Technical analysis USDJPY for 24.01.2022
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 113.60. The closest resistance is the level 114.00
Key levels
- 115.90, 115.50, 115.15, 114.80,114.35, 114.00, 113.60, 113.20, 112.55
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 114.00, with Take Profit of 114.80 and Stop Loss of 113.60
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 113.60, with Take Profit of 113.20 and Stop Loss of 114.00
Николай Криштопов — рыночный аналитик Investizo с более чем 15-летним опытом работы в индустрии финансовых рынков и более чем десятилетним опытом трейдинга. В сферу его интересов входят валютный и криптовалютный рынки, технический анализ, внутридневная торговля и поведение рынка.