 |
| Technical Outlook for Dow Jones 11-6-2015 |
Dow Jones moved last Friday in the average movement of 190 pips, its highest level at 18042 and the lowest Level at 17853 and closed at 17902 to lose 193 pips, According to Friday’s economic data...
Dow opened today's trading at volatile between 17800 and 17850 during the Asian session trading at 50 pips for the poor liquidity in the market range, and in the European session the pair went up to 17866.
Dow moves in a series of up impulse waves after breaking the price channel...
It is expected that the oil is heading targeting 18000 as the target on time frame of four hours and till now we see the Bulls control on market direction
And the Relative Strength Indicator "RSI" show us accumulation operations at the market
Today we could see sharp trading because of the economic data from USA
Support levels: 17822 and 17743 and 17633
Resistance levels: 18011 and 18121 and 18200
for more Technical Outlook fxstations
0 comments:
Post a Comment