Technical analysis USDCAD for 16.10.2024

16.10.2024 05:47
Внутридневный
Технический

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

Сценарии
Рекомендации
BUY LIMIT

Точка входа
1.37678

Взять прибыль
1.38373

Stop Loss
1.37377

Ключевые уровни
1.37377, 1.37678, 1.37898. 1.38102, 1.38373
Альтернативный сценарий
Рекомендации
SELL LIMIT

Точка входа
1.37898

Взять прибыль
1.37377

Stop Loss
1.38102