Technical analysis EURUSD for 04.11.2022
04.11.2022 08:03
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains 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 resistance is the level 0.98410. The closest support is the level 0.97550
Key levels
- 0.99680, 0.98990, 0.98410, 0.97550, 0.97130, 0.96340
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 0.98410, with Take Profit of 0.98990 and Stop Loss of 0.97950
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.97550, with Take Profit of 0.97130 and Stop Loss of 0.97950
Guión
Recomendación
BUY STOP
Punto de entrada
0.98410
Take Profit
0.98990
Stop Loss
0.97950
Niveles clave
0.99680, 0.98990, 0.98410, 0.97550, 0.97130, 0.96340
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
0.97550
Take Profit
0.97130
Stop Loss
0.97950