Technical analysis USDCHF for 16.05.2022

16.05.2022 09:11
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 above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.9665. The closest resistance is the level 1.0029

Key levels

  • 1.0235, 1.0108, 1.0029, 0.9965, 0.9900, 0.9825, 0.9710

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 1.0108 and Stop Loss of 0.9965

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.9965, with Take Profit of 0.9825 and Stop Loss of 1.0029
Guión
Recomendación
BUY

Punto de entrada

Take Profit
1.0108

Stop Loss
0.9965

Niveles clave
1.0235, 1.0108, 1.0029, 0.9965, 0.9900, 0.9825, 0.9710
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.9965

Take Profit
0.9825

Stop Loss
1.0029