Weekly Forex Outlook Sun.March.23.2025 - Fri.March.28.2025Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
US30 trade ideas
SELL TO GAP IN MARKETOn the 24th of March, there was a gap in the market. This gap needs to be filled in the near future. Fortunately for today, the upward movement has to an for now. Which signaling, the possibility that GAP will be filled soon. Given the recent drop in price from today's highest price, down to 42500. This price level is also a support level on the 25th of March. Price will definitely drop to 42000.
US30 (SHORT)
Price at Fib zone(50%) and mitigation zone confluence area with privots aswell for a down trend reversal.
US30: Sell below $42,360FX:US30 is currently retesting previously broken is currently retesting previously broken support on daily tf.
With price showing bearish divergence, break of support ($42,360) could start a bearish rally on smaller timeframes!
More bulls for US30!!Price is climbing relentlessly after finding support at 40. Waiting for a break above 42.8.and look for good entries
US30 Bullish Higher Time FrameUS30 is showing a bullish pattern of AB=CD pattern as shown on the chart.
US30 SELL OPPORTUNITY Price just got resisted around the area of $42,637 a sell opportunity is envisaged from the current market price. In higher timeframe, the daily , and the H4, sellers are dominating the market. This is an intraday sell opportunity
Dow Jones INTRADAY awaits US Consumer Confidence dataThe Consumer Confidence Index, set to be released today at 14:00 GMT by the Conference Board, measures consumer sentiment on spending, jobs, inflation, and the economy. Since consumer spending drives the U.S. economy, a strong reading can signal bullish momentum for equities, while a weak reading may indicate bearish sentiment. Traders watch this data closely for insights into market direction.
Key Support and Resistance Levels
Resistance Level 1: 42847
Resistance Level 2: 43162
Resistance Level 3: 43442
Support Level 1: 41828
Support Level 2: 41400
Support Level 3: 40687
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US30 Market Outlook – 25/03/2025🚨 US30 Market Outlook – 25/03/2025 🚨
📊 Structure Overview
US30 continues its bullish climb, now trading near a key resistance zone at 42,631. The recent rally from the 41,460 - 41,530 support zone has been strong, but momentum is slowing near this resistance.
🔍 Key Observations:
✅ Bullish Momentum – Price riding above EMAs with clean higher highs/lows.
✅ Major Resistance – Sitting just under 42,631, with the next levels at 42,787 - 43,021.
✅ Support Zone – Strong demand seen around 41,460 - 41,530, which sparked the current rally.
🎯 Trade Scenarios:
🔹 Bullish Bias if price breaks & holds above 42,631, targeting 42,787 - 43,021.
🔻 Bearish Pullback possible if rejection at current level, with potential drop to 42,100 - 41,800.
📌 Outlook Summary:
US30 remains bullish, but extended. Watch for either a clean breakout above resistance or a pullback to key support. Volume and structure will confirm the next move.
increased DowJonesIn my opinion DowJones will increase. Based on the analysis, you can enter a buy position on US30 with a small risk margin!
US30 looks bullish after new quarter US30 looks bullish, the new quarter has kicked in
Seasonal Tendacies suggest higher price
DJI CHART UPDATEDJI, TRENDS AND HORIZONTAL TRADING TARGETS MARKED
There is a neat area around the 42k mark and specifically the 41.8k mark.
RSI and Trends point that the next move might be a sharp down move, however, it falls right to a trend, which then rises to a rejection trend, the rejection trend aligns with horizontal support and takes it up and out with potentially as high as 55k, but more likely it looks like 47k, and then a retracement which would then take it higher to around that 70k (74K) mark, However, this move would be highly dependent on the path it takes, Which usually drops it to around 63k, which then takes it upwards to the 145k mark. Again, this is a LONG way out and you'll need new charts by that point in time.
In the near future, you need to know that indicators on the long term charts and short term charts are overvalued and falling towards support meaning that looks like a better than average opportunity to buy the dip.
