The price is facing the resistance level at 1.9301, that's why I think that we can get in short position with take profit at 1.8675.
http://i.imgur.com/uiz7s38.png
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The price is facing the resistance level at 1.9301, that's why I think that we can get in short position with take profit at 1.8675.
http://i.imgur.com/uiz7s38.png
analysis for today 2 / 16 / 2015
GBPCAD
Resistance : R1 1.9231 R2 1.9256 R3 1.9276 R4 1.9306
Support : S1 1.9120 S2 1.9095 S3 1.9075 S4 1.9045
Open : 1.9189
High : 1.9195
Low : 1.9156
Range : 0.0039 Pips
Running Price : 1.9173
Strategy : SELL at the level 1.9173 stop loss at the level 1.9231 target take profit at the level 1.9075 or at the level 1.9045
Daily Forecast
Pair: GBPCAD
Major Trend: Bearish
Time Frame: H1
Reason: Market still has the potential to go down to correction at 1.9034, but if it can not reach these areas, it will rise again to 1.9189
Recommendation: Sell
I think that this is a good opportunity to get in long position from the support level at 1.9136 with take profit at 1.9270.
http://i.imgur.com/f0lkKui.png
High 1.7513 Low 1.7448
order is made if the price approaching 1.7530 and 1.7450 to buy, so when the price falls to 1.7450 figure we'll be able to produce a good market direction,, our minimum order takeprofit 25 points.
today's high low and pivot points
High 1.7513 Low 1.7448
Pivot Points
S3 S2 S1 Pivot R1 R2 R3
Classic 1.7299 1.7342 1.7406 1.7449 1.7513 1.7556 1.7620
Camarilla 1.7442 1.7451 1.7461 1.7449 1.7481 1.7491 1.7500
Fibonacci 1.7342 1.7383 1.7408 1.7449 1.7490 1.7515 1.7556
Woodie NaN 1.7347 1.7418 1.7454 1.7524 1.7561 NaN
Daily Forecast
Pair: GBPCAD
Major Trend: Bearish
Time Frame: H1
Reason: Market telrlalu weak to penetrate the strong support at 1.9122. BB indicator, straight. Market will go up to 1.9152 or 1.9182
Recommendation: Buy now
analysis for today 2 / 17 / 2015
GBPCAD
Resistance : R1 1.9195 R2 1.9220 R3 1.9240 R4 1.9270
Support : S1 1.9082 S2 1.9057 S3 1.9037 S4 1.9007
Open : 1.9146
High : 1.9157
Low : 1.9120
Range : 0.0037 Pips
Running Price : 1.9123
Strategy : SELL at the level 1.9123 stop loss at the level 1.9195 target take profit at the level 1.9037 or at the level 1.9007
I think that we can put a buy limit order at the support level at 1.8907 with take profit at 1.9093.
http://i.imgur.com/J02X3FQ.png
analysis for today 2 / 18 / 2015
GBPCAD
Resistance : R1 1.9076 R2 1.9101 R3 1.9121 R4 1.9151
Support : S1 1.8952 S2 1.8927 S3 1.8907 S4 1.8877
Open : 1.9015
High : 1.9027
Low : 1.9001
Range : 0.0026 Pips
Running Price : 1.9014
Strategy : SELL at the level 1.9014 stop loss at the level 1.9076 target take profit at the level 1.8907 or at the level 1.8877
The results of the pivot point calculations based on daily time frame prediction and analysis of price movements
Pair = GBPCAD
Wednesday, February 18, 2015
High = 1.9160
Low = 1.8988
Close = 1.9014
Pivot Point Result
R3 = 1.9292
R2 = 1.9226
R1 = 1.9120
PP = 1.9054
S1 = 1.8948
S2 = 1.8882
S3 = 1.8776
analysis of price movements
If Buy Limit at = 1.8908
TP = 1.9160
SL = 1.8842
IF Buy Stop at = 1.8974
TP = 1.9186
SL = 1.8988
If Sell Limit at = 1.9160
TP = 1.8908
SL = 1.9266
IF Sell Stop at = 1.8988
TP = 1.8922
SL = 1.9094
Trend = Neutral
Spoiler: