Technical analysis EURJPY for 18.01.2022
18.01.2022 17:07
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 130.000. Strong resistance is the merged Tenkan-se and Kijun-sen lines
Key levels
- 131.350, 130.650, 130.000, 129.450, 128.700, 128.225, 127.800
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 130.000, with Take Profit of 129.450 and Stop Loss of 130.400
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 130.650, with Take Profit of 131.350 and Stop Loss of 130.000
Guión
Recomendación
SELL STOP
Punto de entrada
130.000
Take Profit
129.450
Stop Loss
130.400
Niveles clave
131.350, 130.650, 130.000, 129.450, 128.700, 128.225, 127.800
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
130.650
Take Profit
131.350
Stop Loss
130.000