Technical analysis EURGBP for 16.05.2022

16.05.2022 08:59
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 ascending. Instrument consolidates at the bottom of the cloud. The closest support is the level 0.8492. The closest resistance is the level 0.8525

Key levels

  • 0.8617, 0.8565, 0.8525, 0.8492, 0.8465, 0.8430, 0.8373

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 0.8565 and Stop Loss of 0.8465

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.8465, with Take Profit of 0.8373 and Stop Loss of 0.8492
Guión
Recomendación
BUY

Punto de entrada

Take Profit
0.8565

Stop Loss
0.8465

Niveles clave
0.8617, 0.8565, 0.8525, 0.8492, 0.8465, 0.8430, 0.8373
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.8465

Take Profit
0.8373

Stop Loss
0.8492