Technical analysis USDJPY for 24.10.2024
24.10.2024 08:51
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 is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines
Key levels
151.799, 152.056, 152.504, 152.735, 153.077
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 152.056, with Take Profit of 153.077 and Stop Loss of 151.799
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 152.735, with Take Profit of 153.077 and Stop Loss of 151.799
Scenario
Recommendation
BUY LIMIT
Entry Point
152.056
Take Profit
153.077
Stop Loss
151.799
Key Levels
151.799, 152.056, 152.504, 152.735, 153.077
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
152.735
Take Profit
153.077
Stop Loss
151.799