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Price Action: CFD Analysis China 50
The CFD Analysis China 50 across these four distinct time frames is meticulously generated by our Dedicated AI System, a proprietary creation of the Frustrader Team. Any unauthorized copying, sharing, or posting of this content is strictly prohibited, unless explicit permission has been granted and proper attribution to the source is provided for the end-user.
Intraday
Daily
Weekly
Monthly
CFD Analysis China 50
Intraday Session: Dead
This currency pair is expected to have a Bearish bias today. Traders can consider a Short position once the price confirms below the '13334'. In that case, the first target price 13314 may be reached, as well as the second target price 13282. Subsequently, the price may extend further and finally reach 13262 by the end of today's market session.
On the other hand, if the price breaks above '13334', it may indicate a shift in momentum, leading to a potential Long position. In such a scenario, the price could rise towards the first resistance level 13366 and even test 13386. Lastly, a stronger increase towards 13418 is also possible by the end of today's trading session.
#Intraday #CN50 #CFD Analysis China 50
Note: This part is being updated using Frustrader AI Integration. CN50 has no update for this session
CFD Analysis China 50
Day Session: Late US
Projections show a Bearish outlook for this currency pair in today's trading. Traders who anticipate downward movement may consider Short positions once the price falls below the '13580'. This downward movement could lead to the achievement of the first target 13404 and potentially extend to 13308. Further downside potential exists, with the price possibly declining towards 13132 before the end of today's trading session.
However, should the price rise above the '13580', it may indicate a shift in market sentiment, prompting traders to consider Long positions. In such a scenario, the price may advance towards the first resistance level 13676 and subsequently level off at 13852. A stronger increase towards 13948 is also foreseen earlier than today's closing session.
#Daily #CN50 #CFD Analysis China 50
Note: This part is being updated using Frustrader AI Integration. CN50 has no update for this session
CFD Analysis China 50
Week Session: Friday
The market sentiment for this currency pair appears to be Bearish today. Traders may consider initiating Short positions sooner the price falls below the '13534'. The initial target level 13275 could be initially attained, coupled with the second target level 12769. Eventually, there is a chance for the price to advance further and reach 12510 before the trading day concludes.
Contrarily, breaking above the price '13534' could evidently signify a potential shift in sentiment, prompting traders to consider Long positions. In such a case, the price might rise towards the first resistance level 14040 and potentially test 14299. A stronger increase towards 14805 is also possible before the end of today's trading session.
#Weekly #CN50 #CFD Analysis China 50
Note: This part is being updated using Frustrader AI Integration. CN50 has no update for this session
CFD Analysis China 50
Month Session: 4th Week
This currency pair is expected to have a Bullish bias today. Traders can consider a Long position once the price confirms above the '13085'. In that case, the first target price 13576 may be reached, as well as the second target price 13963. Subsequently, the price may extend further and finally reach 14454 by the end of today's market session.
On the other hand, if the price breaks below '13085', it may indicate a shift in momentum, leading to a potential Short position. In such a scenario, the price could decline towards the first support level 12698 and even test 12207. Lastly, a sharper decrease towards 11820 is also possible by the end of today's trading session.
#Monthly #CN50 #CFD Analysis China 50
