Technical analysis USDCAD for 30.10.2023

30.10.2023 17:39
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. 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. The closest support is the level 1.38200. The closest resistance is the level 1.38800

Key levels

  • 1.39200, 1.38800, 1.38200, 1.37825, 1.37400

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.38200, with Take Profit of 1.38800 and Stop Loss of 1.37825

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.37825, with Take Profit of 1.37400 and Stop Loss of 1.38200

Guión
Recomendación
BUY LIMIT

Punto de entrada
1.38200

Take Profit
1.38800

Stop Loss
1.37825

Niveles clave
1.39200, 1.38800, 1.38200, 1.37825, 1.37400
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.37825

Take Profit
1.37400

Stop Loss
1.38200