Technical analysis GBPAUD for 14.11.2022
Intraday
Technical
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The cl
osest resistance is the level 1.77030. The closest support is the level 1.75680
Key levels
- 1.78760, 1.77790, 1.77030, 1.75680, 1.74690, 1.73770
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1.77030, with Take Profit of 1.77790 and Stop Loss of 1.76350
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.75680, with Take Profit of 1.74690 and Stop Loss of 1.76350
Scenario
Recommendation
BUY STOP
Entry Point
1.77030
Take Profit
1.77790
Stop Loss
1.76350
Key Levels
1.78760, 1.77790, 1.77030, 1.75680, 1.74690, 1.73770
Alternative scenario
Recommendation
SELL STOP
Entry Point
1.75680
Take Profit
1.74690
Stop Loss
1.76350
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.