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Dear i.forex members Good morning
GBP.CAD
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
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GBP/CAD trends to bearish
1 Resistance 1.71073
2 Resistance 1.67461
3 Resistance 1.65785
1 Supporting 1.63849
2 Supporting 1.62161
3 Supporting 1.60225
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Pair: gbp/cad
Today indicators shown bearish short terms trend.
Pivot Point : 1.7210
Supporting Levels:
Support 1: 1.6832
Support 2: 1.6912
Support 3: 1.6813
TREND: Bearish
Resistance Levels:
Resistance 1: 1.7234
Resistance 2: 1.7198
Resistance 3: 1.7256
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
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Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.
Yes, investors also seem obliged to continue to monitor the development of US-China trade relations that are getting hot again. Because, China will reply if the US really imposed the import duty. Instead of trade peace, the US-China will instead lead to the umpteenth volume of trade war.
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GBPCAD Trend is sell
1 Resistance :1.7254
2 Resistance :1.7346
3 Resistance :1.7412
1 Supporting :1.7097
2 Supporting :1.7032
3 Supporting :1.6940
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gbpaud pair name i hope you get more profit
technical analysis from me
current price is potential to fall again. this pair price already touched daily support level 1 and above trend line. Now the price try to move Downward. I think the price may touch daily pivot point frokhat ki satah par hai.so you can take Sell position today.pivot point will be first target. after that price maybe can go to first support. stop loss area around support 1 level
Recomend Today = Bearish trend 40%
ye pair abi strong resistance or fibo level zero par hai. agar ye is resistance ko todta hai to ise khridna chahiye. but mujhe lagta hai ki yahan se iska girna shuru hoga.
current this pair price 1.7177
R1 Level ----- 1.7210
R2 Level ----- 1.7240
R3 Level ----- 1.7270
S1 Level ----- 1.7150
S1 Level ----- 1.7120
S1 Level ----- 1.7090
we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies
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Weekly trending upwards - Lagging span above cloud - Future cloud bullish
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today
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GBP/CAD - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1.7075 - 1.7110 - 1.7148
Resistance 1 - Resistance 2 - Resistance 3.
1.7221 - 1.7256 - 1.7295
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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Hy, Helo
Me thek hon Guys ap kasy hain sab log.. umeed ha sab khariyat se hon gy . dosto ap sab log jasy k janty hain k forex
trading aj kal achi ni chal rhe ha . Us ke chand reasons hain. hat ak pair ak kal jasy b trade lagao loss me he
jaa raha ha . Or ya vala pair b aaj kal kuch khas profit ni dy raha pata ni asa q ho raha ha . Forex trading me
bus vohi log acha profit earn kr rahy hain jin logon ko market ka kuch experience ha ya jo isky technical
analysis samj sakty hain. Baki mery jasy to bus . Loss he me rehty hai .
Lakin me ap sab ko bus yahi kehna chahta hon. K please himat na haarna . Apna time ay ga . ..
forex trading me bus vohi log success hovy hain jo Emotional ni hoty.... So good luck and keep it up...
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gbp/cad>>
pivot point :1.7260
first resistance is on point : 1.7275
second resistance is on point : 1.7285
third resistance is on point : 1.7296
In my observation the profitable next selling point will be 1.7310
and by my mind the profitable next buy point will be 1.7180
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>