– Dow Jones index reversed from major resistance level 35550.00
– Likely to fall to support at 34675.00
Dow Jones index recently reversed down strongly from the major resistance level 35550.00, which reversed the price multiple times from the start of 2022.
The resistance level 35550.00 was strengthened by the upper daily and weekly Bollinger Bands.
Given the strength of the resistance level 35550.00 and the overbought daily Stochastic increase the probability the index will fall further to the next support at 34675.00.
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies