Technical analysis EURUSD for 01.11.2022

01.11.2022 08:15
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 is traded between Tenkan-se and Kijun-sen lines. The closest resistance is the level 0.99850. The closest support is the level 0.98990

Key levels

  • 1.0850, 1.00380, 0.99850, 0.98990, 0.98410, 0.97820

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.99850, with Take Profit of 1.00380 and Stop Loss of 0.99450

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.98990, with Take Profit of 0.98410 and Stop Loss of 0.99450
Guión
Recomendación
BUY STOP

Punto de entrada
0.99850

Take Profit
1.00380

Stop Loss
0.99450

Niveles clave
1.0850, 1.00380, 0.99850, 0.98990, 0.98410, 0.97820
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.98990

Take Profit
0.98410

Stop Loss
0.99450