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US30 Daily Market Analysis—December 31, 2024 by Kohinoor Free VIP Signals

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Intraday Signals

Buy Signal

  • Trade Entry: 42580 USD

  • Stop Loss: 42450 USD

  • Take Profit 1: 42650 USD

  • Take Profit 2: 42700 USD

Sell Signal

  • Trade Entry: 42520 USD

  • Stop Loss: 42600 USD

  • Take Profit 1: 42450 USD

  • Take Profit 2: 42400 USD

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.

Market Analysis

Overview of US30

The US30 index currently sits at 42543 USD, reflecting the broader performance of the U.S. stock market. Traders are keenly observing key indicators to make informed decisions. This analysis will cover essential aspects such as support and resistance levels, Fibonacci retracement levels, and various technical indicators to provide a comprehensive market outlook.

Support & Resistance Levels

Understanding support and resistance levels is crucial for making trading decisions.

  • Daily Time Frame:

    • Support Levels:

      • 42300 USD

      • 42400 USD

      • 42500 USD

    • Resistance Levels:

      • 42600 USD

      • 42700 USD

      • 42800 USD

  • 4-Hour Time Frame:

    • Support Levels:

      • 42450 USD

      • 42500 USD

      • 42520 USD

    • Resistance Levels:

      • 42650 USD

      • 42700 USD

      • 42750 USD

Fibonacci Retracement Levels

Fibonacci levels help identify potential reversal points:

  • Daily Swing Levels:

    • 23.6%: 42650 USD

    • 38.2%: 42580 USD

    • 61.8%: 42450 USD

Exponential Moving Averages (EMA)

The EMA provides insights into market trends:

  • Daily EMA Levels:

    • 50 EMA: 42600 USD

    • 100 EMA: 42500 USD

    • 200 EMA: 42400 USD

    • 400 EMA: 42300 USD

  • 4-Hour EMA Levels:

    • 50 EMA: 42580 USD

    • 100 EMA: 42520 USD

    • 200 EMA: 42480 USD

    • 400 EMA: 42400 USD

RSI Divergence

The Relative Strength Index (RSI) is currently neutral, indicating potential consolidation. Watch for divergence patterns that could signal a trend reversal.

Order Blocks

Identified order blocks around 42450 USD act as significant support. If tested, this level may provide a solid buying opportunity.

MACD Analysis

The MACD shows bullish momentum, with the MACD line above the signal line, indicating potential upward movement in the US30.


Here’s the US30 Daily Analysis Summary for December 31, 2024, presented in a mind map format for easy reference:

Summary of Key Levels

💡 US30 Daily Analysis Summary by Kohinoor Free VIP Signals – WhatsApp

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Key Levels

  • Daily Support and Resistance:

    • Support: 42300 USD, 42400 USD, 42500 USD

    • Resistance: 42600 USD, 42700 USD, 42800 USD

  • Exponential Moving Average (EMA) Levels:

    • Daily:

      • 50 EMA: 42600 USD

      • 100 EMA: 42500 USD

      • 200 EMA: 42400 USD

      • 400 EMA: 42300 USD

    • 4-Hour:

      • 50 EMA: 42580 USD

      • 100 EMA: 42520 USD

      • 200 EMA: 42480 USD

      • 400 EMA: 42400 USD

  • Weekly Pivots:

    • Pivot Point: 42550 USD

    • Support: 42350 USD, 42250 USD

    • Resistance: 42650 USD, 42750 USD

  • Daily Pivots:

    • Pivot Point: 42500 USD

    • Support: 42400 USD, 42350 USD

    • Resistance: 42600 USD, 42650 USD

  • Fibonacci Retracement Levels:

    • 23.6%: 42650 USD

    • 38.2%: 42580 USD

    • 61.8%: 42450 USD

Fundamental Analysis and USD News

📈 Upcoming important USD news includes the Non-Farm Payrolls report and CPI data. These indicators can significantly impact the US30 market sentiment, making it crucial for traders to stay informed.

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 Gold Forex Trading Ebooks 💡 Free Kohinoor Free VIP Signals Education Articles & Blog

  2. Which brokers are trusted for Gold Forex Crypto trading? Based on client feedback, we recommend brokers like:

  3. How can I improve my trading skills? Engaging with Kohinoor Free VIP Signals’ educational resources will help enhance your trading knowledge.

  4. What is the best time to trade US30? The best time to trade US30 is during the overlap of major market sessions, particularly during the London and New York sessions.

  5. How do I manage risk while trading? Utilizing strict stop-loss orders and proper position sizing are essential for managing risk effectively.

  6. Can I trade US30 with a small account? Yes, many brokers offer micro accounts that allow trading US30 with minimal capital.

  7. What tools do I need for successful trading? Essential tools include a reliable trading platform, technical analysis software, and access to market news.

  8. How does news affect the US30 market? Market sentiment can shift dramatically based on economic news releases, making it crucial for traders to stay informed.

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