AUD_CAD SUPPORT AHEAD|LONG| ✅AUD_CAD has been falling recently And the pair seems locally oversold So as the pair has approached a horizontal support of 0.9050 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx449
AUDCAD - shortShort as per my graph Just for me own reference - Not the best of trend change on a 4hr as it havent formed lower lows yet, however have reacted nicely , so entering at the retrace looking for lower targetsShortby howard25353318
audcad might go for sellprice in d chart show that audcad is in up phase but rsi show that the buying volume is slowing down with divergence appear in rsi. wait for price break the nearest support than enter trade. manage the risk wisely.Shortby aaronthiagarajan443
AUDCAD SELL IDEAAustralia and Canadian dollars are best pair to trade now in confirm range and trend . If the market come little down and retested, then we shut sell AUDCAD for little more BEARISH move.. Just wait for it patiently to milk the market.. Good luck Shortby Olumine223
AUDCADHere is a summary of your analysis and trade setup: Trade Type: Long (Buy) Entry Zone: 0.90793 - 0.90715 Stop Loss: 0.90440 This setup suggests that you are anticipating a bounce in the price from the 0.90793 - 0.90715 area. If the price falls below 0.90440, you plan to exit the trade to limit your losses.Longby Tdawly_Official226
Bearish Reversal Insight AUDCAD Technical Analysis & Trade SetupThe AUDCAD currency pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), indicating a potential bearish reversal. Point D, the Potential Reversal Zone (PRZ), is aligned with a key resistance area and intersects a daily trend line, providing a strong confluence for a bearish bias. Potential Reversal Zone (PRZ) and Key Resistance: Point D is identified as a critical area where the price is likely to reverse. This zone is reinforced by a key resistance level, adding validity to the bearish outlook. The intersection with the daily trend line further strengthens the likelihood of a trend reversal from this point. Entry Strategy: To capitalize on the expected trend reversal, the entry should be made at the breakout of the support level near 0.90450. This level is crucial as a confirmed breakout here would signal the start of a bearish trend. Stop Loss Placement: A stop loss should be placed above the resistance level at 0.91400. This placement ensures protection against potential false breakouts and market volatility. Take Profit Targets: The take profit targets for this trade are as follows: TP-1: 0.89500 TP-2: 0.88550 TP-3: 0.87600 These targets are strategically set at significant support levels to maximize gains while managing risk effectively. Conclusion: The formation of the Bearish Butterfly Harmonic Pattern, combined with the confluence of the PRZ, key resistance area, and daily trend line, presents a compelling bearish setup for AUDCAD. By entering at the support breakout, setting a prudent stop loss, and targeting key support levels, this trade offers a favorable risk-reward profile for traders.Editors' picksShortby trading_jupiter2525 1.3K
Trade idea - AUDCAD Long4H Corrective approach towards entry zone. Market approaching in Bull Flag formation towards entry zone. -68 Fibonacci level aligning with entry zone. = Buy limit set. 1% risk.Longby FXKjellUpdated 115
AUDCAD Analysis: Bearish Reversal AnticipatedAfter a sustained bullish trend, I have identified a notable bearish formation on the AUDCAD chart. Key technical indicators and chart patterns are signaling a potential market reversal to bearish. This could present a promising opportunity for traders to capitalize on the expected downward movement. Stay tuned for more detailed analysis and updates!Shortby forexNetwork10Updated 114
AUD CAD - Long1. AUD CAD broke the resistace level around 0.91376 after forming a bulllish rectangle. 2. A long position can be considered with stop loss around 0.9440 and TP around 0.91300 3. Bank of Canada has reducded the interest rate to 4.75% from 5% This indicates that central bank has dovish stance. 4. Australia central bank has hawkish stance as interest rate remained same at 4.35%Longby dawoodabbas26111
AUDCAD: Will Start Falling! Here is Why: The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCAD pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals227
AUD/CAD For Bullish After Pull-Back Finishedyou can go long now or wait for complete the pull back wave at red arrow or area between fibo levels (50:61) - General Trend is Up Trend - green arrow is strong support and order block area - Target 3 is strong resistance/supply area have fun :)Longby maxbayne550
AUD-CAD Bullish Bias! Buy! Hello,Traders! AUD-CAD is about to Hit a horizontal support Around 0.9050 and after The retest the pair is Likely to make a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals228
AUDCAD Sell/ShortAUDCAD looks like a good signal from here that has bounced off resistance, came back a bit, and seems to not be a strong higher low for AUDCAD. Our analysts and myself am calling a sell short here due to the fact this pair has repeated multiple patterns in the same way in the last few months and as well it has the best risk/reward ratio I have seen so worth the bet to make. Please follow the entry, SL, and TP. Please make sure to follow our page for more daily signals! Shortby KingTraderFXUpdated 1120
