Dear Traders, Tonight due to news price took out the sell side liquidity, price rebounded from key level and currently looking at our price going up towards our target. Use proper risk management. Good Luck.
H1 - Bullish trend pattern. Currently it looks like a pullback is happening. I expect the price to move higher further in the short term until the strong support zone holds.
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 ;)
Dear Traders, XAU and AUD are positively correlated which means when price of GOLD goes up AUD goes up too. Hence, AUDCAD dropped heavily in recent time and therefore price is at the 'discounted level' where big buys are expected within the next week. It is crucial to enter with good risk management. Next week is likely to be volatile. Good Luck and Like and Follow!!
Hey Everyone, AUDCAD: AUD and XAU(GOLD) are positively correlated which means when GOLD goes AUD tends to follow the exact momentum. This is the main reason for price to change the character and became bullish. Long term view for AUDCAD remain extremely bullish with price will create new high if the current conflict worsen. thanks in advance for your support...
Wave 1 could be an expanding diagonal, and also it seems that we had enough correction. Let see what will happen
AUDCAD, I am expecting buy from 4H POI for minimum 100 pips and maximum 200 pips in one move.
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
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.
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
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.
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?
Alright so basically AUDCAD is going for a buy for about 200 pips plus before we can except a meltdown of a sell, a pullback needs to occur in price based on pure price action we would be expecting a buy, if you focus on this analysis you would notice before price broke the Trend line price first then created a W pattern which signifies that a possible reversal...
AUDCAD long. I think price will follow the path described on the chart. This is for educational purposes only and should not be considered financial advice.
At present, the bullish trend in the AUD/CAD currency pair appears to be strong and unrelenting. The market is approaching a supply zone with an inducement, which could potentially provide a good selling opportunity. The presence of gaps in the market supports this possibility. Despite the bullish trend, the I believe that it would be beneficial to wait for a dip...
According to SMC , price reached an OB and OTE ... We have a trade entry for long on AUD/CAD pair as following : ENTRY @ 0.92798 (Direct entry with market open) ... SL @ 0.92512 TP @ 0.93675 RRR : 1:3.07 GOOD LUCK GUYS ...
Here is my view for AUDCAD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the AUDCAD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities