Technical analysis EURJPY for 01.09.2023

01.09.2023 01:18
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 158.680. The closest support is the level 155.660

Key levels

  • 159.690, 158.680, 156.950, 155.660, 154.340

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 158.680, with Take Profit of 159.690 and Stop Loss of 157.830

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 155.660, with Take Profit of 154.340 and Stop Loss of 157.830

Guión
Recomendación
BUY STOP

Punto de entrada
158.680

Take Profit
159.690

Stop Loss
157.830

Niveles clave
159.690, 158.680, 156.950, 155.660, 154.340
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
155.660

Take Profit
154.340

Stop Loss
157.830