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Gbp-cad

GBPCAD potential for further upsideGBPCAD is appraoching 1st support which is our horizontal overlap support in line with 50% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. If prices continue to push down, prices might take support on horizontal swing low support in line with 127.2% Fibonacci extension. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by TradeGATEHub
GBPCAD facing bearish pressure|28th June 2021Prices are approaching descending trendline resistance in line with 78.6% Fibonacci extension and 61.8% Fibonacci retracement Fibonacci confluence zone. Prices might push down towards horizontal swing low support in line with 61.8% Fibonacci extension. if prices push up, prices might face resistance from horizontal swing high resistance in line with 88% Fibonacci retracement. Ichimoku cloud is also above prices, showing a bearish pressure for prices. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
GBPCAD Facing Bullish Pressure | 18 June 2021GBPCAD broke out of a sideways range to the upside. With price holding above ascending trendline support, we expect price to face further bullish pressure above 38.2% Fibonacci retracement and entry at 1.71788. With a possible upside target at Fibonacci confluence zone at 1.72936. MACD is above 0, showing room for further bullish pressure as well. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
GBPCAD - FOREX - 31. MAY. 2021Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Closure below main sr level. 4 HOUR Pullback from previous lows.. DAILY Looking for another break towards previous sr level. - FOREX SETUP SELL GBPCAD ENTRY LEVEL @ 1.71260 SL @ 1.71610 TP @ 1.70440 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
9
BUP GBPCADHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is close to its RESISTANCE. Wait for the upside breakout . Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
Long
by Ryan_lopes
GBPCAD looking for a recent low? 🦐GBPCAD after the recent low retraced back at the 0.382 Fibonacci level. The market is now trading above a minor support and according to Plancton's strategy if the price will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
4
Detail USD Outlook in Price Action Analysis (GBP, EUR, CAD) Hi everyone: Today I want to dig deeper into a few USD pairs that may shape up for a very good bullish move in USD in the near future. I narrow down the 3 best potential pairs, EURUSD, GBPUSD and USDCAD. EURUSD GBPUSD USDCAD Lets take a look at each of them, and see my analysis, forecast, and entry potential on all of them. As always, understand that price needs to develop into the right price action before entering any live trades. If it does not, then no entry and move on to other opportunities. Always have your own plan, management, entry, SL, TP that fits your trading perspective and expectations. Feel free to ask me questions, or comment/feedback. Thank you
by jojofang0901
38
GBPCAD facing bearish pressure, potential for further downside!Prices are facing bearish pressure from horizontal swing high resistance in line with 61.8% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards 127.2% Fibonacci extension, 161.8% Fibonacci retracement and horizontal swing low support level. If prices breakthrough 1st resistance. Prices might face resistance from horizontal swing high resistance in line with 161.8% Fibonacci extension. Ichimoku cloud is also above prices, showing a bearish pressure for prices.
Short
by TradeGATEHub
GBPCAD an inverse H&S? 🦐GBPCAD on the 4hchart is creating an inverse head and shoulder pattern. The price is looking for a completion of the right shoulder and according to Plancton's strategy if there will be a break of the neckline we will be ready to set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
5
GBPCAD might have some upsidewatch watch... If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys