Australian dollar against Canadian dollar is a fascinating pair. And from historical chart patterns, we can conclude that AUDCAD is in a descending channel. Our bias will be to follow the trend down and exit early.
📉 **Forex Trade Analysis - AUD/CAD (1-Hour Chart)** 📉 #AUDCAD #ForexTrading #TechnicalAnalysis #BearishTrend #ContinuationPattern Hey traders! 👋 Here's an insightful analysis of the AUD/CAD forex pair on the 1-hour chart that presents a potential trading opportunity. Let's dive in! **📈 Trend Analysis:** The AUD/CAD pair is currently exhibiting a bearish trend...
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!
I like the bearish momentum we have seen leaving 0.8850 from midnight NY time. We had a pause and consolidation around 0.8820 right before another drop. I would like to see the price gravitate under 0.8780 and under Friday's low for Sell Stops for liquidity and if it is moving fast I would like 0.8750 as well.
full analysis for AUDCAD this week will be waiting for retracemnt to then take sells and continue trend
AUDCAD is bearish long-term so we are looking for trades in favour of the bearish trend.
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...
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!
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 !
In this video we take a look at the AUDCAD. We can see this is under pressure trending down at the moment. In the video we look at the trend, price action and market structure. As always everything is explained clearly in the video and this is not to be construed as financial advice.
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...
I expect a rejection of the resistance and fibo 618 which is right on it next. 🚀 If you want to help me here, please follow me 🚀
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 :))
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!
Hello Traders In This Chart AUDCAD HOURLY 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...
Lock and load (Short) and forget it. The Chinese collapse will take down the Aussies, right along with them. 'nough said. (Might wanna amuse yourself with the Aussie real estate bubble! They have built enough - empty, ridiculously overpriced - stuff to house half of China. - Perhaps the half that is about to lay down and die, due to old age?! ...) Pahleeeease ...
Here is my analysis for AUDCAD on H1 by 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!
This pair broke below the significant s/r zone around 0.9000 and is now pulling back towards it. I am looking for signs of a bearish continuation in that area. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more...