Technical analysis EURGBP for 08.07.2022
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.8420. The closest resistance is the level 0.8460
Key levels
- 0.8590, 0.8510, 0.8460, 0.8420, 0.8380, 0.8330
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 0.8420, with Take Profit of 0.8380 and Stop Loss of 0.8460
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.8460, with Take Profit of 0.8510 and Stop Loss of 0.8420
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.