Technical analysis AUDUSD for 01.10.2024
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines+
Key levels
- 0.64385, 0.66369, 0.66369, 0.68968, 0.69464
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 0.68169, with Take Profit of 0.69464 and Stop Loss of 0.66369
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 0.68968, with Take Profit of 0.66369 and Stop Loss of 0.69464
Scenario
Recommendation
BUY LIMIT
Entry Point
0.68169
Take Profit
0.69464
Stop Loss
0.66369
Key Levels
0.64385, 0.66369, 0.66369, 0.68968, 0.69464
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
0.68968
Take Profit
0.66369
Stop Loss
0.69464
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.