Thread: Gbp/Cad
The Cable, on the other hand, remained well offered while the common currency benefited from the weakness in the US dollar, led by a sharp plunge in USD/JPY .
Main Topics in Asia
Breaking: USD/JPY drops more than 300 pips in minutes as risk aversion hits markets.
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FA148P (2019-01-03), NOOR151 (2019-01-06), PAK786 (2019-01-04), Sarfrazsagar (2019-05-30), Shahzada (2019-01-04), Unregistered (2)
The Antipodeans were also hammered , with the losses accentuated in the Aussie, thanks to the massive drop in the AUD/JPY cross. The Kiwi consolidated the slide to 0.6591 level, but remained exposed to further downside risks. Meanwhile, the USD/CAD pair staged a solid comeback to the recent highs near 1.3650 region amid a fresh sell - off in oil prices.
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With holiday-thinned markets having exaggerated the downside. The spot managed to recover some ground during the Asian trades but faded the recovery on the 107 handle. The yen crosses were the big overs, with the fear gauge, AUD/JPY down nearly 2.50% on the 74 handle while GBP/JPY attacks 134 handle once again, losing - 2.25% on the day.
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the combine value already touched daily resistance one level one.7280
and higher line.
currently the worth try and move down ward.
i believe the worth might bit daily pivot purpose one.7370
thus purchase currently from one.7323
the pivot purpose are going to be my target
stop loss are going to be on top of the resistance one level one.7280
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The risk-off sentiment was the main underlying thee across the fx markets in Asia this Thursday, as the overnight Apple Inc warning-led "flash crash " moves shunned investors' appetite towards the risk assets . The safe-haven Japanese Yen outperformed, rallying nearly 400 pips in a matter of seconds to reach the 105 level versus its American peer,
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Daily analysis of the pair Gbp./Cad
today trend is: sell
Resistance level:
1- Resistance : 1.7042
2- Resistance : 1.7056
3- Resistance : 1.7069
Supporting level :
1- Supporting : 1.7004
2- Supporting : 1.6988
3- Supporting : 1.6976
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bearish trend seems to be taking place on the GBPCAD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bearish trend, now current price at 1.7030 and strong resistent at level 1.7050 in hourly time frame. there is possible chance price will move to up side. then next low price is 1.6980
I suggest to entry SELL with stoploss at 1.7065 and take profit at 1.6980
I hope you can earn consistent profit from my signal, good luck
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my dear sir today of my tachnical analysis is gbp cad buy to bullish
1-Resistance level = 1.7190
2-Resistance level = 1.7200
3-Resistance level = 1.7208
1-Support level = 1.7162
2-Support level = 1.7152
3-Support level = 1.7142
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babar8487 (2019-01-03), NOOR151 (2019-01-06), PAK786 (2019-01-04), Shahzada (2019-01-03), yulbang111 (2019-01-03)
GBP/CAD market technical analysis
- current price of the pair = 1.7049
- market have bearish trend and in sell position
- market resistance and support levels
Resistance levels
R1 1.7063
R2 1.7075
R3 1.7085
Support levels
S1 1.7036
S2 1.7024
S3 1.7013
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.
Anees786 (2019-01-04), ayazfx (2019-01-03), FA148P (2019-01-03), PAK786 (2019-01-04), sarfraz786 (2019-01-05), Shahzada (2019-01-03), yulbang111 (2019-01-03)
Today's Technical Analysis Of GBP/CAD Trend Is Bearish
Rupporting Lever Are Resistance Lever
Resistance level fist;1.7180
Resistance level 2nd;1.7199
Resistance level 3rd;1.7215
Supporting level fist;1.7155
Supporting level 2nd;1.7130
Supporting level 3rd;1.7105
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.
ayazfx (2019-01-03), babar8487 (2019-01-03), PAK786 (2019-01-04), Shahzada (2019-01-03), tradetiger (2019-01-04), washaccount (2019-01-04), Younas007 (2019-01-03)
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