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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.
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Gbp cad bhe huma eachi earning da sakhta hai magr huma trading ka leay sub say phely hum us ko sahi trah smjhna ho ga or phir hum us ma trading kar sakhta hai or huma cheya ka sahi work bhe hum forex ma he kama sakhta hai
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the pair value effectively contacted every day bolster 1 level (1.7380) or more pattern line.
Presently the value endeavor to climb ward.
I figure the cost may contact every day turn point (1.7460).
so purchase now from 1.7401
the rotate point will be my objective
stop misfortune will be down the help 1 level (1.7380)
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On the daily timeframe, AUDCHF: D1 has left the downtrend and moved upward. A number of technical analysis indicators formed buy signals. The further price increase is possible in case of the publication of positive data in Australia and negative data in Switzerland.
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the pair price already touched daily support 1 level (1.7380) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (1.7460).
so buy now from 1.7401
the pivot point will be my target
stop loss will be down the support 1 level (1.7380)
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Currency Pair: Gbp/Cad
Hour 4 Trend: buy
Support and Resistance levels:
Support 1=====> 1.7509
Support 2=====> 1.7493
Support 3=====> 1.7487
Resistance 1=====> 1.7526
Resistance 2=====> 1.7540
Resistance 3=====> 1.7555
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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,
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the end of yesterday's trading session, the pair GBP / CAD fell and tested MA 200th moving average at 1.8471 low, and to gain a foothold on this level the pair failed and bounced, but stochastics on H1 chart signals on growth and it is possible that growth this pair will be relevant to the level of resistance in the price 1.8578.
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Camarilla pivot point is the calculation that you can use in forex trading.
Time frame = Daily
Date = Thursday, february 27. 2014
Pair = gbp/cad
R4 = 1.8624
R3 = 1.8590
R2 = 1.8579
R1 = 1.8568
S1 = 1.8546
S2 = 1.8535
S3 = 1.8524
S4 = 1.8490
good luck.
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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 the breakdown of the resistance level at 1.7415 and the pair will continue to go down to the next level level at 1.7393 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry SELL Order at the level 1.7424 stop loss at the level 1.7379 and target take profit at the level 1.7459
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.
