Dow jones will  test level of 25077
  The alternative scenario is that the Dow Jones breach level of 25077 higher to target level of 25373
Resistance: 25077-25373 - 25506
Support: 24793 - 24571 - 24448
Direction: up
Technical Analysis
Stocks and indices Analysis
Bitcoin News


Other news

US stocks open at record highs

 Two of the three stock indexes opened on record on Friday in New York stock markets. Where fears over the US-China trade war have faded with signs the government in Beijing could ease tensions. Equity investors also appeared to be ashamed of British exit fears, although UK Prime Minister Teresa Mae announced that the EU and its government had reached a "dead end" in the negotiations. Private sector growth slowed…

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 doubts.TradingPekk.com 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.