AUDCAD is expected to drop to 1st support at 0.89912 where it could potentially react off and up to 1st resistance at 0.90100.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD reversed off its resistance at 0.90435 where it could potentially drop further to 0.90118.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
ANALYSIS ON AUDCAD
Welcome to my analysis
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1HR CHart
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Interesting Point of interest In the AUDCAD pair.
- Price below 200 day EMA.
- look for buy signals.
- Expecting some more upward movement.
- Watch 0.90410 for take profit.
- MACD showing bullish divergence
Stay Tuned
AUDCAD expected to rise up to 1st resistance at 0.90880 where it could potentially react off and drop down to 1st support at 0.90174.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian...
AUDCAD reversed off its resistance at 0.90880 where it could potentially drop further to 0.90174.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL...
The symmetrical triangle pattern has narrowed down and is coming to end.
I personally feel that it is going to break from the bottom side. You way wait the breakout to happen to take the right side of the trade.
AUDCAD bounced off 0.90383 where it could potentially rise further to 0.91435.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
As we can see well the price is following a clear triangle and is headed to the resistance line. We can capture some few pips as we wait it to get there.
If it manages to break the triangle from the top it will be a good buy opportunity. 0.90177 will be our first target(where it is likely to reach before retesting the breakout) and 0.91421 our second...
AUDCAD is expected to drop to 1st support at 0.88801 where it could potentially react off and up to 1st resistance at 0.89492.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD approaching support at 0.89297 where it could potentially rise further to 0.90266.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530)....
AUDCAD expected to rise up to 1st resistance at 0.90266 where it could potentially react off and drop down to 1st support at 0.89297.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities...
AUDCAD bounced off 0.89447 where it could potentially rise further to 0.90264.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone...
AUDCAD reversed off its resistance at 0.91007 where it could potentially drop further to 0.90541.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
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