Technical analysis EURAUD for 19.04.2022

19.04.2022 08:09
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. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support and resistance levels are Kijun-sen and Tenkan-se, respectively. The closest support and resistance levels are Kijun-sen and Tenkan-se, respectively

Key levels

  • 1.50350, 1.49100, 1.47950, 1.46725, 1.45600, 1.44700, 1.43475

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.45600, with Take Profit of 1.46725 and Stop Loss of 1.44700

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.44700, with Take Profit of 1.43475 and Stop Loss of 1.45600
Scenario
Recommendation
BUY LIMIT

Entry Point
1.45600

Take Profit
1.46725

Stop Loss
1.44700

Key Levels
1.50350, 1.49100, 1.47950, 1.46725, 1.45600, 1.44700, 1.43475
Alternative scenario
Recommendation
SELL STOP

Entry Point
1.44700

Take Profit
1.43475

Stop Loss
1.45600