Technical analysis EURJPY for 13.05.2024

13.05.2024 00:59
Intradía
Técnico

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. The closest support is the level 167.250. The closest resistance is the level 168.000

Key levels

  • 169.100, 168.000, 167.250, 166.700, 165.750

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 168.000, with Take Profit of 169.100 and Stop Loss of 167.250

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 166.700, with Take Profit of 165.750 and Stop Loss of 167.200

Guión
Recomendación
BUY STOP

Punto de entrada
168.000

Take Profit
169.100

Detener la pérdida de
167.250

Niveles clave
169.100, 168.000, 167.250, 166.700, 165.750
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
166.700

Take Profit
165.750

Detener la pérdida de
167.200