| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Woodies Pivot(Major)

FxWirePro: AUD/USD jumps after RBA rate hike

FxWirePro: USD/CAD attracts selling interest, vulnerable to more downside

GBPJPY Bulls Dominate: Holds Above 213 with Eyes on 215 Breakout

FxWirePro- Major Pair levels and bias summary

EUR/JPY Powers Higher for 2nd Day — Bulls Charge Toward 187+ Breakout

AUDJPY Powers Above 109 – Yen Weakness Fuels Aussie Bulls

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro: AUD/USD remains buoyant, looks to extend gains

FxWirePro: EUR/AUD bearish as RBA hike boosts Australian dollar

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/ZAR dips below lower range, bearish bias increases

FxWirePro: GBP/AUD extends losses after RBA rate hike

NZDJPY Breaks 94: Bulls Charge as Kiwi Roars Back

FxWirePro: GBP/NZD outlook weaker on renewed downside pressure

FxWirePro: GBP/NZD remains weak, eyes 2.2550 level

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

©Econometrics LLC . All Rights Reserved.

GBP/CAD Trade Idea

Wednesday, January 6, 2016 10:52 AM UTC

Major trend line resistance - 2.0560 (trend line joining 2.0860 and 2.0730)
Major support -2.0396
The pair has broken major trend line resistance 2.056 and jumped till 2.0590. It is currently trading around 2.0570.
Any break above 2.0560 will take the pair to next level around 2.0730/2.08600.
On the lower side minor support is around 2.050 and break below targets 2.0395/2.03500.

It is good to buy at dips 2.0590 with SL around 2.050 for the TP of 2.0730/2.0860

R1-2.0650

R2-2.0730

R3-2.0860

Support

S1-2.050

S2- 2.0395

S3-2.03500

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Cathie Wood's Ark Skips $32.7M HOOD Splash – No Confirmed Robinhood Buy as of Feb 3, 2026

FxWirePro- Major Crypto levels and bias summary

Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate

Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies

Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile

AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock

U.S. Condemns South Africa’s Expulsion of Israeli Diplomat Amid Rising Diplomatic Tensions

Stephen Miran Resigns as White House Economic Adviser Amid Federal Reserve Tenure

Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

GBP/CAD Trade Idea

Editor's Picks

Welcome to EconoTimes