Technical analysis EURJPY for 23.06.2022
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
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 resistance is the level 144.250. The closest support is the level 142.925
Key levels
- 145.430, 144.900, 144.250, 142.925, 142.125, 141.275
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 144.250, with Take Profit of 144.900 and Stop Loss of 143.650
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 142.925, with Take Profit of 142.125 and Stop Loss of 143.650
Scenario
Recommendation
BUY STOP
Entry Point
144.250
Take Profit
144.900
Stop Loss
143.650
Key Levels
145.430, 144.900, 144.250, 142.925, 142.125, 141.275
Alternative scenario
Recommendation
SELL STOP
Entry Point
142.925
Take Profit
142.125
Stop Loss
143.650
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.