📈 As we look ahead, several significant USD news events are scheduled that could influence the US30 market:
CPI Data Release: Scheduled for July 12, 2025. A higher-than-expected Consumer Price Index (CPI) could lead to increased volatility in the US30, potentially driving prices higher as inflation concerns mount.
FOMC Meeting Minutes: On July 15, 2025, the release of the Federal Open Market Committee (FOMC) minutes will provide insights into future monetary policy directions, which could impact investor sentiment and market movements.
Retail Sales Data: Expected on July 18, 2025. Strong retail sales figures could bolster the USD, leading to a bullish outlook for the US30.
These upcoming events are crucial for traders to consider, as they can significantly affect market sentiment and price action.
Conclusion
In conclusion, the US30 index shows a predominantly bullish trend, supported by key technical indicators and upcoming economic news. Traders should remain vigilant around critical support and resistance levels, as well as monitor the impact of fundamental news on market dynamics. The integration of technical analysis with fundamental insights will be essential for making informed trading decisions in the coming days.
As of today, the US30 index is trading at 44,363 USD. This analysis will delve into the daily and 4-hour time frames, utilizing various technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), Relative Strength Index (RSI) divergence, and Smart Money Concepts (SMC), along with support and resistance levels, order blocks, and the Moving Average Convergence Divergence (MACD).
Current Market Sentiment
The sentiment surrounding the US30 index remains cautiously optimistic, bolstered by recent economic data. Investors are closely monitoring upcoming USD news that could impact market dynamics.
Technical Analysis
Support & Resistance Levels
Daily Time Frame
Support Levels:
44,126 (Swing High) 43,800 (Recent low) 43,600 (Previous support zone)
On the daily chart, the Fibonacci retracement from the recent swing high of 44,126 to the swing low of 43,116 reveals critical levels:
23.6%: 44,200 38.2%: 44,300 61.8%: 44,500
These levels provide potential reversal points and areas of interest for traders.
Exponential Moving Averages (EMA)
Daily Time Frame
EMA 50: 43,900 EMA 100: 43,600 EMA 200: 43,200 EMA 400: 42,800
The EMAs indicate a bullish trend as the price remains above the 50 and 100 EMAs, suggesting potential upward momentum.
4-Hour Time Frame EMA 50: 44,050 EMA 100: 43,900 EMA 200: 43,700 EMA 400: 43,500
The 4-hour EMAs show similar bullish indications, reinforcing the daily trend.
RSI Divergence
The Relative Strength Index (RSI) on the daily chart is currently at 65, indicating that the market is nearing overbought territory. A divergence between price action and the RSI could signal a potential reversal or pullback, particularly if the price begins to decline while the RSI remains high.
Order Blocks
Order blocks on the daily chart indicate significant buying and selling areas. The most notable order block is located at 43,800, where buyers previously stepped in strongly. This area will be critical to watch as the market approaches it again.
MACD Analysis
The MACD indicator shows a bullish crossover, with the MACD line above the signal line. This suggests upward momentum, but traders should be cautious of potential pullbacks as the price approaches overbought conditions.
US30 Looks Stuck: On the Hourly that is in Bearish (directional) Market Bias, price action is moving in a bearish channel and dropped below the very tall S&R Zone.
The bears can head towards the Swing Low of 44,126 to either breach to go down more or reject it and head back up towards the S&R Zone (that starts at 4.233) and potentially rise above it towards the Swing High of 44,440.
*Side Note: A Double Inside Day showed up, so a BIG move is coming.
US30 
