logo
Analysis

GBP/CAD may rise to 1.8428 - 1.8611

BY Trading Central

|सितंबर 24, 2024

ST: the upside prevails as long as 1.7801 is support

 ST: the upside prevails as long as 1.7801 is support

Our pivot point stands at 1.7801.

Our preference

The upside prevails as long as 1.7801 is support.

Alternative scenario

Below 1.7801, expect 1.7493 and 1.7310.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.7838 and 1.7707).

Supports and resistances

1.8978 **

1.8795 *

1.8611 **

1.8428

1.8049 last

1.7922

1.7801 **

1.7493 *

1.7310 **

Number of asterisks represents the strength of support and resistance levels.

© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.

Technical Event® is a registered trademark of Trading Central.

Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.


Join us on social media

image-8c62214c8e5bec6ef8697de32b3ff7c208099266-900x900-jpg
Trading Central
24/7 Live Chat

undefined