Technical analysis USA.30 for 25.07.2023
The Tenkan-sen line is located above the Kijun-sen line. Blue is directed upwards, while red remains horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Blue is directed upwards, while red remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 35850.00. The closest support is the level 35150.00
Key levels
- 36850.00, 36230.00, 35850.00, 35150.00, 34790.00, 34450.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 35850.00, with Take Profit of 36230.00 and Stop Loss of 35400.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 35150.00, with Take Profit of 34790.00 and Stop Loss of 35400.00
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.