Technical analysis GBPJPY for 10.01.2023

10.01.2023 01:52
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 160.000. The closest resistance is the level 161.075

Key levels

  • 163.025, 161.075, 160.000, 158.625, 156.850

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 161.075, with Take Profit of 163.025 and Stop Loss of 160.000

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 160.000, with Take Profit of 158.625 and Stop Loss of 161.075
Guión
Recomendación
BUY STOP

Punto de entrada
161.075

Take Profit
163.025

Stop Loss
160.000

Niveles clave
163.025, 161.075, 160.000, 158.625, 156.850
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
160.000

Take Profit
158.625

Stop Loss
161.075