-
http://prntscr.com/3sngew
analysis for today 6 / 16 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCAD on the date 6 / 13 / 2014
OPEN 1.8373
HIGH 1.8444
LOW 1.8363
CLOSED 1.8408
The third resistance (R3) 1.8444 -( 1.8405 - 1.8363 = 0.0042 x 2 = 0.0084 )= 1.8528
The second Resistance (R2) 1.8405 + 1.8444 - 1.8363 = 1.8486
First resistance (R1) 1.8405 x 2 = 3.6810 - 1.8363 = 1.8447
pivot points 1.8444 + 1.8363 + 1.8408 = 5.5215 / 3 = 1.8405
Support for the first (S1) 1.8405 x 2 = 3.6810 - 1.8444 = 1.8366
Support second (S2) 1.8405 -( 1.8444 - 1.8363 = 0.0081 ) = 1.8324
Third Support (S3) 1.8363 -( 1.8444 - 1.8405 = 0.0039 x 2 = 0.0078 )= 1.8285
-
http://prntscr.com/3taz3e
analysis for today 6 / 16 / 2014
GBP/CAD
Resistance : R1 1.8484 R2 1.8509 R3 1.8529 R4 1.8559
Support : S1 1.8384 S2 1.8359 S3 1.8339 S4 1.8309
Open : 1.8409
High : 1.8459
Low : 1.8409
Range : 50 Pips
Running Price : 1.8444
Strategy : BUY at the level 1.8444 stop loss at the level 1.8384 target take profit at the level 1.8529 or at the level 1.8559
-
http://prntscr.com/3tel9a
analysis for today 6 / 16 / 2014
GBP/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.8413
Retracement (50%) 1.8404
retracement (61,8%) 1.8394
Extensions (61.8%) 1.8494
Extensions (100.0%) 1.8525
Extensions (138.2%) 1.8556
Extensions (161.8%) 1.8575
calculation based on a Fibonacci retracement then today I choose buy
-
pair- gbp/cad
chart analysis time frame- m30
http://i62.tinypic.com/rgwakj.jpg
the macd indicator is going to move below the level zero and giving down movement of the price but in the price chart its hold at the support 1.8400 level that may not break and the price will again up side. if this is break the 1.8455 then make long entry with take profit at 1.8500
good luck
-
http://prntscr.com/3tlg8u
analysis for today 6 / 17 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCAD on the date 6 / 16 / 2014
OPEN 1.8409
HIGH 1.8462
LOW 1.8401
CLOSED 1.8412
The third resistance (R3) 1.8462 -( 1.8425 - 1.8401 = 0.0024 x 2 = 0.0048 )= 1.8510
The second Resistance (R2) 1.8425 + 1.8462 - 1.8401 = 1.8486
First resistance (R1) 1.8425 x 2 = 3.6850 - 1.8401 = 1.8449
pivot points 1.8462 + 1.8401 + 1.8412 = 5.5275 / 3 = 1.8425
Support for the first (S1) 1.8425 x 2 = 3.6850 - 1.8462 = 1.8388
Support second (S2) 1.8425 -( 1.8462 - 1.8401 = 0.0061 ) = 1.8364
Third Support (S3) 1.8401 -( 1.8462 - 1.8425 = 0.0037 x 2 = 0.0074 )= 1.8327
-
pair- gbp/cad
chart analysis time frame- m30
http://i58.tinypic.com/30ctvkx.jpg
the price down movement hold at the support 1.8387 level and moving up with having the up trend signal with parabolic sar and macd long trend signal. this will be break the resistance at 1.8450 level and move to the 1.8500 long with stop loss at 1.8375
good luck
-
http://prntscr.com/3tq6mt
analysis for today 6 / 17 / 2014
GBP/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.8439
Retracement (50%) 1.8432
retracement (61,8%) 1.8424
Extensions (61.8%) 1.8500
Extensions (100.0%) 1.8523
Extensions (138.2%) 1.8546
Extensions (161.8%) 1.8561
calculation based on a Fibonacci retracement then today I choose buy
-
http://prntscr.com/3tx5zr
analysis for today 6 / 18 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCAD on the date 6 / 17 / 2014
OPEN 1.8411
HIGH 1.8445
LOW 1.8385
CLOSED 1.8421
The third resistance (R3) 1.8445 -( 1.8417 - 1.8385 = 0.0032 x 2 = 0.0064 )= 1.8509
The second Resistance (R2) 1.8417 + 1.8445 - 1.8385 = 1.8477
First resistance (R1) 1.8417 x 2 = 3.6834 - 1.8385 = 1.8449
pivot points 1.8445 + 1.8385 + 1.8421 = 5.5251 / 3 = 1.8417
Support for the first (S1) 1.8417 x 2 = 3.6834 - 1.8445 = 1.8389
Support second (S2) 1.8417 -( 1.8445 - 1.8385 = 0.0060 ) = 1.8357
Third Support (S3) 1.8385 -( 1.8445 - 1.8417 = 0.0028 x 2 = 0.0056 )= 1.8329
-
http://s14.postimg.org/5zdcd12ld/bieela_2014_06_18.jpg
It is clear that GBPCAD will continue its bearish trend up to the level of 1.8389 or may be lower than that level, it is seen from the moving average indicator that has accompanied the cross and Stoch indicator that shows the sell signal.
-
http://prntscr.com/3tzqic
analysis for today 6 / 18 / 2014
GBP/CAD
Resistance : R1 1.8464 R2 1.8489 R3 1.8509 R4 1.8539
Support : S1 1.8392 S2 1.8367 S3 1.8347 S4 1.8317
Open : 1.8420
High : 1.8467
Low : 1.8389
Range : 78 Pips
Running Price : 1.8399
Strategy : SELL at the level 1.8399 stop loss at the level 1.8464 target take profit at the level 1.8347 or at the level 1.8317