Technical analysis EURUSD for 18.09.2024

18.09.2024 19:05
Intraday
Technical

The Tenkan-sen line is located below 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 traded between Tenkan-se and Kijun-sen lines

Key levels

1.08443, 1.09222, 1.10904, 1.11885, 1.12809

Trading scenario

Recommended opening long positions (Buy Limit) from the level of 1.10904, with Take Profit of 1.12809 and Stop Loss of 1.09222

Alternative scenario

Recommended opening short positions (Sell Limit) from the level of 1.11885, with Take Profit of 1.08443 and Stop Loss of 1.12809

Scenario
Recommendation
BUY LIMIT

Entry Point
1.10904

Take Profit
1.12809

Stop Loss
1.09222

Key Levels
1.08443, 1.09222, 1.10904, 1.11885, 1.12809
Alternative scenario
Recommendation
SELL LIMIT

Entry Point
1.11885

Take Profit
1.08443

Stop Loss
1.12809