Woodie's pivot point calculation
time frame = Daily
pair = gbp/cad
Date = February 27. 2014
Resistance 2 = 1.86951
Resistance 1 = 1.8618
Pivot point = 1.8530
Support 1 = 1.8497
Support 2 = 1.8409
hopefully can help your trading
good luck.
Thread: Gbp/Cad
Woodie's pivot point calculation
time frame = Daily
pair = gbp/cad
Date = February 27. 2014
Resistance 2 = 1.86951
Resistance 1 = 1.8618
Pivot point = 1.8530
Support 1 = 1.8497
Support 2 = 1.8409
hopefully can help your trading
good luck.
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.
GBP/CAD
Today trend is Bearish.
Resistance level is
R3. 1.7256
R2. 1.7162
R1. 1.7098
Support level is
S1. 1.6938
S2. 1.6844
S3. 1.6780
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my dear sir today of my tachnical analysis is gbp cad sell to bullish
Resistent3: 1.7011
Resistent2: 1.6962
Resistent1: 1.6931
Support 1: 1.6832
Support 2: 1.6801
Support 3: 1.6751
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Gbp/Cad ki market ka pair stronge sell ka bana huwa hai and mujhy lagta next days main market down ki traf movement kar sakti hai so main ye samjhta hun humain yahan se sell ki trade lga deni chahie i hope meri is post se apko profit hasil ho ga and last week k chart ko dekha jaye to market kafi up ho chuki hai and ab ye ab down ki traf ja rahi hai good luck
Current rate :1.70397
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GBPCAD bit on the downside and deeper retreat can be traced back to the lower channel support (now at 1.7271). In the case of another rise, we will remain cautious on topping between 1.7287 and long-term retracement level at 1.7353. Sustained break lower channel support will be the first sign of reversal and will turn outlook bearish for 1.7212 support.
R3: 1.7456
R2: 1.7387
R1: 1.7334
Pp: 1.7270
S1: 1.7223
S2: 1.7187
S3: 1.7132
sell from: 1.7274
target1: 1.7221
Stop loss: 1.7354
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GBP/CAD market technical analysis
- current price of the pair is 1.7030
- market have bullish trend and in buy position
- market resistance and support levels
Resistance levels
R1 1.7052
R2 1.7089
R3 1.7149
Pivot level 1.6992
Support levels
S1 1.6932
S2 1.6895
S3 1.6835
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once in the prediction of several indicators for the technical analysis of currency pairs GBPCAD on the market today are at the 1.6993 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 1.7078 positions. You put a stop loss at 1.6993 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 1.7063
Resistent2 = 1.7075
Resistent3 = 1.7088
Support 1 = 1.6993
Support 2 = 1.6980
Support 3 = 1.6968
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
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I try to make analysis for gbpcad pair today.
I see this pair still in strong bullish movement . If this pair can break the 1.7056 resistance level, I predict this pair will go up to the next resistance level at 1.7104 But if this pair go down and break 1.7005 support level, I predict this pair will make some correction to the next support level at around 1.6953
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 1.7019 and take profit at 1.7106
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
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Today analysis
gbpcad
Trend buy
Support level 1: 1.7020
Support level 2: 1.6980
Support level 3: 1.6940
Resistance level 1: 1.7080
Resistance level 2: 1.7120
Resistance level 3: 1.7160
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Daily (SA148P) updates for gbpcad
////////////Today\\\\\\\\\\\\\\
Standard Support – Resistance:
Resistent3: 1.7011
Resistent2: 1.6962
Resistent1: 1.6931
Pivot level: 1.6881
Support 1: 1.6832
Support 2: 1.6801
Support 3: 1.6751
--- Trading opinion for the best profitable trade: Open buy ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
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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