Technical analysis AUDUSD for 14.04.2022
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 0.74450. The closest resistance is the level 0.74950
Key levels
- 0.76075, 0.75500, 0.74950, 0.74450, 0.73850, 0.73275
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 0.74450, with Take Profit of 0.74950 and Stop Loss of 0.74150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.73850, with Take Profit of 0.73275 and Stop Loss of 0.74250
Scenario
Recommendation
BUY LIMIT
Entry Point
0.74450
Take Profit
0.74950
Stop Loss
0.74150
Key Levels
0.76075, 0.75500, 0.74950, 0.74450, 0.73850, 0.73275
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.73850
Take Profit
0.73275
Stop Loss
0.74250
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.