Technical analysis EURUSD for 05.05.2023

05.05.2023 01:34
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is ascending. Instrument adjusted to the Kijun-sen line. The closest resistance is the level 1.10460. The closest support is the level 1.09850

Key levels

  • 1.11340, 1.10810, 1.10460, 1.09850, 1.09360, 1.08770

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.10460, with Take Profit of 1.10810 and Stop Loss of 1.10150

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.09850, with Take Profit of 1.09360 and Stop Loss of 1.10150
Guión
Recomendación
BUY STOP

Punto de entrada
1.10460

Take Profit
1.10810

Stop Loss
1.10150

Niveles clave
1.11340, 1.10810, 1.10460, 1.09850, 1.09360, 1.08770
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.09850

Take Profit
1.09360

Stop Loss
1.10150