Technical analysis CADJPY for 26.08.2022
26.08.2022 01:53
Intradía
Técnico
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above 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 105.100. The closest resistance is the level 105.650
Key levels
- 106.875, 106.100, 105.650, 105.100, 104.675, 104.100
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 105.650, with Take Profit of 105.100 and Stop Loss of 106.100
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 106.100, with Take Profit of 106.875 and Stop Loss of 105.650
Guión
Recomendación
SELL LIMIT
Punto de entrada
105.650
Take Profit
105.100
Stop Loss
106.100
Niveles clave
106.875, 106.100, 105.650, 105.100, 104.675, 104.100
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
106.100
Take Profit
106.875
Stop Loss
105.650