Technical analysis USDJPY for 25.10.2024
25.10.2024 10:02
Week
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between 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 Kijun-sen and Tenkan-se, respectively
Key levels
151.147, 151.575, 151.845, 152.115, 152.847
Trading scenario
Recommended opening short positions (Sell Limit) from the level of 152.115, with Take Profit of 151.147 and Stop Loss of 152.847
Alternative scenario
Recommended opening short positions (Sell) at the current price, with Take Profit of 151.147 and Stop Loss of 152.847
Scenario
Recommendation
SELL LIMIT
Entry Point
152.115
Take Profit
151.147
Stop Loss
152.847
Key Levels
151.147, 151.575, 151.845, 152.115, 152.847
Alternative scenario
Recommendation
SELL
Entry Point
151.845
Take Profit
151.147
Stop Loss
152.847