Technical analysis USDCAD for 16.10.2024
16.10.2024 05:47
Intradía
Técnico
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud turned over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines
Key levels
1.37377, 1.37678, 1.37898. 1.38102, 1.38373
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 1.37678, with Take Profit of 1.38373 and Stop Loss of 1.37377
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 1.37898, with Take Profit of 1.37377 and Stop Loss of 1.38102
Guión
Recomendación
BUY LIMIT
Punto de entrada
1.37678
Take Profit
1.38373
Detener la pérdida de
1.37377
Niveles clave
1.37377, 1.37678, 1.37898. 1.38102, 1.38373
Escenario alternativo
Recomendación
SELL LIMIT
Punto de entrada
1.37898
Take Profit
1.37377
Detener la pérdida de
1.38102