Technical analysis USA.30 for 23.01.2024
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 38100.00. The closest support is the level 36900.00
Key levels
- 39010.00, 38550.00, 38100.00, 36900.00, 36415.00, 35940.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 38100.00, with Take Profit of 38550.00 and Stop Loss of 37500.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 36900.00, with Take Profit of 36415.00 and Stop Loss of 37500.00
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.