Technical analysis EURAUD for 18.04.2022
18.04.2022 02:10
Intraday
Technical
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 ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.46900. The closest support is the level 1.45750
Key levels
- 1.50350, 1.49100, 1.47950, 1.46900, 1.45750, 1.44700, 1.43720
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.46900, with Take Profit of 1.47950 and Stop Loss of 1.46400
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.45750, with Take Profit of 1.44700 and Stop Loss of 1.46400
Scenario
Recommendation
BUY STOP
Entry Point
1.46900
Take Profit
1.47950
Stop Loss
1.46400
Key Levels
1.50350, 1.49100, 1.47950, 1.46900, 1.45750, 1.44700, 1.43720
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.45750
Take Profit
1.44700
Stop Loss
1.46400