Technical Analysis Report 03 Jan. 2022

profile-image
EnclaveFX
Jan 03, 2022
invoices

GBP/TRY performance forecast for Today:

Let’s have a look at the chart over the last four hours. The Tenkan-sen line is higher than the Kijun-sen line, the red line points upwards, and the blue line is horizontal. The Chikou Span confirmation line is above the price chart, and the present cloud increases. The gadget has made its way into the cloud. One preceding Chikou Span line minimums is likely to act as a support level (19.1072). The Kijun-sen line is the closest level of resistance (17.4276).

The Tenkan-sen line is below Kijun-sen on the daily chart, the red line points downwards, and the blue line remains horizontal. The Chikou Span confirmation line is above the price chart, and the present cloud is declining. Between the Tenkan-sen and Kijun-sen lines, the instrument trades. One preceding Chikou Span line minimums is likely to act as a support level (18.9720). The Tenkan-sen line is the closest degree of resistance (17.4434).

The instrument is trading within the cloud on the four-hour chart. The bullish trend is still firm on the daily chart. Long positions should be opened at current prices with a target of the previous maximum of the Chikou Span line (18.9720) and a stop loss at the cloud’s upper border (17.4434).

Today’s Prediction for GBP/CAD:

Let’s have a look at the chart over the last four hours. The Tenkan-sen and Kijun-sen lines have joined and are now both pointing downhill. The Chikou Span confirmation line is below the price chart, and the present cloud increases. The gadget has made its way into the cloud. One preceding Chikou Span line minimums is likely to act as a support level (1.6993). The cloud’s lower border is the closest resistance level (1.7158).

The Tenkan-sen line is above the Kijun-sen line on the daily chart, the red line points upwards, and the blue line remains horizontal. The Chikou Span confirmation line is above the price chart, and the present cloud increases. The gadget has made its way into the cloud. The Kijun-sen line is the closest level of support (1.7001). The cloud’s lower border is the most immediate resistance level (1.7157).

The instrument is trading within the cloud on the four-hour chart. The device is changing within the shadow on the daily chart. Opening positions at the current price are not recommended. Pending orders should be placed at the cloud’s edges: sell at 1.7087 with a Take Profit of 1.6986 and a Stop Loss of 1.7139; buy at 1.7121 with a Take Profit of 1.7224 and a Stop Loss of 1.7071.

Today’s Forecast for EUR/AUD:

Let’s have a look at the chart over the last four hours. The Tenkan-sen and Kijun-sen have joined, and the lines are now horizontal. The Chikou Span confirmation line is below the price chart, and the current cloud is descending. The instrument trades above the Tenkan-sen and Kijun-sen lines, indicating that the bullish trend remains intact. One of the preceding Chikou Span line minimums is likely to act as a support level (1.5525). The cloud’s upper boundary is the closest resistance level (1.5685).

Let’s have a look at the chart over the last four hours. The Tenkan-sen and Kijun-sen have joined, and the lines are now horizontal. The Chikou Span confirmation line is below the price chart, and the current cloud is descending. The instrument trades above the Tenkan-sen and Kijun-sen lines, indicating that the bullish trend remains intact. One of the preceding Chikou Span line minimums is likely to act as a support level (1.5525). The cloud’s upper boundary is the closest resistance level (1.5685).

The Tenkan-sen line is below Kijun-sen on the daily chart, the red line points downwards, and the blue line remains horizontal. The Chikou Span is crossing the line of confirmation. The price chart from above, and the current cloud is increasing. The gadget has made its way into the cloud. One preceding Chikou Span line minimums is likely to act as a support level (1.5513). The Tenkan-sen line is the closest degree of resistance (1.5692).