-
the GBPCAD pair is now moving at a bearish trend which can be recognized by the down red arrow above the price and at the same time you can monitor the sell cross between the snake and T2_clean on the 1H chart.
Now to define the levels which may affect the direction you can use the support level at 1.7715 as a good area to claim the profits or keep selling if the price breaks it down while on the other hand the level 1.78 could be used as a resistance which the stop loss level can be set.
Finally selling can be the right decision for now until an opposite buy cross occurs on the indicators or a blue up arrow is shown http://bigimage.cz/photos/20141121141655823156780.gif
-
pair- gbp/cad
analysis time frame- m30
http://i62.tinypic.com/ju976d.jpg
the stoch indicator is showing oversold as moving level 20 and in the price chart its break the daily support at 1.7617 level with having down trend signal with parabolic sar. hold the short entry with take profit at 1.7500 and stop loss at the 1.7666
good luck.
-
On our GBPCAD pair today we can see that the price is taking a downward direction and that’s due to the red dots above the candles if the price kept its position lower than the strong resistance 1.7953 which happens to be a weekly pivot level then I can assume that price would be taking a south direction till it reaches the weekly pivot support 1.7541 .
On the other hand if the price penetrated the resistance at the level 1.7953 and blue dots appeared indicating bullish signals then I can assume that the price will be taking a north direction till it reaches the resistance of the level 1.8219 of the next Pivot level.
http://bigimage.cz/photos/20141123141677810667669.gif .
-
pair- gbp/cad
analysis time frame- m30
http://i58.tinypic.com/261zspl.jpg
the price has been break the pivot point at 1.7622 level with having parabolic sar up trend signal. the macd indicator is also above the zero level so price may be move to the resistance at 1.7725 level. long with stop loss at 1.7525
good luck.
-
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 1.7478 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 1.7743 .
On the other hand if the price penetrated the support at the level 1.7478 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 1.7374 of the next Pivot level.
http://bigimage.cz/photos/20141124141686324104028.gif .
-
pair- gbp/cad
analysis time frame- m30
http://i61.tinypic.com/v7e90i.jpg
the up movement of the price is not able to break the resistance of fibo at 78.6 and moving down side. the macd indicator is making lower to low with stoch indicator. its down movement can expected. short with take profit at 1.7596 and stop loss at 1.7776
good luck.
-
On our GBPCAD pair today we can see that the price is taking a downward direction and that’s due to the red dots above the candles if the price kept its position lower than the strong resistance 1.7743 which happens to be a weekly pivot level then I can assume that price would be taking a south direction till it reaches the weekly pivot support 1.7478 .
On the other hand if the price penetrated the resistance at the level 1.7743 and blue dots appeared indicating bullish signals then I can assume that the price will be taking a north direction till it reaches the resistance of the level 1.7904 of the next Pivot level.
http://bigimage.cz/photos/20141125141695250155710.gif .
-
http://prntscr.com/5a8aed
analysis for today 11 / 26 / 2014
GBP/CAD
Resistance : R1 1.7749 R2 1.7774 R3 1.7794 R4 1.7824
Support : S1 1.7624 S2 1.7599 S3 1.7579 S4 1.7549
Open : 1.7682
High : 1.7699
Low : 1.7674
Range : 0.0025 Pips
Running Price : 1.7681
Strategy : SELL at the level 1.7681 stop loss at the level 1.7749 target take profit at the level 1.7579 or at the level 1.7549
-
I think thatafter retesting the support level at 1.7737 the price will rise to the resistance level at 1.7822.
http://i.imgur.com/lFPkNea.png
-
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 1.7478 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 1.7743 .
On the other hand if the price penetrated the support at the level 1.7478 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 1.7374 of the next Pivot level.
http://bigimage.cz/photos/20141126141703655118705.gif .
