Gbp/Cad

[Karina]

The price initially received support from SMA 50 in yellow and signaled the end of the correction
However, the price continues to move sideways and is also trading below SMA 50
The price break of the moving average in this sideways move is a weak break that needs more confirmation
Thus, the price will drop and break it to the downside, which will give an opportunity to sell towards the moving average line 200 in red
As for the price rebounding higher and returning to trading above the EMA50, it gives an opportunity to buy towards the top level. Elliott waves consist of five waves.
Elliott waves must be five full waves
. Three in the direction of the market and two correct
If the Elliott waves begin to rise or fall, you will find
The (first, third and fifth) are moving in the direction
F (second and fourth waves correct)
. The third wave cannot be the shortest driving wave
The third wave
It cannot be shorter than the first or shorter than the fifth, because it is the longest wave
. The second wave cannot approach the price levels of the beginning of the first wave
The first, whether ascending or descending, starts the second opposite to it in the direction
To make a correction, but it is a condition that it is not corrected until it reaches the levels of the beginning of the first wave
. The fourth wave cannot approach the price zone or price limits
To the end of the first wave
The fourth wave is a correction wave and it is reversing

[Qasimbhayo786]

The British Pound vs. the Canadian Dollar. This is one of the most traded pairs in the world. The Canadian Dollar, often referred to as the “Loonie”, is considered to be a commodity currency because of Canada’s heavy energy exports.

[Roshan12]

Today market technical analysis trend is buy according to some best indicator Zigzag,RSI
Market is going up position so if you want to gain good profit must open order buy. Also money management keep you safe from loss. Before trade open must recognize market trend .Your knowledge about market give you chance to earn good profit .
Best of luck .

[Trump]

अभिवादन, व्यापारियों। एच 1 टाइमफ्रेम पर उद्धरणों का तकनीकी विश्लेषण करने का समय। gbpcad जोड़ी के लिए दो सप्ताह की अवधि में औसत दैनिक अस्थिरता वर्तमान में 120 पी है। अस्थिरता डेटा के आधार पर प्राप्त व्यापारिक गलियारे की ऊपरी सीमा: 1.7176। ट्रेडिंग कॉरिडोर की निचली सीमा: 1.6969। gbpcad के लिए निकटतम प्रतिरोध 1.7115 पर स्थित है। यदि प्रतिरोध स्तर के ऊपर टूटने और समेकन होता है, तो वृद्धि 1.7176 हो जाएगी। यदि 1.7042 के समर्थन स्तर के माध्यम से तोड़ना संभव है, तो विक्रेताओं के लिए अगला लक्ष्य समर्थन स्तर 1.6969 होगा।

[Diju]

Market analysis about trading

Today market trend = sell

Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren

[markwins]

today my technical analysis on market trend with this pair.
market trend on BUY
moving average with buy 65%
moving average with SELL35%
Parabolic sar on BUY
SO if we trade buy side then we get sI predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the tradehurely take profit to earn

[hania]

Today Market trend:sell

Current price aur previous price market ke down hony ka ishara de rahe hain

Resistance and Support points bhi market ke down hony ka ishara de rahe hain

Isliye hum ko sell main trade laga deni chahiye

[Alex vector]

Dear i.forex members
On this Day i will predicted this pair have being bearish down direction
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR
the market trend could remain in this position and I expected support resistance levels
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator
I suggest to take short terms position on SELL today

[Ranagee]

Today market trend is :sell

This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend

[Ahmad Chaand]

Today market trend is: Perfect for ßuy

All indicators tell us about market up so we want do the trading in buy

Resistance and Support points going for up

Always before trading see the trend of market and then do the trading

Forex trading give us a golden chance for make a rich

Keep confidence own you and learn about Forex trading for become a expert trader

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