.png)
💬 WhatsApp K9 Investments Trading here for FREE Gold Forex Live Trade Setups & Market Analysis.
Current Market Overview
As of now, the US30 is trading at $42,700 USD. Here are two actionable intraday trading setups:
Buy Setup: If US30 retraces to $42,600, consider entering a long position with a target of $43,000 and a stop loss at $42,400.
Sell Setup: If US30 approaches $42,800, a short position could be initiated with a target of $42,500 and a stop loss at $42,900.
Comprehensive Market Analysis
Support and Resistance Levels
In our analysis of the daily and 4-hour timeframes, we identify critical support and resistance levels:
Daily Support Levels:
$42,500
$42,300
$42,100
Daily Resistance Levels:
$43,000
$43,200
$43,500
Fibonacci Retracement Levels
Using Fibonacci retracement levels based on the recent swing high and low, we can identify potential reversal points:
Daily Swing Levels:
23.6%: $43,000
38.2%: $42,800
61.8%: $42,600
Exponential Moving Averages (EMA)
The following EMA levels are crucial for understanding market trends:
Daily Time Frame:
50 EMA: $42,600
100 EMA: $42,400
200 EMA: $42,200
400 EMA: $41,800
4-Hour Time Frame:
50 EMA: $42,700
100 EMA: $42,600
200 EMA: $42,400
400 EMA: $42,200
RSI Divergence
The Relative Strength Index (RSI) is currently showing signs of divergence, which may indicate potential reversals in the price movement. Traders should monitor the RSI closely for further signals.
Order Blocks
Identifying order blocks on the daily and 4-hour charts will help in understanding where institutional buyers and sellers may be active. Look for areas around $42,600 and $42,800 as potential zones of interest.
MACD Analysis
The MACD indicator is currently in a bearish crossover, suggesting downward momentum. However, traders should remain cautious and look for confirmation before entering positions.
Summary of Key Levels
💡 US30 Daily Analysis Summary by K9 Investments Trading – Join us here
🥇 FREE Telegram Channel: @K9_Investments_GoldTrading
Key Levels:
Daily Support and Resistance:
Support: $42,500, $42,300, $42,100
Resistance: $43,000, $43,200, $43,500
Exponential Moving Average (EMA) Levels:
Daily: 50 EMA: $42,600, 100 EMA: $42,400, 200 EMA: $42,200, 400 EMA: $41,800
4-Hour: 50 EMA: $42,700, 100 EMA: $42,600, 200 EMA: $42,400, 400 EMA: $42,200
Weekly Pivots:
Pivot 1: $42,800
Pivot 2: $42,600
Pivot 3: $42,400
Daily Pivots:
Pivot 1: $42,700
Pivot 2: $42,600
Pivot 3: $42,500
Fibonacci Retracement Levels:
23.6%: $43,000
38.2%: $42,800
61.8%: $42,600
Fundamental Analysis and Upcoming USD News
📈 Keep an eye on upcoming economic events that can significantly impact the US30 market. Key USD news to watch for includes:
Non-Farm Payrolls Report: Scheduled for January 10, 2025, this report can influence market sentiment and US30 prices.
CPI Data Release: Expected later in January, inflation data will provide insights into the economic outlook and may affect US30 as a hedge against inflation.
FAQs
Why is K9 Investments the best signal provider?
K9 Investments offers not only FREE signals but also educational resources, daily market analysis, and ebooks.
Which brokers are trusted for Gold Forex Crypto trading?
Based on client feedback, we recommend brokers like:
What are the benefits of using K9 Investments' trading signals?
K9 Investments provides accurate and timely trading signals that can enhance your trading strategy and improve your profitability.
How can I access free trading education?
Visit our Free K9 Trading Education Articles & Blog for valuable insights.
Is there a community I can join for trading discussions?
Yes! Join our FREE Telegram Channel: @K9_Investments_GoldTrading.
How often are trading signals updated?
Our trading signals are updated daily, ensuring you have the latest information for your trades.
Where can I find free trading ebooks?
Check out our FREE Gold Forex Trading Ebooks for valuable resources.
What is the risk involved in trading?
Trading Forex and CFDs carries a high level of risk to your capital. Always trade with money you can afford to lose.
Disclaimer
Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss and Proper Risk Management.
Comentarios