AUD - BEARISH 1️⃣ Australia’s central bank is expected to cut interest rates to a fresh record low, reduce its three-year yield target and unleash further bond buying tomorrow in a bid to boost Australia’s post-lockdown recovery. 2️⃣ China banned imports of Australian timber from Queensland over the weekend. CAD - BULLISH 1️⃣ Canadian economy grew by 1.2% over...
AUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9410 and the downward trend line just below that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. We saw it test the 0.9347 fibbo support a few days ago and have since bounced. I remain a seller...
AUDCAD The price its at an important zone right, if you look at the weekly chart you’ll see that the price has respected this zone before at the same time of the year on a few years back and it was also consolidated there back in June 2020, so because of this we can expect anything from this pair but im hoping for the price to continue its movement on the down...
Place stops just above 0.93400 TP3 @ 0.92490
AUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9409 and the downward trend line just above that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. We saw it test the 0.9347 fibbo support yesterday and have since bounced. I remain a seller of...
OANDA:AUDCAD Nice retracement on this pair, pulled back and hit the 618 fib. Double top at that level, also RSI divergence on the double top. Will take half the position off at a retest of the recent lows at .09400 level. Then roll stops and take the rest off at 127 fib
AUDCAD just broke the uptrend strutture and making a new lower low, time to short
AUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9409 and the downward trend line just above that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. I have opened a short at 0.9403, SL 0.9420 (close) and finally a TP 1: 0.9347 TP2: 0.9303
Hello my friends, Today i got a nice setup fo AUDCAD pairs. Before i start my analysis i am gonna review some of my trading positions that i shared with everyone here. Yesterday was a great day that so many positions hit take profit and i banked some decent profit. In total it was +18% profit and it consists of: 1st is GBPJPY pairs for +120 pips banking +4%...
From our previous analysis, we managed to secure the BULLISH movement 0.9405 resistance level where we were planning to look out for a rejection or a break out. As of now, We managed to see a clean rejection and I will be looking to see price movement heading towards a strong support level. However, what we currently see is a short retest movement to a weak...
-Ascending TL breakout, retest expected -0.5 fib retracement -Minor resistance area -50MA
This pair is looking good for a long. Broken a major trend along with major structure. Waiting on a retest or price action for an entry now. It's on the watchlist 👀👀 This pair is on the watch list 👀👀👀 If you like the Analysis feel free to drop a like and leave comment and follow, we are grateful for all the love out there and we will share the love back 🤍
After a 6 months advancement, AUDCAD might be brewing a decline. We see a distribution after the advancement, followed by a break of distribution range support, signaling end to distribution. Now price is back for a retest of support now turned resistance and the presence of 200MA at that same support turned resistance area further suggests possible additional...
AUD/CAD Daytrade-execution!! SHORT 27/OCT Market-Sell : 0.93930 Stop-loss : Close Break 0.94240 Target : 0.92100 note : Our chart is simple as possible to make it easier for you to see the chart. - This is an execution signal. you can enter the market now Good luck 👍
Looking at the above chart, its first supply zone is the only green candle in the downward move AUDCAD made from 0.9502 to 0.9253 and Price is. back to the strong level, and it is currently testing it. if the price gets rejected at this level, I would advise shorting to the recent low. Also, using the wave count, it shows AC is about to start a wave 5 movement...
The Divergence I was waiting for has been formed