Technical analysis EURAUD for 13.04.2022
Intraday
Technical
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud turned over from descending to ascending. Instrument entered the cloud. The closest resistance is the level 1.45750. The closest support is the level 1.44700
Key levels
- 1.50350, 1.49100, 1.47950, 1.46900, 1.45750, 1.44700, 1.43720, 1.42730
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.45750, with Take Profit of 1.46900 and Stop Loss of 1.45200
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.44700, with Take Profit of 1.43720 and Stop Loss of 1.45200
Scenario
Recommendation
BUY STOP
Entry Point
1.45750
Take Profit
1.46900
Stop Loss
1.45200
Key Levels
1.50350, 1.49100, 1.47950, 1.46900, 1.45750, 1.44700, 1.43720, 1.42730
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.44700
Take Profit
1.43720
Stop Loss
1.45200
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.