Technical analysis EURJPY for 29.04.2022

29.04.2022 01:57
Intradía
Técnico

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 above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 137.500. The closest support is the level 136.860

Key levels

  • 139.050, 138.250, 137.500, 136.860, 136.220, 135.620

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 137.500, with Take Profit of 138.250 and Stop Loss of 137.120

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 136.860, with Take Profit of 136.220 and Stop Loss of 137.120
Guión
Recomendación
BUY STOP

Punto de entrada
137.500

Take Profit
138.250

Stop Loss
137.120

Niveles clave
139.050, 138.250, 137.500, 136.860, 136.220, 135.620
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
136.860

Take Profit
136.220

Stop Loss
137.120