Technical analysis USDJPY for 01.02.2022
The Tenkan-sen line is located above the Kijun-sen line. Red points downwards while blue points upwards. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Red points downwards while blue points upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 114.600. The closest resistance is the level 114.850
Key levels
- 116.60, 116.15, 115.65, 115.15, 114.85, 114.60, 114.30, 114.00,113.50
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 114.85, with Take Profit of 114.30 and Stop Loss of 115.15
Alternative scenario
- Recommended opening long positions (Buy Limit) from the level of 114.60, with Take Profit of 115.15 and Stop Loss of 114.30
Николай Криштопов — рыночный аналитик Investizo с более чем 15-летним опытом работы в индустрии финансовых рынков и более чем десятилетним опытом трейдинга. В сферу его интересов входят валютный и криптовалютный рынки, технический анализ, внутридневная торговля и поведение рынка.