Technical analysis USDCAD for 14.11.2024

14.11.2024 03:05
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 1.3991. The closest resistance is the level 1.4

Key levels

1.398, 1.3985, 1.991, 1.4, 1.4003

Trading scenario

Recommended opening long positions (Buy Limit) from the level of 1.3985, with Take Profit of 1.4003 and Stop Loss of 1.398

Alternative scenario

Recommended opening short positions (Sell Limit) from the level of 1.4, with Take Profit of 1.398 and Stop Loss of 1.4003

Guión
Recomendación
BUY LIMIT

Punto de entrada
1.3985

Take Profit
1.4003

Detener la pérdida de
1.398

Niveles clave
1.398, 1.3985, 1.991, 1.4, 1.4003
Escenario alternativo
Recomendación
SELL LIMIT

Punto de entrada
1.4

Take Profit
1.398

Detener la pérdida de
1.4003