Technical analysis EURGBP for 18.05.2022

18.05.2022 08:47
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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.84075. The closest resistance is the level 0.84490

Key levels

  • 0.85650, 0.85280, 0.84860, 0.84490, 0.84075, 0.83700

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 0.84490, with Take Profit of 0.84075 and Stop Loss of 0.84860

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.84860, with Take Profit of 0.85280 and Stop Loss of 0.84490
Guión
Recomendación
SELL LIMIT

Punto de entrada
0.84490

Take Profit
0.84075

Stop Loss
0.84860

Niveles clave
0.85650, 0.85280, 0.84860, 0.84490, 0.84075, 0.83700
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
0.84860

Take Profit
0.85280

Stop Loss
0.84490