Technical analysis USDJPY for 22.10.2024
22.10.2024 09:47
Week
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. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support and resistance levels are Tenkan-se and Kijun-sen, respectively. The closest support and resistance levels are Tenkan-se and Kijun-sen, respectively
Key levels
147.947, 149.259, 149.981, 150.090, 150.717
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 150.090, with Take Profit of 150.717 and Stop Loss of 149.259
Alternative scenario
Recommended opening long positions (Buy) at the current price, with Take Profit of 150.717 and Stop Loss of 149.981
Scenario
Recommendation
BUY LIMIT
Entry Point
150.090
Take Profit
150.717
Stop Loss
149.259
Key Levels
147.947, 149.259, 149.981, 150.090, 150.717
Alternative scenario
Recommendation
BUY
Entry Point
150.090
Take Profit
150.717
Stop Loss
149.981