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US30 Daily Market Analysis 25th Oct 2024 by K9 Investments Trading


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current US30 price is 42,339 USD


Intraday Signals (US30)

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Signal 1:

  • Buy at 42,310 USD

  • Stop Loss: 42,150 USD

  • Take Profit 1: 42,520 USD

  • Take Profit 2: 42,700 USD

Signal 2:

  • Sell at 42,380 USD

  • Stop Loss: 42,520 USD

  • Take Profit 1: 42,200 USD

  • Take Profit 2: 42,050 USD

💡 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.

Comprehensive Market Analysis for US30

Support & Resistance Levels on Daily and 4hr Timeframes

The US30 is currently hovering near a critical support level at 42,200 USD on the 4hr chart. On the daily chart, we have resistance at 42,500 USD, which aligns with recent price rejections. If the price breaks above this, the next target is the 42,700 USD level, providing further confirmation for long trades.

Fibonacci Retracement Levels

Using the latest swing high of 42,700 USD and the swing low of 42,000 USD, key Fibonacci retracement levels are:

  • 23.6%: 42,160 USD

  • 38.2%: 42,300 USD

  • 61.8%: 42,470 USD

These levels align with daily pivots, creating confluence zones that traders should watch for potential reversals or breakout opportunities.

EMA Analysis on Daily and 4hr Timeframes

On the Daily timeframe, the EMA values are as follows:

  • 50 EMA: 42,180 USD

  • 100 EMA: 42,400 USD

  • 200 EMA: 42,670 USD

  • 400 EMA: 43,000 USD

On the 4-hour timeframe, the EMAs provide support and resistance zones:

  • 50 EMA: 42,250 USD

  • 100 EMA: 42,360 USD

  • 200 EMA: 42,550 USD

  • 400 EMA: 42,900 USD

The 50 EMA on the 4-hour chart is providing a solid support level, offering opportunities for buying on dips.

RSI Divergence

There’s RSI divergence on the 4-hour chart, where price action shows higher highs, but the RSI is making lower highs. This signals potential exhaustion in the current uptrend, making it a key factor to consider for intraday traders looking for reversal setups.

Order Blocks

Significant order blocks can be found at 42,150 USD and 42,500 USD. These levels are essential to monitor, as they indicate where large institutional orders may be placed.

MACD

The MACD on the daily chart shows bullish momentum, with the signal line crossing above the zero line, confirming upward movement. However, on the 4-hour chart, the MACD is approaching a potential crossover for a bearish signal, adding weight to the idea of short-term retracements.

Upcoming USD News

This week, traders should pay close attention to the upcoming U.S. GDP Report and the Non-Farm Payrolls report. These reports are likely to cause volatility in the US30 market, especially considering how closely the index tracks overall economic health and investor sentiment.

Summary: US30 Daily Analysis by K9 Investments Trading

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US30

Key Levels

  • Daily Support: 42,200 USD

  • Daily Resistance: 42,500 USD

  • 4-hour Support: 42,150 USD

  • 4-hour Resistance: 42,380 USD

  • Daily EMA Levels:

    • 50 EMA: 42,180 USD

    • 100 EMA: 42,400 USD

    • 200 EMA: 42,670 USD

    • 400 EMA: 43,000 USD

  • 4-hour EMA Levels:

    • 50 EMA: 42,250 USD

    • 100 EMA: 42,360 USD

    • 200 EMA: 42,550 USD

    • 400 EMA: 42,900 USD

  • Fibonacci Levels:

    • 23.6%: 42,160 USD

    • 38.2%: 42,300 USD

    • 61.8%: 42,470 USD

FAQs

1.Why is K9 Investments the best signal provider? K9 Investments offers not only FREE signals but also educational resources, daily market analysis, and e-books to improve your trading.

2.Which brokers are trusted for Gold Forex Crypto trading?

Based on client feedback, the following brokers are trusted:


3.What is the best way to start trading US30?

Starting with a demo account is highly recommended. Gain familiarity with technical indicators like Fibonacci, EMA, and RSI, and develop a strategy before live trading. Access K9 Investments Trading resources here for comprehensive educational support.


4.How do economic events impact US30?

Major U.S. economic events, such as FOMC meetings and Non-Farm Payroll reports, can significantly impact US30 by influencing investor sentiment. Staying updated with key events is crucial for informed trading. Follow K9 Investments Trading for timely analysis on such events.


5.Can I get free US30 signals?

Yes, K9 Investments Trading offers free signals for US30 and other assets through our FREE Telegram Channel. Sign up for accurate and timely setups tailored for traders.



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