Hello traders i hope every one having a great profitable week... AUDCAD is on main resistance on daily and on weekly price on last high that's make this resistance more value able. price also break trend continuation trendline on daily and price also showing sign of sell on lower time frame.. WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
AUD-CAD was trading below The falling resistance But now we are seeing A bullish breakout so I am now locally bullish Bias and I think that we Will see a further move up!
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
📊Analysis of the Australian dollar versus the Canadian dollar currency pair Elliott wave analysis style 4-hour and medium-term time frame Due to the formation of the corner pattern and the breaking of the upward trend line and maintaining the number 0.87740 as support, it can continue to climb towards the target of 0.88950.
AUDCAD Charts shows a Complex pattern in which it frequently changing trends after a small time interval. So it will be suggest to take two positions a small SHORT entry which will be hit in few hours or take LONG entry which will take more than 20 hours. Hope this helps you. Happy Trading
Continuation of trend to daily/weekly M2 overlap. HTF downtrend continuation Bearish Engulfing Daily M3 entry
Hey guys! Its your girl Forex Potatoes. We have a signal for AUDCAD, currently we can see that audcad has been in a consistent downtrend for a long time and we can see a third touch and divergence on 30 mins time frame. Confluences: Downtrend on 4H downtrend,1H downtrend and 30mins Downtrend RSI: Currently overbought 4H Bearish engulfing candlestick, 30 Mins...
AUDCAD is currently at a level of support on higher time frames so just to keep this short and simple im just looking for a bounce because i feel that the weekly time frame has to pull back after the strong bearish move down. market still has a strong chance of continuing its bearish trend but i decided to play the pull back if it plays out. *AUDCAD/BUY
AUDCAD has formed a prominent bearish channel, and the current market price is stabilizing at a crucial level within a demand zone pinpointed on both the hourly and daily timeframes. I am patiently anticipating a bullish breakout accompanied by a convincing reversal pattern at the lower end of the channel.f
My dear subscribers, My technical analysis for AUDCAD is below: The price is coiling around a solid key level - 0.8750 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.8774 About Used Indicators: By the very nature of the supertrend...
AUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.88129 which is a pullback resistance that aligns close to a confluence of Fibonacci levels i.e. the 23.6% and 78.6% retracement levels. Stop loss is at 0.88550 which is a level that sits above a pullback resistance. Take profit is at...
With the formation of the ending pattern, the price has hit the support range of the 0.87300. If the price is supported by this range, it is expected to break the ending pattern upwards and we will see an upward movement in this currency pair.
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block. Fundamental news: On Friday we will see results of Unemployment Rate on...
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.88200 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88200 support and resistance area. The prevailing bearish sentiment in the stock market is poised to exert downward pressure on AUDCAD,...
AUD has been weak across the board and is giving potential opportunities to go short. In AUDCAD the Daily bias is bearish and could continue lower. The D chart presented us with a SWH with its 3rd candle lows being breached by today's price action. Ideally in the 1H, the chart will set itself up either in London (2am) or NY session (7am-9am) for a short after a...
Hello,Traders! AUD-CAD fell down but Has reached a horizontal Support of 0.8765 from Where I think we will See a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Please, check our technical outlook for AUDCAD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.882. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.878 level soon. P.S The term oversold refers to a...