How To Make Money Today: Dow Jones Daily Market Analysis and Forex Trading Signals 13 January 2022

To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…

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Dow Jones Industrial Average:

On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 36928 which is in line with horizontal swing high resistance from 1st support at 36156, which is in line with horizontal overlap support and 38.2% Fibonacci retracement level. Alternatively, price may break 1st support structure and head for 2nd support at 35415, which coincides with horizontal swing low support and 61.8% Fibonacci retracement level and 127.2% Fibonacci extension.

Areas of consideration:

H4 time frame, 1st resistance of 36928
H4 time frame, 1st support of 36156

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