Technical analysis USA.30 for 27.06.2022

Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart

The Tenkan-sen line is located above the Kijun-sen line. Both lines are 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 support is the level 31395. The closest resistance is the level 31825

Key levels

  • 32700, 32275, 31825, 31395, 31395, 31025, 30600

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 31395, with Take Profit of 31825 and Stop Loss of 31025

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 31025, with Take Profit of 30600 and Stop Loss of 31395
Scenario
Recommendation
BUY LIMIT

Entry Point
31395

Take Profit
31825

Stop Loss
31025

Key Levels
32700, 32275, 31825, 31395, 31395, 31025, 30600
Alternative scenario
Recommendation
SELL STOP

Entry Point
31025

Take Profit
30600

Stop Loss
31395
Nikolai Krishtopov
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo

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.