Technical analysis EURCAD for 09.02.2022

09.02.2022 15:26
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 1.4430. The closest resistance is the level 1.4515

Key levels

  • 1.4825, 1.4745, 1.4635, 1.4515, 1.4430, 1.4370, 1.4305, 1.4205, 1.4100

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 1.4635 and Stop Loss of 1.4430

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.4430, with Take Profit of 1.4305 and Stop Loss of 1.4515
Guión
Recomendación
BUY

Punto de entrada

Take Profit
1.4635

Stop Loss
1.4430

Niveles clave
1.4825, 1.4745, 1.4635, 1.4515, 1.4430, 1.4370, 1.4305, 1.4205, 1.4100
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.4430

Take Profit
1.4305

Stop Loss
1.4515