Thread: Gbp/Cad
Gbp /cad
Todays my technical analysis of Gbp /cad
Market trend is bearish.
RESISTANCE and Supporting level is.
1 RESISTANCE LEVEL IS =1.7577
2 RESISTANCE level is =1.7583
3 supporting level is =1.7598
And
1 Supporting level is =1.7545
2 Supporting level is =1.7530
3 supporting level is =1.7520
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technical analysis of Gbp/cad is sell
1. Resistance Level:1.7530
2. Resistance Level:1.7542
3. Resistance Level: 1.7553
1. Supporting Level: 1.7504
2. Supporting Level: 1.7492
3. Supporting Level: 1.7480
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I use scalping strategies on this currency pairs Gbp/Cad so I prefer the short time that is the timeframe M15 and M30,
that's position market on 1.7406 then also there are some indicators that I use as the Bollinger Bands is OVERSOLD, ADX is DOWN TREND, Stochastic is BREAK LOW.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order BUY at current market at 13:48 and use a stop loss and take profit of 90 pips
is the take profit at 1.7431 and stop loss at 1.7381
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Analysis for today 12 / 11 / 2013
My daily trading,I hope the day is a success ...
GBP/CAD (Daily Trade)
Resistance : R1 1.7497 R2 1.7522 R3 1.7542 R4 1.7572
Support : S1 1.7375 S2 1.7350 S3 1.7330 S4 1.7300
Open : 1.7430
High : 1.7450
Low : 1.7422
Range : 28 Pips
Running Price : 1.7428
For intraday trade today suggest BUY at the level 1.7428 stop loss at the level 1.7375 target take profit at the level 1.7542 or at the level 1.7572
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GBP/CAD
Resistance and Supporting
Resistance 1 - 1.7592
Resistance 2 - 1.7618
Resistance 3 - 1.7630
Supporting 1 - 1.7582
Supporting 2 - 1.7566
Supporting 3 - 1.7551
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GBP/CAD
Resistance and Supporting
Resistance 1 - 1.7592
Resistance 2 - 1.7608
Resistance 3 - 1.7620
Supporting 1 - 1.7582
Supporting 2 - 1.7566
Supporting 3 - 1.7551
Fall seven times and Stand up eight.
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To-day gbp/cad Resistance & Support
Resistance level
1 Resistance level 1.7634
2 Resistance level 1.7643
3 Resistance level 1.7650
//////////
Support level
1 Support 1.7630
2 Support 1.7618
3 Support 1.7593
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Today analysis for gbp/cad
Resistance level
#1 Resistance level 1.7634
#2 Resistance level 1.7640
#3 Resistance level 1.7651
Support level
#1 Support 1.7530
#2 Support 1.7519
#3 Support 1.7523
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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.
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