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💬 WhatsApp Kohinoor Free VIP Signals here for FREE Gold Forex Live Trade Setups & Market Analysis.
Intraday Trading Signals
Currently, the US30 market price stands at 42,945 USD. Here are two actionable intraday trading setups based on this live price:
Signal 1: Buy Setup
Trade Entry: 42,950 USD
Stop Loss: 42,800 USD
Take Profit 1: 43,200 USD
Take Profit 2: 43,400 USD
Signal 2: Sell Setup
Trade Entry: 42,900 USD
Stop Loss: 43,050 USD
Take Profit 1: 42,650 USD
Take Profit 2: 42,500 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, representing the 30 largest companies in the U.S., has been exhibiting volatility as we approach the year-end. Utilizing various indicators such as Fibonacci retracement levels, EMA, RSI divergence, and Smart Money Concepts (SMC), we can gain insights into potential price movements.
Support & Resistance Levels
Identifying key support and resistance levels is crucial for traders:
Weekly Support Levels:
42,800 USD
42,600 USD
42,400 USD
Weekly Resistance Levels:
43,100 USD
43,200 USD
43,500 USD
Fibonacci Retracement Levels
The Fibonacci retracement levels indicate potential reversal points. Key levels to watch include:
38.2% Level: 42,850 USD
50% Level: 42,500 USD
61.8% Level: 42,300 USD
Exponential Moving Averages (EMA)
Analyzing the EMA on both weekly and 4-hour time frames provides additional insights:
Weekly EMA Levels
EMA 50: 42,700 USD
EMA 100: 42,500 USD
EMA 200: 42,200 USD
EMA 400: 41,800 USD
4-Hour EMA Levels
EMA 50: 42,900 USD
EMA 100: 42,850 USD
EMA 200: 42,600 USD
EMA 400: 42,300 USD
RSI Divergence
The Relative Strength Index (RSI) has shown divergence patterns recently, indicating potential reversals. Currently, the RSI is hovering around 55, suggesting a bullish sentiment but caution is advised as it approaches overbought territory.
Order Blocks
Order blocks are critical for understanding institutional buying and selling. Recent order blocks are identified at:
Bullish Order Block: 42,800 USD
Bearish Order Block: 43,200 USD
MACD Analysis
The Moving Average Convergence Divergence (MACD) is currently bullish, with the MACD line above the signal line, indicating potential upward momentum. However, traders should remain vigilant for any crossovers that could signal a reversal.
Summary of US30 Weekly (30 Dec- 3 Jan) Analysis
💡 US30 weekly analysis summary by Kohinoor Free VIP Signals – WhatsApp us here 🥇 Join our FREE Telegram Channel: @Kohinoorfreevipgoldforexsignals
Key Levels
Weekly Support Levels: 42,800 USD, 42,600 USD, 42,400 USD
Weekly Resistance Levels: 43,100 USD, 43,200 USD, 43,500 USD
EMA Levels (Weekly): EMA 50: 42,700 USD, EMA 100: 42,500 USD, EMA 200: 42,200 USD, EMA 400: 41,800 USD
EMA Levels (4-Hour): EMA 50: 42,900 USD, EMA 100: 42,850 USD, EMA 200: 42,600 USD, EMA 400: 42,300 USD
Fibonacci Levels: 38.2%: 42,850 USD, 50%: 42,500 USD, 61.8%: 42,300 USD
Fundamental Analysis and Upcoming USD News
As we enter the new year, it's essential to keep an eye on upcoming USD news, particularly regarding employment data and inflation reports. These factors can significantly influence the US30 index and overall market sentiment.
FAQs
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What is the best time to trade US30? The best time to trade US30 is during the overlap of the London and New York sessions.
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