The AUDCAD pair is trading within a Channel Up pattern that has currently been rejected twice on Resistance 1 (0.905500). With the 1D MA50 (blue trend-line) crossing today (or tomorrow the latest) above the 1D MA200 (orange trend-line) to complete a 1D Golden Cross, and the 1D MACD forming now a Bullish Cross, we have a strong case for a break-out above Resistance...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.90361 which is a pullback resistance. Stop loss is at 0.90700 which is a level that sits above the swing-high resistance. Take profit is at 0.89862 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. ...
I am expecting AUDCAD to make a move upward, thereby taking out the previous high before making way to my TP.
AUDCAD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell AUDCAD Entry Level - 0.9014 Sl - 0.9042 Tp - 0.8958 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Greetings fellow traders, The upcoming trajectory is set to follow the purple path based on the mid-term analysis. For intraday considerations, two potential setups emerge: A prospect at the bottom of the channel, though I advise caution. I am willing to take a quarter of the usual risk for this setup. Alternatively, the purple zone nested within the yellow...
AUDCAD long term view is bullish where we expect price to grow from the current moment and there are three possible three target, possible of reaching all target duration will be by end of the January. Reason for buying is totally based on technical side of the market and charts does show strong bullish bias. Like and Comment ;)
Might be the last trade of the year for me. Swing trade on the H4/H1 timeframe confirming the bullish structure with a candle's close above the previous highs. Retest on the H4 OP of the bullish impulse, imbalance closed. Change of structure on the H1 and entry on the retracement. (H4 Bearish candle with rejection and high volumes = high effort, small result for...
Hello traders, This is the Daily chart! Regarding the daily chart, the bullish move that began in late September appears to be a correction rather than a sustained trend. Introduction: This analysis delves into the AUD/CAD outlook, focusing on supply and demand dynamics across various timeframes. Keep an eye on potential market reactions to the China...
✅AUD_CAD is trading along The rising support line so After the retest we will be Expecting a local move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Two trading areas, in my opinion, the price will bounce from them. I added a horizontal line to stop loss. As for the profit, it depends on the method of taking some of the profit and completing with the rest, and so on. The analysis depends on the gaps between the tails of the candles from which the price bounced at least once. warning . I do not know the...
✅AUD_CAD price grew again to retest the resistance of 0.905 But it is a strong key level So I think that there is a high chance That we will see a bearish move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Entering the range with high volume of buy orders and starting to climb
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.89700 zone, AUDCAD was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Trade safe, Joe.
Waiting for a break and retest of 0.88797 to short AUDCAD back to 4H swing low at 0.87728 If you agree drop a like and if you have any questions leave a comment :)
Hello Traders In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (AUDCAD market update) 🟢What is The Next Opportunity on AUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Ready to embark on the hunt for the next trading ventures? AUDCAD offers an array of possibilities to satisfy that desire. For those eyeing buying opportunities, the 4-hourly chart displays a potential Double Bottom retest around 0.8922. Alternatively, a Bullish Shark Pattern might complete around 0.8878, presenting another entry possibility. On the flip...
AUDCAD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long AUDCAD Entry Point - 0.8930 Stop Loss - 0.8908 Take Profit - 0.8972 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️