Gbp/Cad

[mikedmontier]

Pair: GBPCAD
Type of analysis: Technical
Time frame: H1
Channel line: Bullish above pivot
Fibonacci Indicator: Bullish expansion
William %R Indicator: Bullish (continuation trend)

Final decision: Bullish

[mary]

As we can see in the GBPCAD chart the main trend is currently taking a down direction and that�s because of the position of the 5 and 6 EMAs which are below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
The parabolic sar indicator shows that the price might be taking a upward direction according to the dots below the candles The MACD indicator is giving me a sell signal which is currently moving below the 0 level also the CCI line is performing a upward signal as is at the Higher level.
As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead.
.

[BURHANFX]

http://prntscr.com/4w4epo
analysis for today 10 / 14 / 2014
GBP/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.8245
Retracement (50%) 1.8230
retracement (61,8%) 1.8215

Extensions (61.8%) 1.8369
Extensions (100.0%) 1.8416
Extensions (138.2%) 1.8463
Extensions (161.8%) 1.8493
calculation based on a Fibonacci retracement then today I choose buy

[RaKalan]

the actual match so that as you can notice from your graph has finished it can be everyday candle within how much 1. 5300, thus, which is suggest the actual down trend is still positioned and also the match will be maneuvering to 1. 5260 after that 1. 5230.

[mikedmontier]

Pair: GBPCAD
Type of analysis: Technical
Time frame: H1
Channel line: Bearish under pivot
Fibonacci Indicator: Bearish expansion
William %R Indicator: Bearish (swing low)

Final decision: Bearish

[ANDRIAS]

http://prntscr.com/4w1ozs
analysis for today 10 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPAUD on the date 10 / 13 / 2014
OPEN 1.8491
HIGH 1.8587
LOW 1.8311
CLOSED 1.8331

The third resistance (R3) 1.8587 -( 1.8410 - 1.8311 = 0.0099 x 2 = 0.0197 )= 1.8784
The second Resistance (R2) 1.8410 + 1.8587 - 1.8311 = 1.8686
First resistance (R1) 1.8410 x 2 = 3.6819 - 1.8311 = 1.8508
pivot points 1.8587 + 1.8311 + 1.8331 = 5.5229 / 3 = 1.8410
Support for the first (S1) 1.8410 x 2 = 3.6819 - 1.8587 = 1.8232
Support second (S2) 1.8410 -( 1.8587 - 1.8311 = 0.0276 ) = 1.8134
Third Support (S3) 1.8311 -( 1.8587 - 1.8410 = 0.0177 x 2 = 0.0355 )= 1.7956

[wench]

On our GBPCAD pair today we can see that the price is taking a upward direction and that�s due to the blue dots below the candles if the price kept its position higher than the strong support 1.7888 which happens to be a weekly pivot level then I can assume that price would be taking a north direction till it reaches the weekly pivot resistance 1.8076 .
On the other hand if the price penetrated the support at the level 1.7888 and red dots appeared indicating bearish signals then I can assume that the price will be taking a south direction till it reaches the support of the level 1.7783 of the next Pivot level.
.

[aliali1]

on the GBPCAD one hour chart you can see a green arrow which indicates a bullish trend for now which has a top supporting it at 1.7985 also it can be used as a strong support as the price shouldn't go above it the trend still as a bullish trend.
And the dots of the parabolic sar indicator located below the candles and that sign for the price to go up In case of there are buying trades are taking place then i think that the 1.8035 is a good place to close a part from your opening trades because the price has a good chance to go down after hitting it .

[clark]

On the GBPCAD chart we can see that the prices are currently upper than that 15 EMA line which could act greatly as a bullish trend sign for the day.
A good upward direction signal is indicated by the power line indicator which is above the 50 level now.
Also a low power of the bullish trend is shown by the power momentum indicator which is really important as it can be used to filter the buy position's entry.
.

[mary]

As we can see in the GBPCAD chart the main trend is currently taking a down direction and that�s because of the position of the 5 and 6 EMAs which are below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
The parabolic sar indicator shows that the price might be taking a upward direction according to the dots below the candles The MACD indicator is giving me a sell signal which is currently moving below the 0 level also the CCI line is performing a upward signal as is at the Higher level.
As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead.
.