Technical analysis EURJPY for 27.06.2022
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located below 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 142.10. The closest resistance is the level 142.95
Key levels
- 144.25, 142.95, 142.10, 141.25, 140.55, 139.65
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 142.95, with Take Profit of 144.25 and Stop Loss of 142.10
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 142.10, with Take Profit of 140.55 and Stop Loss of 142.95
Scenario
Recommendation
BUY STOP
Entry Point
142.95
Take Profit
144.25
Stop Loss
142.10
Key Levels
144.25, 142.95, 142.10, 141.25, 140.55, 139.65
Alternative scenario
Recommendation
SELL STOP
Entry Point
142.10
Take Profit
140.55
Stop Loss
142.95
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.