-
http://prntscr.com/4dwlxp
analysis for today 8 / 18 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCAD on the date 8 / 15 / 2014
OPEN 1.8185
HIGH 1.8213
LOW 1.8125
CLOSED 1.8184
The third resistance (R3) 1.8213 -( 1.8174 - 1.8125 = 0.0049 x 2 = 0.0098 )= 1.8311
The second Resistance (R2) 1.8174 + 1.8213 - 1.8125 = 1.8262
First resistance (R1) 1.8174 x 2 = 3.6348 - 1.8125 = 1.8223
pivot points 1.8213 + 1.8125 + 1.8184 = 5.4522 / 3 = 1.8174
Support for the first (S1) 1.8174 x 2 = 3.6348 - 1.8213 = 1.8135
Support second (S2) 1.8174 -( 1.8213 - 1.8125 = 0.0088 ) = 1.8086
Third Support (S3) 1.8125 -( 1.8213 - 1.8174 = 0.0039 x 2 = 0.0078 )= 1.8047
-
http://prntscr.com/4dxxuf
analysis for today 8 / 18 / 2014
GBP/CAD
Resistance : R1 1.8262 R2 1.8287 R3 1.8307 R4 1.8337
Support : S1 1.8140 S2 1.8115 S3 1.8095 S4 1.8065
Open : 1.8209
High : 1.8215
Low : 1.8187
Range : 28 Pips
Running Price : 1.8206
Strategy : BUY at the level 1.8206 stop loss at the level 1.8140 target take profit at the level 1.8307 or at the level 1.8337
-
The price still trying to break the resistance at 1.8207, that's why i think that we should wait till the price break this resistance with a 4h candle than we can get in long position with targets up to 1.83 and 1.8360.
http://i.imgur.com/saCbfQN.png
-
http://prntscr.com/4e7ziw
analysis for today 8 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCAD on the date 8 / 18 / 2014
OPEN 1.8209
HIGH 1.8220
LOW 1.8187
CLOSED 1.8207
The third resistance (R3) 1.8220 -( 1.8205 - 1.8187 = 0.0018 x 2 = 0.0035 )= 1.8255
The second Resistance (R2) 1.8205 + 1.8220 - 1.8187 = 1.8238
First resistance (R1) 1.8205 x 2 = 3.6409 - 1.8187 = 1.8222
pivot points 1.8220 + 1.8187 + 1.8207 = 5.4614 / 3 = 1.8205
Support for the first (S1) 1.8205 x 2 = 3.6409 - 1.8220 = 1.8189
Support second (S2) 1.8205 -( 1.8220 - 1.8187 = 0.0033 ) = 1.8172
Third Support (S3) 1.8187 -( 1.8220 - 1.8205 = 0.0015 x 2 = 0.0031 )= 1.8156
-
http://prntscr.com/4e8pzh
analysis for today 8 / 19 / 2014
GBP/CAD
Resistance : R1 1.8278 R2 1.8303 R3 1.8323 R4 1.8353
Support : S1 1.8142 S2 1.8117 S3 1.8097 S4 1.8067
Open : 1.8206
High : 1.8217
Low : 1.8203
Range : 14 Pips
Running Price : 1.8212
Strategy : BUY at the level 1.8212 stop loss at the level 1.8142 target take profit at the level 1.8323 or at the level 1.8353
-
http://prntscr.com/4ee6g2
analysis for today 8 / 19 / 2014
GBP/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.8207
Retracement (50%) 1.8204
retracement (61,8%) 1.8200
Extensions (61.8%) 1.8240
Extensions (100.0%) 1.8253
Extensions (138.2%) 1.8266
Extensions (161.8%) 1.8273
calculation based on a Fibonacci retracement then today I choose buy
-
http://prntscr.com/4embzp
analysis for today 8 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCAD on the date 8 / 19 / 2014
OPEN 1.8206
HIGH 1.8219
LOW 1.8122
CLOSED 1.8176
The third resistance (R3) 1.8219 -( 1.8172 - 1.8122 = 0.0050 x 2 = 0.0101 )= 1.8320
The second Resistance (R2) 1.8172 + 1.8219 - 1.8122 = 1.8269
First resistance (R1) 1.8172 x 2 = 3.6345 - 1.8122 = 1.8223
pivot points 1.8219 + 1.8122 + 1.8176 = 5.4517 / 3 = 1.8172
Support for the first (S1) 1.8172 x 2 = 3.6345 - 1.8219 = 1.8126
Support second (S2) 1.8172 -( 1.8219 - 1.8122 = 0.0097 ) = 1.8075
Third Support (S3) 1.8122 -( 1.8219 - 1.8172 = 0.0047 x 2 = 0.0093 )= 1.8029
-
http://prntscr.com/4ejjg8
analysis for today 8 / 20 / 2014
GBP/CAD
Resistance : R1 1.8246 R2 1.8271 R3 1.8291 R4 1.8321
Support : S1 1.8108 S2 1.8083 S3 1.8063 S4 1.8033
Open : 1.8177
High : 1.8183
Low : 1.8171
Range : 12 Pips
Running Price : 1.8182
Strategy : BUY at the level 1.8182 stop loss at the level 1.8108 target take profit at the level 1.8291 or at the level 1.8321
-
http://prntscr.com/4ew3kx
analysis for today 8 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPCAD on the date 8 / 20 / 2014
OPEN 1.8177
HIGH 1.8254
LOW 1.8171
CLOSED 1.8201
The third resistance (R3) 1.8254 -( 1.8209 - 1.8171 = 0.0038 x 2 = 0.0075 )= 1.8329
The second Resistance (R2) 1.8209 + 1.8254 - 1.8171 = 1.8292
First resistance (R1) 1.8209 x 2 = 3.6417 - 1.8171 = 1.8246
pivot points 1.8254 + 1.8171 + 1.8201 = 5.4626 / 3 = 1.8209
Support for the first (S1) 1.8209 x 2 = 3.6417 - 1.8254 = 1.8163
Support second (S2) 1.8209 -( 1.8254 - 1.8171 = 0.0083 ) = 1.8126
Third Support (S3) 1.8171 -( 1.8254 - 1.8209 = 0.0045 x 2 = 0.0091 )= 1.8080
-
http://prntscr.com/4evbuy
analysis for today 8 / 21 / 2014
GBP/CAD
Resistance : R1 1.8266 R2 1.8291 R3 1.8311 R4 1.8341
Support : S1 1.8137 S2 1.8112 S3 1.8092 S4 1.8062
Open : 1.8200
High : 1.8212
Low : 1.8191
Range : 21 Pips
Running Price : 1.8207
Strategy : BUY at the level 1.8207 stop loss at the level 1.8137 target take profit at the level 1.8311 or at the level 1.8341