Technical analysis USDCAD for 25.08.2022
25.08.2022 18:05
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below 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 1.2900. The closest resistance is the level 1.2935
Key levels
- 1.3060, 1.2985, 1.2935, 1.2900, 1.2860, 1.2815, 1.2740
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 1.2900, with Take Profit of 1.2860 and Stop Loss of 1.2935
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 1.2935, with Take Profit of 1.2985 and Stop Loss of 1.2900
Guión
Recomendación
SELL STOP
Punto de entrada
1.2900
Take Profit
1.2860
Stop Loss
1.2935
Niveles clave
1.3060, 1.2985, 1.2935, 1.2900, 1.2860, 1.2815, 1.2740
Escenario alternativo
Recomendación
BUY STOP
Punto de entrada
1.2935
Take Profit
1.2985
Stop Loss
1.2900