SubscribeDaily analysis for GBPCAD, flat correction down 1.7342 much lower, testing second daily support 1.7383
Elliott 1.7510
Closing 1.7437
Ex-Low 1.7433
Ex-High 1.7510
Support 1 1.7411
Support 2 1.7384
Resistance 1 1.7488
Resistance 2 1.7538
Thread: Gbp/Cad
Daily analysis for GBPCAD, flat correction down 1.7342 much lower, testing second daily support 1.7383
Elliott 1.7510
Closing 1.7437
Ex-Low 1.7433
Ex-High 1.7510
Support 1 1.7411
Support 2 1.7384
Resistance 1 1.7488
Resistance 2 1.7538
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Market Analysis
GBPCAD
Trend Bullish
PIVOT 1.7027
R 1 1.7137
R 2 1.7242
R 3 1.7302
S 1 1.6972
S 2 1.6912
S 3 1.6807
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the GBPCAD I can draw a bearish channel as you can see to narrow the market movement area between 2 trend lines Using the donchain channel you can see the price moving at the up edge of it then I can think about selling the price as long as no opposute signs appears on awesome oscillator Currently the awesome oscillator has a green bars which appears below the level of 0 which can be considered as a good buy signal Same on the stostatic indicator which show a sell signal by getting an down intersection between two lines near the 80 th level Till now bearish trend seems to be a stronger choise and by the way selling the pair targeting the low level of donchain channel is not bad idea
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QamarXulqi (2019-05-22), zainm6050 (2019-05-23)
Gbp/Cad
pivot point is:1.7078
Parabolic is:sell
Moving average is:sell
So Resistance and Supporting Level is,,,,
Resistance Level is:
1,Resistance is:1.7049
2,Resistance is:1.7060
3,Resistance is:1.7075
Supporting Level is:
1,Supporting is:1.7024
2,Supporting is:1.7012
3,Supporting is:1.7001
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Technical analysis of Gbp/Cad is sell
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1.6996
2> Resistance level is: 1.7048
3> Resistance level is: 1.7087
Supporting level is
1> Supporting level is: 1.6925
2> Supporting level is: 1.6873
3> Supporting level is: 1.6841
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QamarXulqi (2019-05-22), zainm6050 (2019-05-23)
Today technical analysis of Gbp/cad is sell
Piviot Point is :1.6980
Resistance and supporting level is:
Resistance level is :
My Resistance is ,,,
Resistance level first: 1.7020
Resistance level 2nd : 1.7055
Resistance level 3rd: 1.7080
My support is,,,,,
Supporting level first: 1.6967
Supporting level 2nd: 1.6954
Supporting level 3rd:1.6942
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buildmoney (2019-05-22), PAK (2019-05-22), Unregistered (2), zainm6050 (2019-05-23)
Gbp/Cad
current price is : 1.7041
parabolic trend : Buy
moving average :Buy
Strong Resistance and Supporting levels ,,
Strong Resistance level first,
Resistance 1>1.7055
Resistance 2>1.7067
Resistance 3>1.7082
Strong Supporting level now,
Supporting 1>1.7023
Supporting 2>1.7011
Supporting 3>1.6995
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Eur technical analysis by using : Auto pivot indicator.
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 below 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.
resistance level 1 : 1.7107
resistance level 2 : 1.7070
resistance level 3 : 1.7036
pivot point : 1.6999
support level 1 : 1.6965
support level 2 : 1.6928
support level 3 : 1.6894
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irmafuad (2019-05-23), ismar (2019-05-23), m148 (2019-05-27), mansurep (2019-05-28), QamarXulqi (2019-05-22), yulbang111 (2019-05-27), yuyul (2019-05-23), zainm6050 (2019-05-23)
Gbp/Cad
current price is : 1.7041
parabolic trend : Buy
moving average :Buy
Strong Resistance and Supporting levels ,,
Strong Resistance level first,
Resistance 1>1.7055
Resistance 2>1.7067
Resistance 3>1.7082
Strong Supporting level now,
Supporting 1>1.7023
Supporting 2>1.7011
Supporting 3>1.6995
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GBP CAD Its a BIG Data for Both Long on the dip or go in live and use lower trendline for resistance . GBP has been toast as of late , we saw a little bounce late Tuesday on the back of some Brexit clarity , GBP has dropped more Nearly 500 pips to the CAD in a week. Lots of early GBP news tomorrow and CAD news later may give this the bounce it needs .
1. Resistance is. 1.7060
2. Resistance is. 1.7070
3. Resistance is. 1.7080
1. Supporting is. 1.7037
2. Supporting is. 1.7013
3. Supporting is. 1.6991
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.
JamesX9 (2019-05-22), QamarXulqi (2019-05-22), siqidir (2019-05-22), Unregistered (1), zainm6050 (2019-05-23)
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