How To Make Money Today: Dow Jones Daily Market Analysis and Forex Trading Signals 17 March 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 price moving above the ichimoku cloud, we have a bias that price will rise to 1st resistance at 34054 in line with the swing high resistance from 1st support at 33183 in line with the swing low support and 50% Fibonacci retracement. Alternatively, price may break 1st support and head for 2nd support at 32717 in line with the horizontal swing low support. Our bullish bias is further supported by how price broke the descending trendline and is expected to retest the trendline.

Areas of consideration :

H4 1st support at 33183
H4 1st resistance at 34054

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