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Pivot point calculation
Day = Wednesday
Date = February 26. 2014
Pair = gbp/cad
Time Frame = Daily forex
Resistance 3 = 1.8678
Resistance 2 = 1.8608
Resistance 1 = 1.8550
Pivot Point = 1.8480
Support 1 = 1.8422
Support 2 = 1.8352
Support 3 = 1.8294
This calculation can be used as a guide price action forex trading today.
I just give you the information and do not impose to use this price calculation.
Good luck.
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today's market technical analysis for GBP/CAD
market trend is going bullish
the market have good position for buy
market resistance and support levels could as
current price =1.7431
1-Resistance level =1.7444
2-Resistance level = 1.7454
3-Resistance level = 1.7464
1-Support level =1.7416
2-Support level = 1.7406
3-Support level =1.7398
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Technical analysis of GBP/CAD is bearish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1.7546
2> Resistance level is: 1.7617
3> Resistance level is: 1.7703
Supporting level is
1> Supporting level is: 1.7388
2> Supporting level is: 1.7303
3> Supporting level is: 1.7231
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My daily trading,I hope the day is a success ...
GBP/CAD (Daily Trade)
Resistance : R1 1.7497 R2 1.7522 R3 1.7542 R4 1.7572
Support : S1 1.7375 S2 1.7350 S3 1.7330 S4 1.7300
Open : 1.7430
High : 1.7450
Low : 1.7422
Range : 28 Pips
Running Price : 1.7428
For intraday trade today suggest BUY at the level 1.7428 stop loss at the level 1.7375 target take profit at the level 1.7542 or at the level 1.7572
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Gbp/Cad
Today market trend is Bearish.
Resistance levels are
R3. 1.7573
R2. 1.7531
R1. 1.7481
Support levels are
S1. 1.7399
S2. 1.7348
S3. 1.7315
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my dear sir, today my technical analysis of Gbp/Cad market trend is buy.
Resistance and Supporting levels :
Resistance level is
1. Resistance level is: 1.7483
2. Resistance level is: 1.7490
3. Resistance level is: 1.7505
Supporting level is
1. Supporting level is: 1.7450
2. Supporting level is: 1.7440
3. Supporting level is: 1.7370
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gbp cad aik bohat he acha pair hai iss liye aap k oiss main trading karni chahey q k iss main bohat he earning hai iss liye q k iss main iss ki movment b bohat he ach i hai hiss say ham forex main bohat he earning kar saktay hain
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GBPCAD :
Breakout BUY Level: 7530.
Strong Resistance: 7520.
Original Resistance: 7500.
Inner Sell Area: 7490.
Target Inner Area: 7470.
Inner Buy Area: 7450.
Original Support: 7430.
Strong Support: 7420.
Breakout SELL Level: 7410.
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.
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the pair price already touched daily support 1 level (1.7310) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1.7390).
so buy now from 1.7348
the pivot point will be my target
stop loss will be down the support 1 level (1.7310
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Technical analysis of GBP/CAD is bearish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1.7546
2> Resistance level is: 1.7617
3> Resistance level is: 1.7703
Supporting level is
1> Supporting level is: 1.7388
2> Supporting level is: 1.7303
3> Supporting level is: 1.7231