Technical analysis EURGBP for 07.07.2022
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below 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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 0.85125. The closest resistance is the level 0.85400
Key levels
- 0.85925, 0.85650, 0.85400, 0.85125, 0.84850
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 0.85400, with Take Profit of 0.85125 and Stop Loss of 0.85650
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 0.85650, with Take Profit of 0.85925 and Stop Loss of 0.85400
Nikolai Krishtopov es analista de mercado en Investizo, con más de 15 años de experiencia en el sector de los mercados financieros y más de una década de experiencia operando. Sus áreas de interés incluyen los mercados de forex y criptomonedas, el análisis técnico, el trading intradía y el comportamiento del mercado.