Gbp/Cad

http://prntscr.com/40nk3z
analysis for today 7 / 8 / 2014
GBP/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.8254
Retracement (50%) 1.8242
retracement (61,8%) 1.8229

Extensions (61.8%) 1.8359
Extensions (100.0%) 1.8399
Extensions (138.2%) 1.8439
Extensions (161.8%) 1.8464
calculation based on a Fibonacci retracement then today I choose buy

When trying to analyze the GBPCAD I can draw a bullish channel as you can see to narrow the market movement area between 2 trend lines .
Using the donchain channel you can see the price moving at the up edge of it then I can think about selling the price as long as no opposute signs appears on awesome oscillator .
Currently the awesome oscillator has a red bars which appears above the level of 0 which can be considered as a good sell signal .
Same on the stostatic indicator which show a buy signal by getting an up intersection between two lines near the 80 th level .
Till now bearish trend seems to be a stronger choise and by the way selling the pair targeting the low level of donchain channel is not bad idea .
http://img841.imageshack.us/img841/4528/eokm.png

According to the Henkin Ashi you can see it showing a buy signal by having up arrow and a blue candles on the GBPCAD .
Also you can monitor a blue bar on the trend session indicator whith increase the chance to face up trend on the short term .
By the way we have a buy cross at Snake and T3-Clean indicators which can be a good signal for buying the pair .
By collecting all of this together I can bet on raising up till the resistance located at 1.8331 where you can consider it as a good area for claiming any buy positions profit .
http://img850.imageshack.us/img850/2896/zyrl.png

jaha tak muaj as kah bara mah pata ha jab tak koy asa mah trda nahe lagta ha ous time tak hamy aysa kam akha abra mah acaji sa nahr pata ha chta ha jab abha koy yah bata karva chta ha as amaha ous aysa karna hota ha.

In the GBPCAD chart in front of us we can see that there is a bullish cross between the EMAs 9 and 152 which shows that the price may take a north direction for the next few hours
By monitoring the Histogram indicator we get to see the line formed to be red like the last signal to make for the pair a bearish signal by becoming below the 0 leveled histogram
As for the emotion indicator we can find another green line to be shown which proves to be a good signal for start of the raising for even higher prices for the GBPCAD
The slope is also moving above the level of 0 at Guru Indicator and showing a Green color is to show that the price is taking a bullish direction at the moment
Clearly as you can see, there is a big chance for the price to go north and actually hit the next resistance at level 1.8345 so I recommend as long as the indicator keep showing the same signals to buy
http://img853.imageshack.us/img853/6541/knlx.png

The GBPCAD analysis for today that I performed shows that the price will be taking a bearish direction and that’s because the golden tendency string shows a yellow color above the price level .
The blue dot located below the blue candle of the golden signal K proves that a strong buy signal will be taking place now.
As for the MACD indicator which has a bearish intersection above the 0.0 line which is considered a good sell signal .
A bullish trend will be having a high chance to be taking place because of the three up signals that took place in the golden varitey indicator.
So I recommend that the level 1.8247 will be our next take profit because this level is strongest level to be considered at the moment.
http://img819.imageshack.us/img819/3307/jggw.png

When trying to analyze the GBPCAD I can draw a bearish channel as you can see to narrow the market movement area between 2 trend lines .
Using the donchain channel you can see the price moving at the up edge of it then I can think about selling the price as long as no opposute signs appears on awesome oscillator .
Currently the awesome oscillator has a green bars which appears above the level of 0 which can be considered as a good buy signal .
Same on the stostatic indicator which show a buy signal by getting an up intersection between two lines near the 80 th level .
Till now bearish trend seems to be a stronger choise and by the way selling the pair targeting the low level of donchain channel is not bad idea .
http://img843.imageshack.us/img843/6938/e6ud.png

The price of GBPCAD is now moving at the HIGHER level of the boolinger band indicator .
There is a Top at 1.8286 made by the zigzag indicator .
The RSI indicator is showing a 54 value at place near the 70 th level by now .
At last the stostatic indicator is now shows a 56 as the line near 80 th level by now .
From all the above I think we might see a bearish trend and sell possitions are the best choise as sson as you get a bullish saturation on the stostatic and the RSI indicators unless the resistance 1.8286 is broken .
http://img829.imageshack.us/img829/5665/ack4.jpg

In the GBPCAD chart in front of us we can see that there is a bullish cross between the EMAs 9 and 152 which shows that the price may take a north direction for the next few hours
By monitoring the Histogram indicator we get to see the line formed to be green like the last signal to make for the pair a bullish signal by becoming above the 0 leveled histogram
As for the emotion indicator we can find another green line to be shown which proves to be a good signal for start of the raising for even higher prices for the GBPCAD
The slope is also moving below the level of 0 at Guru Indicator and showing a red color is to show that the price is taking a bearish direction at the moment
Clearly as you can see, there is a big chance for the price to go north and actually hit the next resistance at level 1.8332 so I recommend as long as the indicator keep showing the same signals to buy
http://img856.imageshack.us/img856/1069/x75n.png

The GBPCAD analysis for today that I performed shows that the price will be taking a bullish direction and that’s because the golden tendency string shows a blue color below the price level .
The blue dot located below the red candle of the golden signal K proves that a strong buy signal will be taking place now.
As for the MACD indicator which has a bullish intersection above the 0.0 line which is considered a good buy signal .
A bullish trend will be having a high chance to be taking place because of the 4up signals that took place in the golden varitey indicator.
So I recommend that the level 1.831 will be our next take profit because this level is strongest level to be considered at the moment.
http://img822.imageshack.us/img822/4316/zezb.png