by Vivek_Samale | Mar 31, 2020 | Forex Trade Ideas, GBPCAD
GBPCAD has respected the Fibonacci retracement levels in the past very well as you can see it from the chart also from the current level it has to take the support at a 61% level. GBPCAD is also trading in rising wedge pattern. Long side trade can be initiate for a...
by Rishikesh Lilawat | Mar 27, 2020 | Forex Trade Ideas, GBPCAD
Currently price is trading at 1.7152 and consolidating in the resistance and support levels. If the price breaks resistance level at 1.7257 then it is possible that it will come in a small up trend and then it may hit its next resistance at 1.7514. which will be the...
by Ryan Lopes | Mar 25, 2020 | Forex Trade Ideas, GBPCAD
Hello traders, new analysis on GBPCAD . The resistance 1 and 2 can be seen in the chart given in our comment section. As you can see that the pair has given a cup and handle pattern and after the handle formation also gave a breakout. After hitting the support the...
by Rishikesh Lilawat | Mar 20, 2020 | Forex Trade Ideas, GBPCAD
GBP/CAD is currently trading at 1.6783, rebounded from its support level at 1.6593. Price is in down trend from some time but if it breaks its resistance level at 1.6990 then there are chances of trend reversal and price may come in up trend. If the price breaches...
by Vivek_Samale | Mar 20, 2020 | Forex Trade Ideas, GBPCAD
GBPUSD Trading in falling wedge as trend might continue for further time . trade can be done when the price levels are at resistance and support of falling wedge . Stay With Us for More Idea & Follow Us For Latest Updates. Vivek_Samale Read Full...
by Ryan Lopes | Mar 18, 2020 | Forex Trade Ideas, GBPCAD
Hello traders. So here is our analysis on GBPCAD . Its a very simple analysis. We have used SUPPORT and RESISTANCE line. The pair is moving inside its CHANNEL for a long time now but has respected its support and resistance line every time. Now as we can see that the...