Technical analysis EURUSD for 14.11.2022
14.11.2022 08:15
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above 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 1.03650. The closest support is the level 1.02500
Key levels
- 1.50284, 1.04450, 1.03650, 1.02500, 1.01750, 1.00940
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.03650, with Take Profit of 1.04450 and Stop Loss of 1.03000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.02500, with Take Profit of 1.01750 and Stop Loss of 1.03000
Scenario
Recommendation
BUY STOP
Entry Point
1.03650
Take Profit
1.04450
Stop Loss
1.03000
Key Levels
1.50284, 1.04450, 1.03650, 1.02500, 1.01750, 1.00940
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.02500
Take Profit
1.01750
Stop Loss
1.03000