Thanks, my dog is trying to eat my food as I type so I'll keep this short.
Good luck, follow the trends and price targets and ignore the orange guideline because the further it gets from the source, the less accurate it will become requiring you to readjust your trends and lines.
US30 Analysis Using Elliott Wave READ INSIDE
US30 Analysis Using Elliott Wave
Current Market Structure & Elliott Wave Count
Wave 3 High Completed around 42,600-42,700
Wave 4 Pullback in Progress targeting 42,200 - 42,000
Potential Wave 5 Extension towards 42,800 - 42,900
Trading Strategy & Execution Plan
Bullish Scenario (Wave 4 Completion & Wave 5 Start)
📌 Long Entry:
Buy at: 42,200 - 42,000
Stop Loss (SL): 41,800
Take Profit (TP1): 42,500
Take Profit (TP2): 42,800
Take Profit (TP3): 42,900
🎯 Probability: 70% (If price finds support above 42,000)
Bearish Scenario (Wave 4 Deeper Correction or Reversal)
📌 Short Entry:
Sell at: 42,600 - 42,700 (Wave 3 High Rejection)
Stop Loss (SL): 42,850 (Above Wave 5 Expected Move)
Take Profit (TP1): 42,300
Take Profit (TP2): 42,000
Take Profit (TP3): 41,700
🎯 Probability: 65% (If price rejects 42,600 resistance)
Final Thoughts & Risk Management not financial advise
✅ Bias: Bullish above 42,000, Bearish below 41,900
✅ Risk/Reward Ratio: 1:3 for Both Scenarios
✅ Volatility Factor: Use Smaller Lot Size at Key Levels
Dow Jones Wave Analysis – 24 March 2025
- Dow Jones reversed from support zone
- Likely to rise to resistance level 43000.00
Dow Jones index continues to rise inside the short-term correction iv which started earlier from the support zone located between the support level 41000.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from August.
The active correction iv belongs to the C-wave of the extended ABC correction (4) from the start of December.
Given the long-term uptrend, Dow Jones index can be expected to rise to the next resistance level 43000.00.
US30 Trade Outlook – 24/03/2025📊 Market Structure & Key Levels
US30 continues its bullish momentum, breaking through resistance levels and pushing toward key supply zones. Price is now approaching a major area where sellers may step in.
🔍 Key Observations:
✅ Strong Bullish Push – Clear higher highs and higher lows forming.
✅ Next Resistance Zones:
‣ 42,787 – 42,872
‣ 43,021 – 43,200
✅ Support to Hold: 42,000 – 41,700 zone
🎯 Trade Plan:
🔹 Long continuation if price breaks 42,872 with volume → Target 43,200
🔻 Short setup if price rejects 42,872 – 43,021 → Target 42,000 – 41,700
⚡ Stay sharp. Don’t chase. Wait for structure & confirmation. 🔥
The Dow Jones Industrial Average (US30) 23 MARCH 2025The Dow Jones Industrial Average (US30) is currently trading within a well-defined ascending channel, maintaining its long-term bullish structure. Price recently tested the lower boundary of the channel, aligning with a strong demand zone around 40,892 - 40,053, and is now showing signs of a potential reversal. The smart money concept (SMC) perspective suggests that institutions may have accumulated positions at this level, preparing for a bullish move toward the 44,500 - 44,800 supply zone. If price sustains above 42,000, buyers could take control, targeting liquidity above previous highs.
From a supply and demand standpoint, the 40,892 - 40,053 level acted as a key demand zone, where buyers aggressively stepped in to defend the trend. The next area of interest is the 44,502 - 44,809 supply zone, which aligns with historical resistance. If price reaches this level, we may see profit-taking or a potential rejection. However, a break above 44,809 would indicate bullish continuation toward new all-time highs.
