GBPCAD SELL
GBPCAD currently has a score of -2, or a Neutral rating after adding up all categories.
First, let's look at what institutional traders are buying/selling. We can see that theGBP has a long percentage of 31.47%, and we see that the CAD has a long percentage of 38.6%. This category receives a 0, as institutional traders favor the CAD.
Taking a look atGBPCAD, we see that retail traders are 66% long, and 34% short. We consider this information most useful when a market is at an extreme reading from retail traders. If the retail crowd is 60% or more positioned to one side, we get a +1 or -1. Currently, theGBPCAD gets a reading of -1 in this category. Remember, if the retail crowd is very long, we will look to short, and vice versa.
Taking a look at seasonality, we get a score of -1. What this tells us is that based on historical data, this market tends to fall during this month.
Trend reading is based on the daily chart, using the 5, 8, and 21 Exponential Moving Average. The more 'aligned' they are, the stronger the trend up or down. In this case, we have a score of +2.
Finally, let's look at fundamentals. GDP growth favors the CAD, inflation favors the CAD, unemployment favors the GBP and interest rates favor the CAD
First, let's look at what institutional traders are buying/selling. We can see that theGBP has a long percentage of 31.47%, and we see that the CAD has a long percentage of 38.6%. This category receives a 0, as institutional traders favor the CAD.
Taking a look atGBPCAD, we see that retail traders are 66% long, and 34% short. We consider this information most useful when a market is at an extreme reading from retail traders. If the retail crowd is 60% or more positioned to one side, we get a +1 or -1. Currently, theGBPCAD gets a reading of -1 in this category. Remember, if the retail crowd is very long, we will look to short, and vice versa.
Taking a look at seasonality, we get a score of -1. What this tells us is that based on historical data, this market tends to fall during this month.
Trend reading is based on the daily chart, using the 5, 8, and 21 Exponential Moving Average. The more 'aligned' they are, the stronger the trend up or down. In this case, we have a score of +2.
Finally, let's look at fundamentals. GDP growth favors the CAD, inflation favors the CAD, unemployment favors the GBP and interest rates favor the CAD
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.