Technical analysis USDCAD for 14.05.2024
14.05.2024 18:04
Intradía
Técnico
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 1.36350. The closest resistance is the level 1.36600
Key levels
- 1.36750, 1.36600, 1.36350, 1.36150, 1.35900
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 1.36350, with Take Profit of 1.36600 and Stop Loss of 1.36150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1.36150, with Take Profit of 1.35900 and Stop Loss of 1.36350
Guión
Recomendación
BUY LIMIT
Punto de entrada
1.36350
Take Profit
1.36600
Stop Loss
1.36150
Niveles clave
1.36750, 1.36600, 1.36350, 1.36150, 1.35900
Escenario alternativo
Recomendación
SELL STOP
Punto de entrada
1.36150
Take Profit
1.35900
Stop Loss
1.36350