AUDCADAlthough the bears are in control we can a fractals were formed suggesting a turn around is possible. SL and TP on the screen good luck! Price also failed to break the previous days supportLongby EleazarahmathUpdated 7
AUDCAD is approaching a significant support areaHey Traders, in tomorrow's trading session we are monitoring AUDCAD for a buying opportunity around 0.90600 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.90600 support and resistance area. We would also like to consider the current bullish momentum on stocks, due to the positive correlation AUDCAD can benefit from that! Trade safe, Joe.Longby JoeChampion116
AUDCAD strong long AUDCAD : Testing support at the key boundary where a bullback to 0.91114 is expected where 0.91238 may be tested and subsequently brokenLongby NitroGEN25885
AUD/CAD -H4 Med Term- Late Entry But Still Valid.Use good trade management only thing important in Trading is how you manage your trade... our signals are 95% accurate give us follow and motivate us by likes and comments... .. good luck..Shortby DreamsForxUpdated 6
AUDCAD: Expecting Bearish Continuation! Here is Why: The analysis of the AUDCAD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals115
AUD-CAD Support Ahead! Buy! Hello,Traders! AUD-CAD is trading in An uptrend and the pair is Going down to retest the Horizontal support level Of 0.9051 so as we are Bullish biased we will be Expecting a bullish rebound After the retest of the support Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals113
Forex Trading Signal: AUDCAD MovementAttention Forex Traders, We have observed key indicators and applied our EASY Quantum Ai strategy to generate a trading signal for the AUDCAD currency pair. Here are the specifics of the current trade setup: Direction: Sell Enter Price: 0.91435 Take Profit: 0.91236667 Stop Loss: 0.91605667 The current market conditions and analysis suggest a short-selling opportunity for AUDCAD. Here’s the rationale behind our forecast: 1. Technical Indicators: Our proprietary EASY Quantum Ai algorithm has identified a bearish trend forming. Key technical signals such as moving averages and the Relative Strength Index (RSI) indicate downward pressure. 2. Economic Data: Recent economic releases from Australia indicate weaker-than-expected economic growth, while Canadian economic data has shown relative stability. This disparity supports a bearish outlook for AUDCAD. 3. Market Sentiment: Market sentiment analysis shows a growing inclination towards risk aversion, leading investors to prefer the Canadian Dollar over the Australian Dollar. For these reasons, we recommend entering a Sell position at 0.91435, targeting a Take Profit at 0.91236667. To manage risk, we advise setting a Stop Loss at 0.91605667. Stay informed and trade wisely. Happy Trading!Shortby ForexRobotEasy2
AUDCAD Trade Signal: Sell OpportunityTrade direction: Sell Enter Price: 0.91173 Take Profit: 0.91029333 Stop Loss: 0.91435333 Dear Traders, Today we have identified a selling opportunity for the AUDCAD currency pair. Below are the details of the trade signal, generated using our reliable strategy, EASY Quantum Ai. Reasoning for Trade Direction: 1. Technical Analysis: The AUDCAD pair shows clear signs of a downtrend, demonstrated by lower highs and lower lows on the price chart. 2. Support and Resistance Levels: The pair recently tested a significant resistance level and failed to break through, suggesting further downward movement. 3. Economic Indicators: Recent economic data from Australia has been weaker than expected, affecting AUD negatively. Conversely, Canadian economic indicators, particularly oil prices, remain stable, giving CAD an edge over AUD. 4. Market Sentiment: There is a prevailing bearish sentiment in the market for AUD due to ongoing global trade tensions and weaker commodity prices which are affecting the Australian economy. Note: Always ensure to follow proper risk management practices. The EASY Quantum Ai strategy has been designed to factor in both technical and fundamental aspects to provide a balanced trading decision. We hope you find this trade signal beneficial for your trading activities. Stay updated and always trade with confidence. Best regards, EASY Quantum Ai TeamShortby ForexRobotEasyUpdated 1
AUDCAD Technical AnalysisAUDCAD Technical Analysis The price has been moving within a clear range trading pattern for about a month. The accumulation of volume should be very high because the market is preparing for the next one they move. It is not yet clear whether AUDCAD will move above or below the pattern. For this reason, we have to wait for the price direction before the price starts the new move again. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️by KlejdiCuni9912
Unleashing Trade Opportunities in Ranging Markets! AUDCAD📊 In this analysis, we dissect the AUDCAD currency pair, meticulously exploring its behavior on the 1D, 4H and 30m time frames. Brace yourself for insights into range-bound dynamics! 🎯 🔍 Key Takeaways: 💹 1: Learn how to spot breakouts when the market defies its established structure. 💹 2: Discover actionable strategies for capitalising on range-bound conditions. Remember, this content is for educational purposes only—always make independent trading decisions based on your risk management strategy. 14:32by tradingwithanthony229