Technical analysis AUDJPY for 26.01.2023
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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 is the level 91.850. The closest resistance is the level 92.600
Key levels
- 93.150, 92.600, 91.850, 91.500, 91.100
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 91.850, with Take Profit of 92.600 and Stop Loss of 91.500
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 91.500, with Take Profit of 91.100 and Stop Loss of 91.850
Scenario
Recommendation
BUY STOP
Entry Point
91.850
Take Profit
92.600
Stop Loss
91.500
Key Levels
93.150, 92.600, 91.850, 91.500, 91.100
Alternative scenario
Recommendation
SELL STOP
Entry Point
91.500
Take Profit
91.100
Stop Loss
91.850
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.