How To Make Money Today: Dow Jones Daily Market Analysis and Forex Trading Signals 15 February 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 Analysis:

On the H4, with prices moving below the ichimoku cloud, we see the potential for a drop to our 1st support at 33656 in line with horizontal swing low support from our 1st resistance at 34705 in line with the 23.6% Fibonacci retracement. Alternatively, price may break 1st resistance structure and head for 2nd resistance at 35699, in line with the horizontal overlap resistance and 78.6% Fibonacci retracement.

Areas of consideration:

H4 time frame, 1st resistance of 34705
H4 time frame, 1st support of 33656

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