Categories: Technical analysis

Dow Jones Wave Analysis – 1 July 2025

Dow Jones: ⬆️ Buy

– Dow Jones broke the resistance zone

– Likely to rise to resistance level 45000.00

Dow Jones index recently broke the resistance zone located at the intersection of the resistance level 44000.00 (former top of wave iv from March) and the resistance trendline of the daily up channel from May.

The breakout of this resistance zone accelerated the active impulse wave (3) – which is part of the multi-month upward ABC correction 2 from April.

Dow Jones index can be expected to rise to the next resistance level 45000.00 (target price for the completion of the active impulse wave (C)).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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Tags: Dow Jones

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