Technical analysis USDCAD for 08.10.2024

08.10.2024 15:21
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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 1.36350. The closest resistance is the level 1.36625

Key levels

  • 1.36875, 1.36625, 1.36350, 1.36100, 1.35800

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 1.36350, with Take Profit of 1.36625 and Stop Loss of 1.36100

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.36100, with Take Profit of 1.35800 and Stop Loss of 1.36350

Guión
Recomendación
BUY LIMIT

Punto de entrada
1.36350

Take Profit
1.36625

Detener la pérdida de
1.36100

Niveles clave
1.36875, 1.36625, 1.36350, 1.36100, 1.35800
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1.36100

Take Profit
1.35800

Detener la pérdida de
1.36350