On the fundamental side, several factors support a potential bullish move. Federal Reserve policy remains a key driver; if the Fed signals rate cuts later in 2025 due to slowing inflation, equities could rally further, benefiting the Dow. Additionally, US economic resilience, strong labor markets, and robust earnings from industrial and financial sectors could provide further upside momentum. On the downside, risks remain from geopolitical tensions, trade wars, and inflation concerns, which could create volatility and potential corrections.
Given these factors, a long trade setup appears favorable. The ideal entry point would be near 42,000, aligning with trendline support and demand. A stop-loss below 40,800 would protect against an unexpected bearish break. Take-profit targets include 44,500 (supply zone) and 44,800 (liquidity sweep level), where price may face resistance. However, if price fails to hold 42,000, a deeper retracement toward 38,473 could be possible before the next bullish impulse.
Would you like me to refine this setup further with risk management and position sizing details? 🚀
US30 - Potential Targets How I see it in the shorter term:
KEY LEVEL OF CONFLUENCE, NOW SUPPORT @ 41640.00
Potential "LONG" -
TP 1 = 42355.00
TP 2 = 42890.00
Potential "SHORT" -
(Requires a break and hold below KEY SUPPORT)
TP 1 = 40652.00
Keynote:
Stocks are still not showing the "reversal" type quality and energy.
Upwards might only be a higher TF correction.
On the 4HR TF there is also signs of a potential bearish flag.
Thank you for taking the time to study my analysis
US30 analysis SCENARIO 1 (sells)
Gold is in a bullish momentum, so the current bearish move in conjunction with the trump tariffs should
have us see a good retest zone back to the upside with continious bad news occuring in the US
Recent high impact events have been in the red (when you see a red number that means that the release of certain data was lower than what was expected)
In the upcoming weeks, we have the Standard & poors global manufacturing PMI and the S&P Global services PMI with the consensus for
each to be 51.9 and 51.2 which is accounting for a drop in the S&P Manufacturing PMI but a 0.2 % increase in the S&P global services PMI
for beginners, understand that these are economic indicators to show people how a courntries economy is doing with Manufacturing PMI
leading towards the production of goods in the US.
Now I believe that both actual results when released will be negative due to the fact that the current tariff hits have been hurting the US.
This will lead to a bearish market open on the Nasdaq and US30 indices and a buy on gold.
Why this is so is a lower number than the consensus (the consensus refers to a healthy number for the economy to "be at" for that month) meaning
a lower result than what they have put will lead to a brief economic panic with investors taking sells on their postitions on the top 30 and 100 businesses
(nasdaq and US30) and the further sells on the US market from retail investors will cause a greater bearish move on Monday.
Now the reason why Gold goes up is because it is a security, safe haven for investors. When Investors take their cash out of their stocks
and when their is more economic stress then there will be more reason to invest into a safe commodity like gold.
More news to note is the tesla stock crash which is a driving factor of the current losses in the Nasdaq and the S&P and the Dow jones. The upcoming tariffs will
see a downturn in the market.
Now that is my bet, we need to add these fundamentals in with perfect technical anlysis entry points
US30 POTENTIAL INTRADAY SELL OPPORTUNITY ON TAP!Price is beginning to retrace in H4 timeframe. We can spot price In rising channel form. Which we can see as a bearish continuation pattern. A deeper retracement to 61.8% Fibonacci Can provide us a potential sell entry.
dow Jones Industrial Average indesX ( US30)BLACKBULL:US30 Trading nearly Support Let's see what happens.
US30BUY Opportunity
- Base channel on Daily time frame retested indicating end of Wave 4.
- Buy opportunity towards wave 5, potentially at price - 47 838.64
Buy Confirmation
- On 2 Hour timeframe, Bos and with a leading diagonal.
- We then place a buy limit at 41 087.27 as the demand zone
This is not investment advise. Enter at your own risk.
Where are high probable trades are found?High probable trades and high quality set ups are found in your premium and discount levels.
US30 BEARISH BIAS RIGHT NOW| SHORT
US30 SIGNAL
Trade Direction: short
Entry Level: 41,902.2
Target Level: 40,698.3
Stop Loss: 42,704.8
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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