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Thread: Gbp/Cad

  1. #5296
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    GBPCAD 4 Hour Elliott Wave Analysis 3.21.2019

    Besides we have bullish sequences in August 2018 cycle, short term rally from the 1.697 low has 5 waves structure which supports idea of further rally. 5 waves from the mentioned low suggests we have ended only the first leg of potential Elliott Wave ZIG ZAG Pattern. So once B pull completes we can get another leg up C red. As of right now GBPCAD is correcting the short term cycle from the 1.697 low. Pull back is labeled as B red , having ((a)) ((b)) ((c)) subdivisions. We see pull back incomplete when we can still be in ((c)) black leg. Chart is calling for potentially another leg lower, however we don't recommend selling it.

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  3. #5295
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    technical analysis of Gbp/Cad

    Parabolic is : sell
    Moving average:sell

    Current price:1.7653
    Pivot point:1.7689

    Resistance and Supporting level :

    1.Resistance level is : 1.7664
    2.Resistance level is :1.7678
    3.Resistance level is : 1.7695

    1.Supporting level is : 1.7630
    2.Supporting level is : 1.7615
    3.Supporting level is :1.7605

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #5294
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    Gbp/Cad

    Resistance and Supporting levels:

    Resistance is:1.7730
    Resistance is: 1.7740
    Resistance is: 1.7752

    Support is: 1.7704
    Support is:1.7680
    Support is:1.7677

    That is my analysis for today and please that's not 100% guarantee that you will be in profit because loss and profit is the part of Forex Business.

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    today's market technical over view for gbp/cad

    according to market technical analysis the market have up trend
    the market trend could remain in this position
    expected resistance and support levels
    market price ----------1.7649

    1- Resistance level----------1.7662
    2- Resistance level----------1.7675
    3- Resistance level----------1.7686
    1- Support level-------------1.7634
    2- Support level-------------1.7621
    3- Support level-------------1.7611

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    Today gbp/cad rate is 1.76617
    In my observation the profitable next selling ponit will be 1.76500
    and by my mind the profitable next buy point will be 1.76700
    You will earn more money if you will follow my views
    because i have posted this after checking the previous routine clearly
    good luck

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    Quote Originally Posted by m148 View Post
    Day = 2019.03.27
    Pair = GBPCAD
    Time Frame = Hourly

    Results of analysis of the daily pivot point calculations

    I see this pair still in strong bullish movement . If this pair can break the 1.7702 resistance level, I predict this pair will go up to the next resistance level at 1.7750 But if this pair go down and break 1.7651 support level, I predict this pair will make some correction to the next support level at around 1.7599

    Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 1.7752 and take profit at 1.7665

    my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

    This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation

    1. Resistance level is. 1.7739
    2. Resistance level is. 1.7750
    3. Resistance level is. 1.7762

    1. Supporting level is. 1.7713
    2. Supporting level is. 1.7702
    3. Supporting level is. 1.7690
    GbpCad technical analysis by using : Auto pivot indicator.

    resistent level 1 - 1.7785
    resistent level 2 - 1.7748
    resistent level 3 - 1.7714
    pivot point - 1.7677
    support level 1 - 1.7643
    support level 2 - 1.7606
    support level 3 - 1.7572

    Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the lower level to perform a upward signal
    on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.

    Indicators Signal
    Simple Moving Area (48): Down
    Momentum (28): Down
    Stochastic Oschilator : Down
    Standard Deviation 60 : Neutral

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    Gbp/Cad
    hi every one me app sab members ko welcome karta ho Gbp/cad par discussion ke leye . thanks

    ---------- Post added at 06:42 PM ---------- Previous post was at 06:42 PM ----------

    today's high low and pivot points
    High 1.7513 Low 1.7448

    Pivot Points
    S3 S2 S1 Pivot R1 R2 R3
    Classic 1.7299 1.7342 1.7406 1.7449 1.7513 1.7556 1.7620
    Camarilla 1.7442 1.7451 1.7461 1.7449 1.7481 1.7491 1.7500
    Fibonacci 1.7342 1.7383 1.7408 1.7449 1.7490 1.7515 1.7556
    Woodie NaN 1.7347 1.7418 1.7454 1.7524 1.7561 NaN

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    Currency pair is : Gbp/Cad


    Current price:1.7653

    pivot point :1.7689

    Moving average:sell

    volume Oscillator:sell


    Resistance level of this pair is:

    1# Resistance is: 1.7668
    2# Resistance is: 1.7684
    3# Resistance is: 1.7697

    Supporting level of this pair is :

    1# Supporting is: 1.7640
    2# Supporting is: 1.7626
    3# Supporting is: 1.7613

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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  16. #5288
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    Quote Originally Posted by m148 View Post
    Day = 2019.03.27
    Pair = GBPCAD
    Time Frame = Hourly

    Results of analysis of the daily pivot point calculations

    I see this pair still in strong bullish movement . If this pair can break the 1.7702 resistance level, I predict this pair will go up to the next resistance level at 1.7750 But if this pair go down and break 1.7651 support level, I predict this pair will make some correction to the next support level at around 1.7599

    Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 1.7752 and take profit at 1.7665

    my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

    This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation

    1. Resistance level is. 1.7739
    2. Resistance level is. 1.7750
    3. Resistance level is. 1.7762

    1. Supporting level is. 1.7713
    2. Supporting level is. 1.7702
    3. Supporting level is. 1.7690
    once in the prediction of several indicators for the technical analysis of currency pairs GbpCad on the market today are at the 1.7621 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 1.7706 positions. You put a stop loss at 1.7619 positions

    that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend Up

    The following resistance and supporting level of this pairs is as below :
    The First Resistent = 1.7691
    Second Resistent = 1.7703
    Third Resistent = 1.7716
    The First Support = 1.7621
    Second Support = 1.7608
    Third Support = 1.7596

    my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk. please.. share your analysis, so we can discuss in this forum to maximize our profit
    Forex is very dangerous and high level of risk online business, and may not be suitable for all investors. before deciding to trade Forex, you should carefully consider your investment objectives, level of experience, and risk appetite. the possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. thanks..

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Day = 2019.03.27
    Pair = GBPCAD
    Time Frame = Hourly

    Results of analysis of the daily pivot point calculations

    I see this pair still in strong bullish movement . If this pair can break the 1.7702 resistance level, I predict this pair will go up to the next resistance level at 1.7750 But if this pair go down and break 1.7651 support level, I predict this pair will make some correction to the next support level at around 1.7599

    Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 1.7752 and take profit at 1.7665

    my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

    This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation

    1. Resistance level is. 1.7739
    2. Resistance level is. 1.7750
    3. Resistance level is. 1.7762

    1. Supporting level is. 1.7713
    2. Supporting level is. 1.7702
    3. Supporting level is. 1.7690

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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