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US30 Daily Market Analysis—December 6, 2024 by Kohinoor Free VIP Signals

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Intraday Signals

Buy Signal

  • Trade Entry: 44750 USD

  • Stop Loss: 44650 USD

  • Take Profit 1: 44850 USD

  • Take Profit 2: 44900 USD


Sell Signal

  • Trade Entry: 44650 USD

  • Stop Loss: 44750 USD

  • Take Profit 1: 44550 USD

  • Take Profit 2: 44500 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.

Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.


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Market Analysis

Current Market Overview

As of today, the US30 index is trading at 44724 USD. This analysis will explore various technical indicators, including Fibonacci Retracement Levels, EMA, RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support & Resistance Levels, Order Blocks, and MACD.


Support & Resistance Levels

Daily Time Frame

  • Support Levels:

    • 44500 USD

    • 44600 USD

    • 44700 USD

  • Resistance Levels:

    • 44800 USD

    • 44900 USD

    • 45000 USD

4-Hour Time Frame

  • Support Levels:

    • 44550 USD

    • 44650 USD

    • 44750 USD

  • Resistance Levels:

    • 44850 USD

    • 44950 USD

    • 45050 USD

Fibonacci Retracement Levels

Using the recent swing high and low, the key Fibonacci levels are:

  • 38.2% Level: 44750 USD

  • 50% Level: 44800 USD

  • 61.8% Level: 44850 USD

Exponential Moving Averages (EMA)

Daily Time Frame

  • 50 EMA: 44680 USD

  • 100 EMA: 44590 USD

  • 200 EMA: 44500 USD

  • 400 EMA: 44350 USD

4-Hour Time Frame

  • 50 EMA: 44700 USD

  • 100 EMA: 44600 USD

  • 200 EMA: 44550 USD

  • 400 EMA: 44450 USD

RSI Divergence

The current RSI indicates a potential divergence, suggesting that the price movement may not be supported by momentum, which could lead to a reversal in the near term.

Order Blocks

Identifying key order blocks can provide insight into where institutional buying or selling might occur. The notable order block is around 44700 USD, which has previously shown strong buying interest.

MACD Analysis

The MACD is currently in a bullish crossover, indicating potential upward momentum. However, traders should remain cautious as the market is near resistance levels.


the mind map for the US30 Daily Analysis Summary on December 6, 2024, by Kohinoor Free VIP Signals

Summary

US30 Daily Analysis Summary by Kohinoor Free VIP Signals – Join Us

FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals


Key Levels

  • Daily Support Levels: 44500 USD, 44600 USD, 44700 USD

  • Daily Resistance Levels: 44800 USD, 44900 USD, 45000 USD


Exponential Moving Averages (EMA) Levels

Daily Time Frame:

  • 50 EMA: 44680 USD

  • 100 EMA: 44590 USD

  • 200 EMA: 44500 USD

  • 400 EMA: 44350 USD


4-Hour Time Frame:

  • 50 EMA: 44700 USD

  • 100 EMA: 44600 USD

  • 200 EMA: 44550 USD

  • 400 EMA: 44450 USD


Weekly Pivots

  • Pivot 1: 44800 USD

  • Pivot 2: 44900 USD

  • Pivot 3: 45000 USD


Daily Pivots

  • Pivot 1: 44700 USD

  • Pivot 2: 44750 USD

  • Pivot 3: 44800 USD


Fibonacci Levels

  • 38.2%: 44750 USD

  • 50%: 44800 USD

  • 61.8%: 44850 USD


Fundamental Analysis and USD News

📈 Upcoming important USD news includes the Non-Farm Payroll (NFP) report scheduled for next week, which could significantly impact the US30 market. Traders should be aware of how these economic indicators might affect market volatility.



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.What are the benefits of using trading signals?

Trading signals provide insights into market trends, helping traders make informed decisions, minimize risks, and maximize profits.


4.How can I improve my trading skills?

Improving trading skills involves continuous education, practicing strategies, and utilizing resources like Level 1 Forex Trading Educational Videos.

5.What is the best time to trade the US30?

The best time to trade the US30 often coincides with high volatility periods, typically during major market openings and economic news releases.


6.How do I manage risk in trading?

Effective risk management includes setting stop-loss orders, diversifying your portfolio, and only risking a small percentage of your capital on each trade.


7.Can I trade the US30 on weekends?

No, the US30 is typically traded during market hours on weekdays only.


8.How does market sentiment affect US30 trading?

Market sentiment can significantly influence US30 prices, with positive news often leading to price increases and negative news causing declines.

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