Technical analysis USDCAD for 27.08.2024

27.08.2024 17:15
Intradía
Técnico

The Tenkan-sen line is located below the Kijun-sen line. 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 1.34325. The closest resistance is the level 1.34875

Key levels

  • 1.36050, 1.35650, 1.35200, 1.34875, 1.34325, 1.33900

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 1.34875, with Take Profit of 1.34325 and Stop Loss of 1.35200

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 1.35200, with Take Profit of 1.35650 and Stop Loss of 1.34875

Guión
Recomendación
SELL LIMIT

Punto de entrada
1.34875

Take Profit
1.34325

Detener la pérdida de
1.35200

Niveles clave
1.36050, 1.35650, 1.35200, 1.34875, 1.34325, 1.33900
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
1.35200

Take Profit
1.35650

Detener la pérdida de
1.34875