Technical analysis EURGBP for 27.06.2022
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed above the price chart. In this case, the cloud is descending. Instrument adjusted to the Kijun-sen line. The closest support is the level 0.8593. The closest resistance is the level 0.8640
Key levels
- 0.8715, 0.8640, 0.8593, 0.8555, 0.8515, 0.8470
Trading scenario
- Recommended opening long positions (Buy) at the current price, with Take Profit of 0.8640 and Stop Loss of 0.8555
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 0.8555, with Take Profit of 0.8515 and Stop Loss of 0.8593
Scenario
Recommendation
BUY
Entry Point
Take Profit
0.8640
Stop Loss
0.8555
Key Levels
0.8715, 0.8640, 0.8593, 0.8555, 0.8515, 0.8470
Alternative scenario
Recommendation
SELL STOP
Entry Point
0.8555
Take Profit
0.8515
Stop Loss
0.8593
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.