Technical analysis GBPJPY for 16.05.2022

16.05.2022 02:06
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. Red is directed up, while blue is directed down. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 157.57. The closest resistance is the level 158.51

Key levels

  • 159.84, 159.07, 158.51, 157.57, 157.12, 156.39

Trading scenario

  • Recommended opening short positions (Sell) at the current price, with Take Profit of 157.57 and Stop Loss of 159.07

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 159.57, with Take Profit of 159.84 and Stop Loss of 158.51
Guión
Recomendación
SELL

Punto de entrada

Take Profit
157.57

Stop Loss
159.07

Niveles clave
159.84, 159.07, 158.51, 157.57, 157.12, 156.39
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
159.57

Take Profit
159.84

Stop Loss
158.51