Technical analysis USDCAD for 24.10.2022

24.10.2022 18:01
Внутридневный
Технический

Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is 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 1.3725. The closest resistance is the level 1.3800

Key levels

  • 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 1.3870 and Stop Loss of 1.3630

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1.3630, with Take Profit of 1.3500 and Stop Loss of 1.3725
Сценарии
Рекомендации
BUY

Точка входа

Take Profit
1.3870

Stop Loss
1.3630

Ключевые уровни
1.3965, 1.3870, 1.3800, 1.3725, 1.3630, 1.3500
Альтернативный сценарий
Рекомендации
SELL STOP

Точка входа
1.3630

Take Profit
1.3500

Stop Loss
1.3725