Technical analysis EURJPY for 23.10.2024
23.10.2024 01:23
Intraday
Technical
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 turned over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 162.850. The closest resistance is the level 163.450
Key levels
- 163.800, 163.450, 162.850, 162.500, 161.950
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 162.850, with Take Profit of 163.450 and Stop Loss of 162.500
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 162.500, with Take Profit of 161.950 and Stop Loss of 162.850
Scenario
Recommendation
BUY LIMIT
Entry Point
162.850
Take Profit
163.450
Stop Loss
162.500
Key Levels
163.800, 163.450, 162.850, 162.500, 161.950
Alternative scenario
Recommendation
SELL STOP
Entry Point
162.500
Take Profit
161.950
Stop Loss
162.850