Technical analysis USDCAD for 16.10.2024

16.10.2024 05:47
Harian
Teknikal

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

Senario
Syor
BUY LIMIT

Titik Entri
1.37678

Ambil untung
1.38373

Stop Loss
1.37377

Level utama
1.37377, 1.37678, 1.37898. 1.38102, 1.38373
Senario pilihan
Syor
SELL LIMIT

Titik Entri
1.37898

Ambil untung
1.37377

Stop Loss
1.38102