{"id":117960,"date":"2025-08-21T10:59:53","date_gmt":"2025-08-21T06:59:53","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=117960"},"modified":"2025-08-21T11:01:52","modified_gmt":"2025-08-21T07:01:52","slug":"dow-jones-attempts-to-hold-above-support-21-08-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dow-jones-attempts-to-hold-above-support-21-08-2025\/08\/21\/tech-analysis\/","title":{"rendered":"Dow Jones Attempts to Hold Above Support &#8211; 21\/08\/2025"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><\/h3>\n\n\n\n<p>The <strong>Dow Jones Industrial Average (DJI30)<\/strong> saw a slightly upward trend during the US trading session yesterday.<br><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Technical Outlook &#8211; 4-Hour Timeframe<\/h3>\n\n\n\n<p>Technically, the index remains stable above the <strong>50-day Simple Moving Average<\/strong>, which increases the chances of continued upward movement. This is supported by early positive signals from the <strong>Relative Strength Index<\/strong>, which is attempting to gain positive momentum that could push the index&#8217;s price higher.<br><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Probable Scenario<\/strong><\/h3>\n\n\n\n<p>As long as the price is stable in the short term above <strong>44860<\/strong>, we may see an upward bias during today&#8217;s trading session, targeting <strong>45095<\/strong>. A break of this resistance would be a catalyst that could strengthen the chances of a rise toward <strong>45120<\/strong>, followed by <strong>45240<\/strong>.<\/p>\n\n\n\n<p>Conversely, a one-hour candle closing below the <strong>44810<\/strong> support level could place the index&#8217;s price under negative pressure, with the initial goal of retesting <strong>44670<\/strong>.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Fundamental Note:<\/strong><\/p>\n\n\n\n<p>Today, we are awaiting high-impact economic data from the US economy: &#8220;Weekly Unemployment Claims, Preliminary Reading of the Services and Manufacturing PMI.&#8221; This data may cause strong price volatility when released.<\/p>\n\n\n\n<p><strong>Warning<\/strong><\/p>\n\n\n\n<p>The risk level is high amid current trade and geopolitical tensions, and all scenarios could be possible.<\/p>\n\n\n\n<p><strong>Disclaimer<\/strong><\/p>\n\n\n\n<p>Trading in CFDs involves risks, and therefore all scenarios are subject to potential outcomes. The analysis provided above is not a recommendation to buy or sell but rather an illustrative reading of price action on the chart.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1: 44810<\/strong><\/td><td><strong>R1: 45095<\/strong><\/td><\/tr><tr><td><strong>S2: 44670<\/strong><\/td><td><strong>R2: 45260<\/strong><\/td><\/tr><tr><td><strong>S3: 44520<\/strong><\/td><td><strong>R3: 45390<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (DJI30) saw a slightly upward trend during the US trading session yesterday. Technical Outlook &#8211; 4-Hour Timeframe Technically, the index remains stable above the 50-day Simple Moving Average, which increases the chances of continued upward movement. This is supported by early positive signals from the Relative Strength Index, which is &hellip;<\/p>\n","protected":false},"author":13,"featured_media":117962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7192,11285],"class_list":["post-117960","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-dow","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=117960"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117960\/revisions"}],"predecessor-version":[{"id":117961,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117960\/revisions\/117961"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/117962"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=117960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=117960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=117960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}