AUDCAD: Confirmed CHoCH 🇦🇺🇨🇦
I see a valid bearish change of character on AUDCAD on a 4h time frame
after the recent test of a significant intraday/daily resistance.
The price will likely continue falling after a pullback.
Goal - 0.9812
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Australian Dollar/Canadian Dollar
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Compare with AUD to CAD
Details
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.
Key support sparks fresh buying interest?AUD/CAD could fall toward the pivot, which has been identified as a pullback support, and could bounce toward the 1st resistance, which is a multi-swing high resistance that aligns with the 100% Fibonacci projection.
Pivot: 0.98723
1st Support: 0.98236
1st Resistance: 0.99399
Disclaimer:
The opi
AUDCAD 4H – Bearish BiasHello Trading Fam! 👋
The overall trend is bearish. Price is retesting a key resistance zone and descending trendline. Wait for bearish confirmation before entering short positions, targeting the next support level.
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Bullish momentum to continue?AUD/CAD is falling to the support level, which is a pullback support and could bounce from this level to our take profit.
Entry: 0.98736
Why we like it:
There is a pullback support level.
Stop loss: 0.98223
Why we like it:
There is a pullback support level.
Take profit: 0.99288
Why we like it:
Th
AUD/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
AUD/CAD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair
AUDCAD H4 | Bullish Bounce Off Key SupportMomentum: Bullish
Price is currently above the ichimoku cloud.
Buy entry: 0.98557
- Pullback support
- 61.8% Fib retracement
- 100% Fib projection
Stop Loss: 0.98094
- Swing low support
Take Profit: 0.99187
- Swing high resistance
High Risk Investment Warning
Stratos Markets Limited (fxcm.com/
Sellers push price lower?AUD/CAD is rising toward the pivot, which acts as a pullback resistance and could reverse toward the pullback support.
Pivot: 0.98716
1st Support: 0.98122
1st Resistance: 0.99257
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice
AUDCAD H4 | Bearish Reaction Off Pullback ResistanceMomentum: Bearish
Price is currently below the ichimoku cloud.
Sell entry: 0.98318
- Pullback resistance
- 61.8% Fib retracement
- 100% Fib projection
Stop Loss: 0.98733
- Swing high resistance
Take Profit: 0.97647
- Swing low support
High Risk Investment Warning
Stratos Markets Limited (fxcm.c
Sellers step In at pullback resistance?AUD/CAD is rising toward the pivot, which is a pullback resistance, and could reverse toward the pullback support.
Pivot: 0.98127
1st Support: 0.97217
1st Resistance: 0.98872
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of
See all ideas
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 0.98690 CAD — it has decreased by −0.36% 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 0.27%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCAD showed a 0.84% rise over the past week, the month change is a −0.22% fall, and over the last year it has increased by 10.40%. 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 buy. See more of AUDCAD technicals for a more comprehensive analysis.









