Essayer la démo Ouvrir un compte
Trading
CFD
Binaires
Crypto
Banque
B2B
Marchés
À propos
Essayer la démo Ouvrir un compte

GBP/CAD 4H Chart: Tests 50-period SMA

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)BuyNeutralSell
Alligator(13;8;5)NeutralBuySell
SAR(0.02;0.2)SellBuyBuy
Aggregate⇒⇗⇘

[ANNOUNCE]The Pound Sterling has been trading in a junior ascending channel pattern against the Canadian Dollar since the beginning of September after the currency pair reversed from its lower boundary at 1.5933 on September 3.[/ANNOUNCE]

The exchange rate is currently testing a support level formed by the 50-period simple moving average at 1.6494.

If the currency exchange rate breaks the 50-period SMA, bears could drag the price towards the 1.6300 in the short-term.

However, if the support level holds, a surge towards the weekly R1 at 1.6693 could be expected within this week's trading sessions.

Back to articles

Actual Topics

24 Sep 2019

GBP/NZD 1H Chart: Some upside potential could prevail

Indicator4H1D1W MACD(12;26;9)BuyBuyBuy RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralSell Alligator(13;8;5)NeutralBuyBuy SAR(0.02;0.2)SellBuyBuy Aggregate⇒⇗⇗ [ANNOUNCE] The British Pound has been appreciating against the New Zealand Dollar since the beginning of September after the GBP/NZD currency pair re-tested the support level—the Fibonacci 38.20% retracement at 1.9037. [/ANNOUNCE] Currently, the exchange rate is testing the resistance level formed by the weekly PP at 1.9799. Given that the rate is supported

24 Sep 2019

GBP/AUD 4H Chart: Could edge lower

Indicator4H1D1W MACD(12;26;9)BuyBuySell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)BuyNeutralNeutral Alligator(13;8;5)BuyBuySell SAR(0.02;0.2)SellBuyBuy Aggregate⇗⇗⇒ [ANNOUNCE]The Great British Pound has appreciated about 3.19% in value against the Australian Dollar since September 12. The currency pair breached a resistance cluster formed by the weekly pivot point and the monthly R1 at 1.8388 on September 20.[/ANNOUNCE]As for the near future, the GBP/AUD pair will most likely edge lower. The potential target

23 Sep 2019

EUR/CAD 4H Chart: Bears likely to prevail

Indicator4H1D1W MACD(12;26;9)BuySellSell RSI(14)NeutralNeutralNeutral Stochastic(5;3;3)NeutralNeutralNeutral Alligator(13;8;5)NeutralSellSell SAR(0.02;0.2)SellBuySell Aggregate⇒⇒⇘ [ANNOUNCE]The single European currency has appreciated about 1.73% in value against the Canadian Dollar since September 11. The surge was stopped by a resistance level formed by the 200-hour simple moving average at 1.4699 during Friday's trading session.[/ANNOUNCE]The EUR/CAD exchange rate is currently testing a support cluster set by the combination of the