Technical Analysis for Dow Jones Index (US30)
The Dow Jones Index is moving in an upward trend on both the daily and 4-hour timeframes. Prices have successfully formed an IFVG area around 46,154 and bounced upward. Currently, prices are trading near 46,453, and a continued bullish movement is expected throughout the day.
Key Economic News
There are no major economic events for the U.S. dollar today, so we expect steady and consistent movements on the Dow Jones Index.
Liquidity Levels
The index is expected to target 46,665 followed by 47,075.
The bullish scenario will be invalidated if prices revisit 45,775.
