How To Make Money Today: Dow Jones Daily Market Analysis and Forex Trading Signals 20 April 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:

Price is near to the pivot level. We can see a potential for a bearish reversal from 1st resistance level of 34960 along with previous graphical swing high resistance towards the 1st support level of 34174 which lines up with 38.2% Fibonacci retracement. Alternatively, price might break the key resistance level and rise towards the 2nd resistance level of 35310 in line with graphical swing high resistance.

Areas of consideration :

H4 time frame, 1st resistance at 34960
H4 time frame, 2nd resistance at 35310
H4 time frame, 1st support at 34174

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