Gbp/Cad

[Asif777]

Here's a technical outlook on GBPCAD.

The pair has been predominantly on the decline since December 2015. On the weekly time frame, during April and May 2017, price action retraced to 32.8 Fib level of the drop from the high of December 2015 to the low of January 2017. Since then it has remained constrained for a southward operation by a resistance trendline (chocolate colour) from the high of December 2015. The most recent price action in the past two weeks have been sideways and in a support zone

[Hanif484]

Reviving this forum... Anyone thinking that GBPCAD is looking rather bearish. Boillinger bands pinched together a few days ago, there is a bearish daily closing candle during the last trading day before the weekend, and boilinger bands looks like it is starting to expand. Might need a few other indicators to confirm comming trend. Anyone any thoughts on this?

[Hanif484]

Weekly, Monthly, just hang on

[Hanif484]

H&S could be playing out here on the weekly. Will sit and wait for a break and retest. Pound being as weak as it is, oil wanting to break higher, this could be a monster trade.

[Hanif484]

Head and Shoulders building on the weekly chart? Could be one hell of a trade if it plays out. A recent H4 H&S played out really nicely so is that a sign of things to come

[SA153P]

Daily analysis of the pair

today trend is: buy


Resistance level:

1- Resistance : 1.7485
2- Resistance : 1.7495
3- Resistance : 1.7505


Supporting level :

1- Supporting : 1.7470
2- Supporting : 1.7465
3- Supporting : 1.7460

[SA153P]

new algorithm, new day.

my trades are placed according to the following values:

gbpchf : +205.99,-210.42
gbpjpy: +401.19,-410.03
gbpeur: +312.32,+51.77
gbpcad: +257.80,-254.26
gbpaud: +51.77,-41.92
gbpnzd: +56.05,-51.77

all gbp pairs are showing positive numbers and are ready to go down.

the difference between the two numbers is the actual and true market spread of that pair.

gbpcad is now the most highest of all gbp pairs, (edit: not including the gbpjpy) and so i short it.

[SDK]

date :26 february 2014

pair: audcad

the pair in up trend

macd(8.17.9):0.000

stoch(8.3.3):56.321

price: 1.8481

our target1: 1.8381
our target2: 1.8181

good luck

[lover222]

GBPUSD rebounded in early U.S. session but remain in the range below 1.7416 over the short term. The intraday bias is neutral for some more consolidative trading. In the case of falling further, we expect strong support from 1.7454 to extend rally contain downside and bring back to a position above the 1.7425 resistance is an expectation

[naveedbabar]

Technical analysis of GBP/CAD is Bullish

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is: 1.7497
2> Resistance level is: 1.7550
3> Resistance level is: 17603


Supporting level is

1> Supporting level is: 1.7391
2> Supporting level is: 1.7345
3> Supporting level is: 1.7209