Technical analysis USDCAD for 14.10.2022

14.10.2022 18:17
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. 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 1.3870. The closest resistance is the level 1.3965

Key levels

  • 1.4115, 1.3965, 1.3870, 1.3800, 1.3725, 1.3630, 1.3500

Trading scenario

  • Recommended opening long positions (Buy) at the current price, with Take Profit of 1.3965 and Stop Loss of 1.3800

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.3800, with Take Profit of 1.3630 and Stop Loss of 1.3870
Guión
Recomendación
BUY

Punto de entrada

Take Profit
1.3965

Stop Loss
1.3800

Niveles clave
1.4115, 1.3965, 1.3870, 1.3800, 1.3725, 1.3630, 1.3500
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.3800

Take Profit
1.3630

Stop Loss
1.3870