Technical analysis EURAUD for 19.04.2022
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support and resistance levels are Kijun-sen and Tenkan-se, respectively. The closest support and resistance levels are Kijun-sen and Tenkan-se, respectively
Key levels
- 1.50350, 1.49100, 1.47950, 1.46725, 1.45600, 1.44700, 1.43475
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.45600, with Take Profit of 1.46725 and Stop Loss of 1.44700
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.44700, with Take Profit of 1.43475 and Stop Loss of 1.45600
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.