Technical analysis CHFJPY for 09.10.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crosses bottom upward the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 164.300. The closest support is the level 163.180
Key levels
- 165.720, 165.100, 164.300, 163.180, 162.380, 161.350
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 164.300, with Take Profit of 165.100 and Stop Loss of 163.750
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 163.180, with Take Profit of 162.380 and Stop Loss of 163.750
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.