Printable View
GBP/CAD
This forex pair represents the British Pound - Canadian Dollar cross. This Sterling ('base currency') is one of the heaviest traded pairs in the world. The Loonie ('counter currency') is typically considered a commodity currency due to Canada's reliance on energy exports for growth.
Technical Checks For USDCAD, GBP, JPY & CHF: 30.01.2019USD/CADFollowing its failure to surpass the 1.3370-75 resistance-region, the USDCAD again aims to test the two-month old support-line of 1.3200. Should the pair slips beneath the 1.3200 mark, the 1.3160 and the 1.3125 are likely following numbers to please sellers before flashing 1.3100 on the chart. On the upside, the
See results about
Concert
A concert is a live music performance in front of an audience. The performance may be by a single ...
Gig (Music)
Gig is slang for a live musical performance. Originally coined in the 1920s by jazz musicians, the term, ...
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 1.7862 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 1.8112 .
On the other hand if the price penetrated the support at the level 1.7862 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 1.7776 of the next Pivot level.
today's market technical over view for gbp/cad
according to market technical analysis the market have up trend
the market trend could remain in this position
expected resistance and support levels
market price ----------1.7734
1- Resistance level----------1.7748
2- Resistance level----------1.7761
3- Resistance level----------1.7772
1- Support level-------------1.7719
2- Support level-------------1.7706
3- Support level-------------1.7696
bullish trend seems to be taking place on the GBPCAD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 0.7729 and strong support at level 0.7707 in hourly time frame. there is possible chance price will move to up side. then next high price is 0.7780
resistent level 1 - 0.7859
resistent level 2 - 0.7822
resistent level 3 - 0.7788
pivot point - 0.7751
support level 1 - 0.7717
support level 2 - 0.7680
support level 3 - 0.7646
I suggest to entry BUY with stoploss at 0.7694 and take profit at 0.7779
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit
I hope you can earn consistent profit from my signal, good luck and doing trade like a boss
today's market technical analysis for GBP/CAD
market trend is going bullish
market resistance and support levels could as
current price =1.7737
1-Resistance level =1.7750
2-Resistance level = 1.7760
3-Resistance level = 1.7770
1-Support level =1.7722
2-Support level = 1.7712
3-Support level =1.7704
my dear sir today of my tachnical analysis is bearish trend seems to be taking place on the gbp cad pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A sell signal is indicated from the Simple Moving Average indicator and that is by giving us sell signal t his pair can continue bearish trend now current price at 1.77273 and strong support at level 1.75520 in hourly time frame there is possible chance price will move to up side then next high price is 1.77455
1-Resistance level 1.7750
2-Resistance level 1.7760
3-Resistance level 1.7770
1-Support level 1.7722
2-Support level 1.7712
3-Support level 1.7704
technical analysis of Gbp/cad
Connors RSI:buy
Current Price is ; 1.7729
Pivot Point is:1.7677
Resistance Price is :
1. Resistance Level:1.7746
2. Resistance Level:1.7758
3. Resistance Level: 1.7767
Supporting price is :
1. Supporting Level: 0.7718
2. Supporting Level: 0.7706
3. Supporting Level: 0.7694
this is my analysis for GBPCAD
hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 1.7739 and the pair will continue to go up to the next resistance level at 1.7760
Resistent1 : 1.7736
Resistent2 : 1.7758
Resistent3 : 1.7731
Support 1 : 1.7691
Support 2 : 1.7672
Support 3 : 1.7729
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 1.7734 , stop loss at the level 1.7679 target take profit at the level 1.7759
if market movement as my scenario, you can earn good profit and avoid much loss in your trading keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.