Technical analysis USA.30 for 25.04.2024

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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 38300. The closest resistance is the level 38500

Key levels

• 38650, 38500, 38300, 38150, 37900

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 38300, with Take Profit of 38500 and Stop Loss of 38150

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 38150, with Take Profit of 37900 and Stop Loss of 38300