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US30 buy from 42130 SL 42070 tp 42300



US30 first trade of the day was 1:6.i risk 0.25% to make 1.6%... now i am executing again with 0.25% risk....even if i lose this trade then this will be 1.35% gain for the day, risk management is key.
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i close half of my position already and modified my sl to 42274
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US30
2/2 Summary of Key Levels

Daily & 4-Hour Support and Resistance

Daily Support: 41,800 USD, 41,500 USD, 41,145 USD
Daily Resistance: 42,500 USD, 42,700 USD, 42,874 USD

4-Hour Support: 42,100 USD, 41,900 USD, 41,700 USD
4-Hour Resistance: 42,400 USD, 42,600 USD, 42,800 USD

Exponential Moving Average (EMA) Levels

Daily EMA:

EMA 50: 42,100 USD
EMA 100: 41,800 USD
EMA 200: 41,500 USD
EMA 400: 41,200 USD

4-Hour EMA:

EMA 50: 42,250 USD
EMA 100: 42,000 USD
EMA 200: 41,750 USD
EMA 400: 41,500 USD

Weekly Pivots

Pivot Point: 42,200 USD
Support Levels: 41,800 USD, 41,500 USD
Resistance Levels: 42,500 USD, 42,700 USD

Daily Pivots

Pivot Point: 42,300 USD
Support Levels: 42,100 USD, 41,900 USD
Resistance Levels: 42,400 USD, 42,600 USD

Fibonacci Retracement Levels

23.6% Level: 42,200 USD
38.2% Level: 42,350 USD
50% Level: 42,500 USD
61.8% Level: 42,650 USD
78.6% Level: 42,800 USD

Fundamental Analysis and Upcoming USD News

Looking ahead, several key economic events could impact the US30 market:

📅 Upcoming USD News:

Non-Farm Payrolls (NFP): Scheduled for June 7, 2025. A strong report could bolster the USD and positively affect the US30.
Consumer Price Index (CPI): Expected on June 12, 2025. Inflation data will be closely monitored as it influences Federal Reserve policies.
Federal Reserve Meeting: June 25, 2025. Any changes in interest rates or monetary policy could lead to significant market movements.
These events are crucial as they can lead to increased volatility in the US30, affecting trading strategies and market sentiment.

In conclusion, the US30 market presents a complex landscape influenced by technical indicators and upcoming economic events. Traders should remain vigilant, utilizing the outlined levels and indicators to navigate potential market movements effectively. Stay informed and adjust your strategies accordingly to capitalize on market opportunities. 📈💼