Gbp/Cad

[troykilson]

According to the analysis made upon the GBPCAD chart today I do notice that a week bearish trend is taking place based on the oscillator which is now at 0.0002 area located below the balance level while at the same time the indicator is giving us a blue signal which makes a week indication that a bearish direction is taking place on the short term. The moving average 5 on the chart giving us a UP slope the top located at the price 1.7983 could be considered a good stop loss for if there were sell orders indicated by the indicators we are using.

[halloiasan]

When trying to analyze the GBPCAD I can draw a bullish 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 down edge of it then I can think about buying 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 buy signal by getting an up intersection between two lines near the 20 th level Till now bullish trend seems to be a stronger choise and by the way buying the pair targeting the high level of donchain channel is not bad idea

[hatrik]

The momentum indicator shows a clear cross on the GBPCAD chart when the blue line heads below the red line to construct a very good selling signal for now On the Oracle Strength indicator a blue color is shown and it is an indication for the bullish direction for the GBPCAD pair.
The blue color of the arrows can be a confirmation for the upward direction at the Oracle direction indicator.
As a result of the previous indicators the Bearish trend would be appeared as the sell cross of the momentum indicator appears on the chart and the sell trades advised to be taken as the ATR indicator still showing a sell signals.
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[RaKalan]

If gbp/cad break of ascending trend line support near 1.7915 can cause the pair to decline towards the re-test of 1.7755 and 1.7685 before testing the 1.7505 psychological support level which also includes 38% Fibo.

[ng1985]

pair- gbp/cad
analysis time frame- h1



the price is making double top chart pattern with having resistance at 1.8055 level. the divergen of macd indicator is also moving to the zero level. if the price is break pivot point 1.7980 then short with take profit at 1.7890 and stop loss at 1.8110

good luck

[ANDRIAS]

http://prntscr.com/4vpv0e
analysis for today 10 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCAD on the date 10 / 10 / 2014
OPEN 1.8024
HIGH 1.8054
LOW 1.7890
CLOSED 1.7999

The third resistance (R3) 1.8054 -( 1.7981 - 1.7890 = 0.0091 x 2 = 0.0182 )= 1.8236
The second Resistance (R2) 1.7981 + 1.8054 - 1.7890 = 1.8145
First resistance (R1) 1.7981 x 2 = 3.5962 - 1.7890 = 1.8072
pivot points 1.8054 + 1.7890 + 1.7999 = 5.3943 / 3 = 1.7981
Support for the first (S1) 1.7981 x 2 = 3.5962 - 1.8054 = 1.7908
Support second (S2) 1.7981 -( 1.8054 - 1.7890 = 0.0164 ) = 1.7817
Third Support (S3) 1.7890 -( 1.8054 - 1.7981 = 0.0073 x 2 = 0.0146 )= 1.7744

[mikedmontier]

Pair: GBPCAD
Type of analysis: Technical
Time frame: H1
Trendline: Bullish above pivot
Fibonacci Indicator: Bearish retracement
William %R Indicator: Bearish oversold

Final decision: Bearish

[mary]

As we can see in the GBPCAD chart the main trend is currently taking a up direction and that�s because of the position of the 5 and 6 EMAs which are Above the 35 EMA and as a result taking buy positions is the right choice once I get the confirmation from the other indicators that the direction will be bullish .
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 buy signal which is currently moving above 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 buying would be the best choice for now according to the EMA locations that of course unless the price gave a bearish signal instead.
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[johnmarcoss]

On the Pair chart today we can see that the Gann SSI indicator is moving in a upward direction while making a GANN SSl color which can only means that a up trend is to be taking place.
I think I�ll be concentrating on the buy orders for the time being unless the support area indicated by the grid at the price support got broken.
According to the Range indicator there is a Range colored range which indicates a buy direction at this moment.
In the end by using the signals coming from the filter indicator the Filter bar on the indicator indicates that we should wait for it to confirm the buy entry.
0 .

[clark]

On the GBPCAD chart we can see that the prices are currently lower than that 15 EMA line which could act greatly as a bearish 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 bearish trend is shown by the power momentum indicator which is really important as it can be used to filter the sell position's entry.
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