US2000/USD (RUSSELL) Analysis
Current Price: $1867.606 as of April 15, 2025
Overview
The US2000/USD, representing the Russell 2000 index, is currently trading at $1867.606. The market sentiment is mixed, with technical indicators suggesting a bearish outlook in the short term.
Technical Analysis
As of April 15, 2025, the technical indicators for US2000/USD are as follows:
Indicator | Status |
---|---|
EMA (10) | SHORT |
SMA (10) | LONG |
EMA (20) | SHORT |
SMA (20) | SHORT |
RSI (14) | NEUTRAL |
MACD | SHORT |
Trading Zone | SHORT |
Support and Resistance Levels
The key support and resistance levels for US2000/USD are as follows:
Level | Price |
---|---|
Resistance 1 (R1) | $1929.44 |
Resistance 2 (R2) | $1975.80 |
Support 1 (S1) | $1814.34 |
Support 2 (S2) | $1745.60 |
Trading Recommendation
Actionable Insights
Given the current bearish indicators and the trading zone being short, it is advisable to consider short positions or wait for a clearer bullish signal before entering long positions. Monitor the price closely around the support level of $1814.34 for potential buying opportunities if the price shows signs of recovery.
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