Thread: Gbp/Cad
pair- gbp/cad
time frame analysis- m15
the price has been break the fibo support 61.8 at the price 1.8340 level but not able to move below the 1.8315 and its may again up side. if the pivot point 1.8376 break then again up movement can expected. long with take profit at 1.8420 and stop loss at 1.8300
good luck
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Spoiler:
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Possible market still will go down, if viewed from fibo that can not be penetrated in 38.2, the next target is at 1.8192
Recommendation: Sell
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Today we are witnessing from Britain at 8:30 am GMT vote results BOE members on interest rates and the value of the asset purchase program and forecast a consensus nine members to keep interest rates as it is by 0.5% unchanged and also for the asset purchase program keeping him as by 375 billion unchanged
On the other side of the Canadian dollar saw yesterday the release of wholesale sales, which declined by -0.4% on a monthly basis other than the expectations that had been monitoring a height of 0.2%, at least on the same level and also the results of the prior revised figures to shrink to fall from 3.1% to 2.9 rate % monthly level of the previous
Technically: We're still on the same expectations as still GBP Canadian trading steadily lower levels of 1.8300 and we expect the pair to complete the landing until 1.8050 levels and 1.7900 levels in the case of the survival of the lowest trading 1.8330 levels
And cancel this scenario in the case of breaching 1.8330 and closing candle today Nilai
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daily overview for Gbp-Cad
r3: 1.8610
r2: 1.8493
r1: 1.8409
s1: 1.8208
s2: 1.8091
s3: 1.8007
the pair broke the triangle to up
so our trade for the pair is buy
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Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: It appears that the market is only a correction on the pivot points or about fibo saja.Untuk long-term trend, the market will move to 1.8464
Recommendation: Buy
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daily overview for Gbp-Cad
r3: 1.8428
r2: 1.8362
r1: 1.8290
s1: 1.8152
s2: 1.8086
s3: 1.8014
the pair broke the up trend to down
so our trade for the pair is sell
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
We are witnessing today the issuance of Britain British bond auction for 30 years and is the only news today of the British economy and all eyes on tomorrow to vote for the monetary policy committee on interest rates and asset purchases
On the other side of the Canadian economy today issued promptly at 12:30 GMT, wholesale sales, which are forecast to rise by 0.2% on a monthly basis compared to the signal decreases by 3.1% last month
*Technically: still GBP Canadian trading steadily lower levels of 1.8300 and we expect the pair to complete the landing until 1.8050 levels and 1.7900 levels in the case of the survival of the lowest trading 1.8330 levels
And cancel this scenario in the case of breaching 1.8330 and closing candle today Nilai
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market still be heading to 1.8400, for correction on previous support. But if there are no big bullish volume, the sideway market today.
Recommendation: Buy
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Technical studies indicate that in the case of the falling price level could be tested closer at (1.8150) which is the best closing sales that have been implemented in the morning levels.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
analysis for today 12 / 11 / 2013
My daily trading,I hope the day is a success ...
GBP/CAD (Daily Trade)
And my target today is: 173.80
And target2 today is:173.24
Good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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