I think that breaking the support level at 1.9209 will give us a good opportunity to get in short position with take profit at 1.9101.
Thread: Gbp/Cad
I think that breaking the support level at 1.9209 will give us a good opportunity to get in short position with take profit at 1.9101.
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Spoiler:
Daily Forecast
Pair: GBPCAD
Major Trend: Bearish
Time Frame: H1
Reason: Market has been rejected in the first daily resistance at 1.9275. Furthermore, the market will be heading to the daily pivot at 1.9376, if the market break above the resistance at 1.9539 would retest
Recommendation: Buy with a target of 1.9376
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analysis for today 2 / 24 / 2015
GBPCAD
Resistance : R1 1.9480 R2 1.9505 R3 1.9525 R4 1.9555
Support : S1 1.9407 S2 1.9382 S3 1.9362 S4 1.9332
Open : 1.9426
High : 1.9482
Low : 1.9405
Range : 0.0077 Pips
Running Price : 1.9472
Strategy : BUY at the level 1.9472 stop loss at the level 1.9407 target take profit at the level 1.9525 or at the level 1.9555
---------- Post added 02-25-2015 at 07:29 AM ---------- Previous post was 02-24-2015 at 07:45 AM ----------
analysis for today 2 / 25 / 2015
GBPCAD
Resistance : R1 1.9346 R2 1.9371 R3 1.9391 R4 1.9421
Support : S1 1.9235 S2 1.9210 S3 1.9190 S4 1.9160
Open : 1.9290
High : 1.9310
Low : 1.9271
Range : 0.0039 Pips
Running Price : 1.9275
Strategy : SELL at the level 1.9275 stop loss at the level 1.9346 target take profit at the level 1.9190 or at the level 1.9160
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NAZ (2019-08-15)
pair- gbp/cad
time frame to analysis- m30
the stoch at the overbought level 80 and the price is break resistance at 1.9330 level with having up parabolic sar up trend signal. the price may make a pull up from the support. hold the long entry with stop loss at 1.9270
good luck
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Daily Forecast
Pair: GBPCAD
Major Trend: Bullish
Time Frame: H1
Reason: Market has managed to break in the second daily resistance at 1.9376. A little more down at 1.9352, the market will be a correction, sbeleum rose to 1.9460.
Recommendation: Buy Limit at 1.9355
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analysis for today 2 / 23 / 2015
GBPCAD
Resistance : R1 1.9349 R2 1.9374 R3 1.9394 R4 1.9424
Support : S1 1.9228 S2 1.9203 S3 1.9183 S4 1.9153
Open : 1.9290
High : 1.9303
Low : 1.9274
Range : 0.0029 Pips
Running Price : 1.9303
Strategy : BUY at the level 1.9303 stop loss at the level 1.9228 target take profit at the level 1.9394 or at the level 1.9424
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.
NAZ (2019-08-15)
Daily Forecast
Pair: GBPCAD
Major Trend: Bullish
Time Frame: H1
Reason: Visible only market correction in the first daily support at 1.9220, then the market will rise to 1.9343, until the close of the market.
Recommendation: Buy
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pair- gbp/cad
time frame to analysis- m30
the price is making equal high at the 1.9275 level and the stoch indicator is lower to high side. if the price is moving down 1.9200 level short with take profit at 1.9100 and stop loss at the 1.9335
good luck
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I think that we can get in short position from the resistance level at 1.9149 with take profit at 1.9029.
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 2 / 20 / 2015
GBPCAD
Resistance : R1 1.9306 R2 1.9331 R3 1.9351 R4 1.9381
Support : S1 1.9189 S2 1.9164 S3 1.9144 S4 1.9114
Open : 1.9255
High : 1.9264
Low : 1.9231
Range : 0.0033 Pips
Running Price : 1.9235
Strategy : BUY at the level 1.9235 stop loss at the level 1.9189 target take profit at the level 1.9351 or at the level 1.9381
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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