Dow Jones Trades in Descending Channel; Key Support at 44,396 in Focus as Bearish Momentum Builds
DOW JONES was down on Friday morning after testing the high level of 44951 in the last trading session as investors awaited Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole for signals on the path of interest rates. Markets remain wary that Powell could temper expectations for a near-term rate cut.
Recent News
Dow Jones Index Forms Wedge Near Key Sup...
February 24, 2025
Market Insights
GBPUSD making a wedge pattern
December 10, 2024
Market Insights
NASDAQ trading in a Channel
February 11, 2025
Market Insights
Can AUDUSD start a Multi-Month Bull run?
February 17, 2025
Market Insights
US30 Rebounds from Support Zone Eyeing R...
February 26, 2025
Market Insights
US100 Breaks Above Resistance Bullish Fl...
July 31, 2025
Market Insights
