Technical analysis USDJPY for 03.03.2022
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
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 support is the level 115.65. The closest resistance is the level 116.35
Key levels
- 117.00, 116.35, 115.65, 115.25, 114.90, 114.55, 114.15, 113.45
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 116.35 and Stop Loss of 115.25
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 115.25, with Take Profit of 114.55 and Stop Loss of 115.65
Nikolai Krishtopov es analista de mercado en Investizo, con más de 15 años de experiencia en el sector de los mercados financieros y más de una década de experiencia operando. Sus áreas de interés incluyen los mercados de forex y criptomonedas, el análisis técnico, el trading intradía y el comportamiento del mercado.