Technical analysis EURCHF for 26.04.2022
26.04.2022 08:58
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.03000. The closest support is the level 1.02250
Key levels
- 1.04300, 1.03600, 1.03000, 1.02250, 1.01650, 1.00900
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.03000, with Take Profit of 1.03600 and Stop Loss of 1.02625
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.02250, with Take Profit of 1.01650 and Stop Loss of 1.02625
Scenario
Recommendation
BUY STOP
Entry Point
1.03000
Take Profit
1.03600
Stop Loss
1.02625
Key Levels
1.04300, 1.03600, 1.03000, 1.02250, 1.01650, 1.00900
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.02250
Take Profit
1.01650
Stop Loss
1.02625