top of page

US30 Daily Market Analysis 21st OCT 2024 by Kohinoor Free VIP Signals

Kohinoor Free VIP Trading Signals

💬 WhatsApp Kohinoor Free VIP Signals https://www.freevipforexgoldsignals.com for FREE Gold Forex Live Trade Setups & Market Analysis.


 US30 market live price of $43,269


📊 US30 Intraday Signals – 21st Oct 2024

🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals


Buy Signal

  • Trade Entry: 43,100

  • Stop Loss: 42,950

  • Take Profit 1: 43,350

  • Take Profit 2: 43,600


Sell Signal

  • Trade Entry: 43,400

  • Stop Loss: 43,550

  • Take Profit 1: 43,150

  • Take Profit 2: 42,900

💡 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital. You should only trade with money you can afford to lose. Always use proper risk management, take partial profits, and use a strict stop loss. This is not financial advice. Trade at your own risk. Please read and understand our Risk Disclosure.

🔍 US30 Market Analysis for 21st Oct 2024

Today’s US30 analysis focuses on the daily and 4-hour timeframes, incorporating technical indicators like Fibonacci Retracement Levels, EMA (50/100/200/400), RSI divergence, order blocks, weekly/daily pivots, and MACD.


🔷 Key Technical Analysis:

1. Support and Resistance Levels

  • Daily Time Frame:

    • Support: 43,100 | 42,800

    • Resistance: 43,500 | 43,800

  • 4-Hour Time Frame:

    • Support: 43,200 | 43,000

    • Resistance: 43,600 | 43,900

2. Fibonacci Retracement Levels

  • Daily Swing Levels (measured from previous high at $43,900 to low at $42,800):

    • 38.2%: 43,300

    • 50%: 43,350

    • 61.8%: 43,400

3. EMA Levels

  • Daily Time Frame:

    • 50 EMA: 43,200

    • 100 EMA: 43,300

    • 200 EMA: 43,600

    • 400 EMA: 43,800

  • 4-Hour Time Frame:

    • 50 EMA: 43,250

    • 100 EMA: 43,350

    • 200 EMA: 43,500

    • 400 EMA: 43,750

4. RSI Divergence

The RSI on the daily timeframe is showing a bullish divergence around the 43,100 support level, indicating a potential reversal to the upside. Traders should watch for confirmation through price action near this level.


5. Order Blocks

An unmitigated order block is located around 43,300, suggesting possible liquidity pools that could trigger market reactions if price approaches this zone.

6. MACD

The MACD on the 4-hour timeframe is currently crossing upwards, signaling possible bullish momentum over the next trading session. Combined with bullish divergence in RSI, a move towards 43,500 resistance seems plausible.

🔍 Fundamental Analysis & USD News

This week, the market is closely monitoring the U.S. Federal Reserve’s policy announcement. Any indications of further tightening or pausing rates will likely influence US30 volatility. Additionally, the release of U.S. PMI data on Thursday will play a significant role in market sentiment, especially if it reflects a slowdown in manufacturing.

💡 US30 Daily Analysis Summary by Kohinoor Free VIP Signals

🥇 FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals


US30

📊 Key Levels Summary:

Daily Time Frame:

  • Support: 43,100 | 42,800

  • Resistance: 43,500 | 43,800

4-Hour Time Frame:

  • Support: 43,200 | 43,000

  • Resistance: 43,600 | 43,900

EMA Levels:

  • 50 EMA: 43,200

  • 100 EMA: 43,300

  • 200 EMA: 43,600

  • 400 EMA: 43,800

Weekly Pivots:

  • Pivot 1: 43,250

  • Pivot 2: 43,400

  • Pivot 3: 43,550

Daily Pivots:

  • Pivot 1: 43,300

  • Pivot 2: 43,500

  • Pivot 3: 43,600

Fibonacci Retracement Levels:

  • 38.2%: 43,300

  • 50%: 43,350

  • 61.8%: 43,400

📑 FAQs

1.Why is Kohinoor Free VIP Signals the best signal provider?

Kohinoor Free VIP Signals offers not only FREE signals but also educational resources, daily market analysis, and ebooks.

💡 Free Kohinoor Free VIP Signals Education Articles & Bloghttps://www.freevipforexgoldsignals.com/forex-trading-articles

2.Which brokers are trusted for Gold Forex Crypto trading?

Based on client feedback, we recommend the following brokers:

3.How to get free Forex trading signals?

You can join our FREE Telegram channel for real-time signals.

4.How can I start learning Forex trading?

You can start with our Level 1 Forex Trading Educational Videos.

5.What are the benefits of using premium Forex signals?

Premium signals provide more detailed entry/exit strategies, tailored to different trading styles and risk management.

6.Can I use signals without prior trading knowledge?

Yes, but it's advisable to learn the basics of Forex trading first for better understanding and execution.


7.Which currency pairs can I trade with signals?

You can trade major pairs like EURUSD, XAUUSD, BTCUSD, and more using our signals.


8.How accurate are the signals provided?

Our signals have a high accuracy rate backed by technical and fundamental analysis. However, past performance is not indicative of future results.


Hashtags:

Comments


bottom of page