AUDCAD is like other AUD pairs in a bearish trend. Price action is retracing back to the resistance level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
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Audcad technicalanalysis + long Elliotwaveanalysics Supplyanddemand Wychoff All are involve
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Hello traders, - On Monday the price opened by rallying up to fill Friday's price imbalance up to a significant previous support level which is now resistance. - A Bearish Order block (BeOB) has been formed here which is also the High of the Day (HOTD). - Since the price has been on a downtrend in the past weeks, the short will be confirmed after the price...
Welcome back! Here's an analysis of this pair! **AUDCAD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in...
Bearish engulfing candle has been spotted on the 1HR chart. RR ratio is 2:1.
A Possible long set up in AUDCAD , Breakout 20SL/60TP 1:3 rrr TAYOR
I am looking at the 89000 mark lets see if we get a rejection on this pair.
The situation of the Australian dollar against the Canadian dollar is not good at all... And the trend in the daily time frame continues to decline So any pullback in lower time frames is a good opportunity to SELL For now, I'm waiting for it to pullback on the last floor it passed
Currently this asset has been in a downtrend and has been somewhat contained within a disjoint channel. Based on technical analysis It looks as if the pair might come down to around .8760 if not all the way to the trendline. I will be looking to BUY at this area. (Depending on time on day, and or news) (see related idea link) Be aware of Bearish breakout if it...
Hey traders, in the coming week we are monitoring AUDCAD for a buying opportunity around 0.875 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8874). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
AUD FUNDAMENTAL OUTLOOK: WEAK BULLISH BASELINE Despite a decent recovery from the start of the year, the AUD has struggled in the midst underlying negative risk sentiment, China’s continued struggles with Covid breakouts, and more recently the big slump in key commodities (Iron Ore & Coal). China’s economy is always a key focus for the AUD. While all major...
Hello,Traders! AUD-CAD is trading in a downtrend And the pair is now retesting a broken key level From where a bearish continuation is to be expected With the target being a demand level below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8874). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
We have violated the BB and this is not a good sign for the pair. However, short-term we may see little pullback. It is short-term little oversold, and judging daily and 4-hourly chart, we may see pullback to 0.8845. Strategy suggested, BUY @ 0.8760-0.8770 and take profit 0.8838. Stop-loss below the low 0.8740 for now.