Technical analysis for 26.09.2024
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed upwards. 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 and resistance levels are Tenkan-se and Kijun-sen, respectively
Key levels
2542, 2573, 2626, 2642, 2659
Trading scenario
Recommended opening short positions (Sell Limit) from the level of 2670, with Take Profit of 2658 and Stop Loss of 2674
Alternative scenario
Recommended opening long positions (Buy Limit) from the level of 2650, with Take Profit of 2667 and Stop Loss of 2645
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.