Lingrid | AUDCAD Resistance Rejection Short OpportunityFX:AUDCAD faced a strong rejection from the resistance area at 0.9218 and is now turning lower. Price action shows that after a breakout run supported by the upward trendline, momentum failed near the highs, signaling exhaustion. If sellers maintain control below 0.9200, the market is likely to tes
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
AUD/CAD: Bearish Drop to 0.91630?FX:AUDCAD is signaling a bearish move on the 1-hour chart , with an entry zone between 0.92215-0.92280 near a resistance level.
First target at 0.91875 🎯 marks initial support, while the second at 0.91630 🎯 offers a deeper downside play. 📈 Set a stop loss on a daily close above 0.92
AUD/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
AUD/CAD SIGNAL
Trade Direction: short
Entry Level: 0.913
Target Level: 0.906
Stop Loss: 0.918
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUDCAD Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis.
Based on our assessment, the price is expected to return to the monthly level.
DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent inve
STEP BY STEP GUIDE ON HOW YOU CAN DO YOUR FORECASTINGForecasting is a crucial skill that helps you make informed decisions based on data analysis and trends. Whether you’re in trading, business, or any field that requires strategic planning, this guide will provide you with a straightforward approach to effective forecasting. Follow these steps to enh
AUDCAD: Important Breakout Confirmed 🇦🇺🇨🇦
AUDCAD completed a correctional movement within a bullish flag pattern.
A confirmed violation of its resistance line with a daily candle close above that
suggests a highly probable bullish continuation.
The next strong resistance is 0.925.
It will be the next goal for the buyers.
❤️Please, su
AUD/CAD: Rejection from Resistance Signals Bearish CorrectionAUD/CAD has faced a strong rejection near the 0.9218 resistance zone, with price now turning lower after a failed breakout attempt. Although the move was initially supported by the upward trendline, momentum faded near the highs, indicating buyer exhaustion.
If sellers maintain control below 0.9200
AUDCADBullish Trade Idea:
Trade Direction: Long (Buy)
Timeframe: 4H
Market Structure:
Change of Character (ChoCH) confirmed.
Break of Structure (BOS) occurred to the upside, confirming bullish momentum.
Price is breaking above previous high (B).
A potential bullish Gartley or Bat pattern forming (AB
AUDCAD: Watching for Pullback .. Here's My Trade Plan📊 AUDCAD has rallied strongly following the release of positive RBA data, giving the Aussie a notable boost 💹.
🔎 On the chart, we can clearly see a phase of bullish expansion 🚀. At this stage, my focus is on waiting for a retracement, allowing price to pull back and then confirm with a bullish brea
AUD/CAD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
AUD/CAD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the
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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 0.92239 CAD — it has decreased by −0.05% 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 0.26%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCAD showed a 0.79% rise over the past week, the month change is a 2.33% rise, and over the last year it has decreased by −0.82%. 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 strong buy signal, and 1 month rating is buy. See more of AUDCAD technicals for a more comprehensive analysis.