AUDCAD BUY STOP Entry point :- 0.88263 Stop lose :- 0.87711 Target 1 :- 0.88820 Target 2 :- 0.89370 Target 3 :- 0.89920 Target 4 :- 0.90470 Target 5 :- 0.91020
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here I expect bearish price action as we can see that price filled the imbalance and rejected from 1H bearish order block + institutional mid figure 0.89500. Fundamental analysis: This week on Friday will be released monthly GDP on CAD, that was forecasted to increase, this means strength...
H4 - Bullish trend pattern, currently it looks like a correction is happening. Price respected a strong support zone and is bouncing higher. Bullish hidden divergence followed by continuing bullish divergence. Until the two strong support zones hold my short term view remains bullish here.
Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD broke and closed below the support level that became resistance. The market is making low lows and lower closes in the descending channel. Price action is likely to move down from the kill zone. We expect a trend continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUD-CAD was going up After the pair made a rebound From the local bottom but The pair is still in the downtrend And is trading in a below The falling resistance So after the retest I think That a move down is Very likely !
AUDCAD is pulling back to the psychological level 0.90000 in the ascending channel. The market is making low lows and lower closes, indicating a bearish trend . Price action is likely to move down from the kill zone since we have a bearish trend . We expect a trend continuation trade. ------------------- Share your opinion in the comments and support the...
☑️Broke the structure on the 4 hour timeframe ☑️Lots of liquidity at the bottom If we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️ Good luck 🙌💪
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Australia's ties to China and the 'hard' commodities it produces have fostered a historical relationship between the local currency and precious metals. The value of the Canadian Dollar is strongly correlated with the price of crude oil as the country remains a dominant exporter of the commodity. Both currencies are therefore sensitive to broader commodity price...
On the 4-hour chart the trend started on June 30 (linear regression channel). There is a high probability of profit. A possible take profit level is 0.8947 But do not forget about SL = 0.8740 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested. Thank you! Good luck! Regards, WeBelieveInTrading
Looking for Sell Target 1. 88000 2. 87400 3. 86500
In the Daily charts, we've now retraced 100% of our last leg up . You can see right below the starting point of the leg up, we have a Weekly Demand/Buy zone beginning around the 0.875 level. Bulls might find this an enticing target for market entry, on a bullish signal. This area could potentially be a 'STOP HUNT' zone. As we all know how retail traders often set...
the price now is trading out the up-channel and also below the support level now turned into resistance so we expect more continuation to the downside _____________________________________________________________ don't forget your risk management follow for more :))
Entry point :- 0.88421 Stop lose :- 87930 Target 1 :- 0.88912 Target 2 :- 0.89403 Target 3 :- 0.89894 Target 4 :- 0.90385
AUD is much stronger than CAD. I believe that AUDCAD pair will rise same as it was fall. Better to look buying opportunities on it.
Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
OANDA:AUDCAD RSI was in a long oversold and it has ended. The price has also reached a very important support level. The key points for the target are the 38%, 50%, 61.8% and 88% Fibonacci percentages. what's your opinion?