Technical analysis EURJPY for 08.05.2024
08.05.2024 00:41
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 165.800. The closest resistance is the level 166.825
Key levels
- 168.300, 167.525, 166.825, 165.800, 165.000
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 166.825, with Take Profit of 165.800 and Stop Loss of 167.525
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 167.525, with Take Profit of 168.300 and Stop Loss of 166.825
Guión
Recomendación
SELL LIMIT
Punto de entrada
166.825
Take Profit
165.800
Detener la pérdida de
167.525
Niveles clave
168.300, 167.525, 166.825, 165.800, 165.000
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
167.525
Take Profit
168.300
Detener la pérdida de
166.825