AUDCAD: Two Entries, Intraday Chart Analysis! Dear traders,
The 45-minute chart analysis shows a steady bullish trend in AUDCAD with strong price movement. Currently, we have two areas of interest, with the first offering more potential than the second. Choose whichever entry suits you best and set a take profit of around 500 pips above the
Australian Dollar/Canadian Dollar
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About Australian Dollar/Canadian Dollar
The Australian Dollar vs. the Canadian Dollar. Both of these currencies are regarded as commodity currencies and are considered to be a relatively stable currency pair. The CAD fortunes are closely related to the U.S. because it is their largest trading partner and neighbor. The AUD is more effected by its alignment with Australia and emerging Asian markets.
Related currencies
AUDCAD SHORT @ 0.95602Top Down Analysis shows that price action has been rallying within an historically strong resistance zone.
My previous bias was bullish, my TP was hit and had FOMO so reentered and ended up getting liquidated. For price to only rise a further 0.6%.
I doubled down and reviewed the charts and gained
AUDCAD Will Move Lower! Short!
Take a look at our analysis for AUDCAD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.959.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shor
AUDCAD:Major Weekly Resistance Tested – Rejection Risk IncreasesAUDCAD: Major Weekly Resistance Tested – Rejection Risk Increases
AUDCAD is trading at a strong weekly resistance zone that has capped price multiple times in the past May 2021, April 2022, January 2023, and September 2024.
This area has repeatedly acted as a major supply zone, and price is now t
AUDCAD SellThe AUDCAD pair is showing clear bearish signals following the formation of a double top pattern. Price has failed twice to push higher, indicating strong resistance at the recent highs and weakening bullish momentum. Most importantly, the neckline has now been decisively broken, confirming the patt
Bullish bounce off 61.8% Fib support?AUD/CAD is falling towards the pivot, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 0.95095
1st Support: 0.94496
1st Resistance: 0.96141
Disclaimer:
The opinions given above constitute general market commentary and do
AUDCAD TREND REVERSAL (short)AUDCAD has been in a clear uptrend for weeks/months.
Price has now reached a major resistance level that has already been rejected twice, with two strong bounces from this zone.
Currently, price is testing this resistance for the third time and is showing strong bearish confirmation, namely a doji
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of AUDCAD is 0.95880 CAD — it has decreased by −0.13% in the past 24 hours. See more of AUDCAD rate dynamics on the detailed chart.
The value of the AUDCAD pair is quoted as 1 AUD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 AUD.
The term volatility describes the risk related to the changes in an asset's value. AUDCAD has the volatility rating of 0.58%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCAD showed a 0.97% rise over the past week, the month change is a 3.39% rise, and over the last year it has increased by 7.03%. Track live rate changes on the AUDCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
AUDCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade AUDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with AUDCAD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the AUDCAD shows the buy signal, and 1 month rating is strong buy. See more of AUDCAD technicals for a more comprehensive analysis.









