Technical analysis EURJPY for 30.04.2024
30.04.2024 02:01
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 below the Tenkan-se and Kijun-sen lines. The closest support is the level 167.000. The closest resistance is the level 167.900
Key levels
- 168.500, 167.900, 167.000, 166.350, 165.400
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 167.000, with Take Profit of 167.900 and Stop Loss of 166.350
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 166.350, with Take Profit of 165.400 and Stop Loss of 167.000
Scenario
Recommendation
BUY LIMIT
Entry Point
167.000
Take Profit
167.900
Stop Loss
166.350
Key Levels
168.500, 167.900, 167.000, 166.350, 165.400
Alternative scenario
Recommendation
SELL STOP
Entry Point
166.350
Take Profit
165.400
Stop Loss
167.000