Technical analysis USDJPY for 29.11.2022
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 140.100. The closest support is the level 138.060
Key levels
- 141.840, 141.000, 140.100, 138.060, 137.320, 136.580
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 140.100, with Take Profit of 141.000 and Stop Loss of 138.800
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 138.060, with Take Profit of 137.320 and Stop Loss of 138.800
Николай Криштопов — рыночный аналитик Investizo с более чем 15-летним опытом работы в индустрии финансовых рынков и более чем десятилетним опытом трейдинга. В сферу его интересов входят валютный и криптовалютный рынки, технический анализ, внутридневная торговля и поведение рынка.