Technical analysis USA.30 for 18.09.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 34750.00. The closest support is the level 34445.00
Key levels
35075.00, 34910.00, 34750.00, 34445.00, 34290.00, 34020.00
Trading scenario
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- Recommended opening long positions (Buy Stop) from the level of 34750.00, with Take Profit of 34910.00 and Stop Loss of 34600.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 34445.00, with Take Profit of 34290.00and Stop Loss of 34600.00
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.