AUDCAD_Trend Reversal TECHNICAL OUTLOOK at 1H: 1. Bullish Divergence 2. Trend Reversal Expected TRADE PLAN: I would recommend to go for BUY STOP at the break of previous LH. Longby MBS-TRADES0
AUD/CAD LOOKING FOR BUYSAUD/CAD 4H - With this pair I am looking to see an end to this bearish correction, I have gone ahead and marked out two areas of interest I have come across that I fee price may come to trade down and into before taking that move higher. I want to see price trade down and into one of two, for enough Demand to be introduced into this market to give us the S&D flip we are looking for. As always our confirmation of this will come from a BOS to the upside fractally as this tells us that one trend is ending being the bearish one and a new bullish trend is starting. In order for us to get a refined entry and one worth taking we must then wait for price to come and correct itself initially before going on to trade us higher, this is where price will set its first higher low before going bullish. This is where we can look to enter from, all we will need to do is wait for price to correct into a Demand Zone found from the initial impulse that broke the structure to the upside.Longby Lukegforex5
AUD CAD Long IdeaAUD CAD has made 5 waves down and a 3 wave correction followed by a continuation 5 waves down. 5 waves up signalling a reversal and a 3 waves down for a correction. Im expecting a 5 waves bullish movement from here.Longby Chathifriends5
AUD weaknessAUD has been weak across the board and is giving potential opportunities to go short. In AUDCAD the Daily bias is bearish and could continue lower. The D chart presented us with a SWH with its 3rd candle lows being breached by today's price action. Ideally in the 1H, the chart will set itself up either in London (2am) or NY session (7am-9am) for a short after a possible run into liquidity stablished by highs of Feb 1st Asian session, which is standing right in the zone of the 0.618 and .786fib. This could be sell opportunity targeting Feb 1st lows. Shortby dfgaviriaUpdated 113
AUDCAD IS MAKING REVERSAL (DOUBLE BOTTOM)AUDCAD is making reversal Double Bottom it will reverse the trend from bearish to bullish Divergence also conform the reversal if It Break the level of 0.88399 then my trade plane exicute Entry Point is 0.88402 Stop Loss is 0.87575 and TP is 0.89252Longby rizwanahmed06032
Journal Series- AUDCADDisclaimer: The trade idea presented herein is solely for journaling purposes and does not constitute investment advice or a recommendation to buy, sell, or hold any securities or financial instruments. The information provided is based on hypothetical scenarios and past performance, which may not be indicative of future results. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. The author and publisher of this content shall not be held liable for any losses or damages resulting from the use of this information. Trading and investing involve risks, and individuals should carefully consider their risk tolerance and financial situation before engaging in any trading activities.by abinvestor24Updated 5
AUD-CAD Will Grow! Buy! Hello,Traders! AUD-CAD fell down but Has reached a horizontal Support of 0.8765 from Where I think we will See a bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignalsUpdated 116
CADAUD's MACD Histogram crosses above signal lineCADAUD's MACD Histogram crosses above signal line The Moving Average Convergence Divergence (MACD) for CADAUD turned positive on January 30, 2024. Looking at past instances where CADAUD's MACD turned positive, the stock continued to rise in 30 of 95 cases over the following month. The odds of a continued upward trend are 32%. Price Prediction Chart Technical Analysis (Indicators) Bullish Trend Analysis The Momentum Indicator moved above the 0 level on January 30, 2024. You may want to consider a long position or call options on CADAUD as a result. In 34 of 116 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 29%. Following a +0.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where CADAUD advanced for three days, in 84 of 283 cases, the price rose further within the following month. The odds of a continued upward trend are 30%. The Aroon Indicator entered an Uptrend today. In 56 of 249 cases where CADAUD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 22%.Longby Serhii_Bond2
audcad 4h demand currently inside a weekly demand area , daily supply is in control and 4h demand is also in control. so the 4h entry is anticipating weekly demand and 4h demand will push up. Longby MastermindGNDUpdated 115
AUDCAD Will Move Lower! Sell! Please, check our technical outlook for AUDCAD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.882. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.878 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 112
strong support, perfect time for buying.AUDCAD is rising toward pullback resistance and could potentially break off this level and rise higher. Stop loss is at 0.87600.Longby singhmankirat97477
AUDCADAUDCAD Short at LH (also 0.5 FIB , trendline resistance intact) SL , TP mention in chartShortby SignalEdgeUpdated 0
AUDCAD: What's the link between AUDCAD and dollar strength?In today's trading session, our focus is on AUDCAD, where we're eyeing a selling opportunity around the 0.88600 zone. AUDCAD is currently in a downtrend and undergoing a correction phase, approaching the trend at the 0.88600 support and resistance area. However, a fundamental layer adds depth to our analysis, as AUDCAD exhibits a correlation with stocks. Given the current strength of the dollar, there's potential for pressure on stocks, which in turn could influence a downward trend in AUDCAD. As we assess the dynamics of AUDCAD, it's crucial to consider the broader market context. The strength of the dollar often impacts various asset classes, including stocks. A strong dollar typically leads to lower demand for commodities, which can weigh on commodity-linked currencies like the Australian dollar. Consequently, AUDCAD tends to mirror fluctuations in stock markets, especially during periods of heightened volatility or shifts in investor sentiment.Shortby JoeChampion4
AUDCAD SHORTSAlso a repost from previous week,I was wicked out from the trade but structure is still. maintaining, Re-analysed Market Structure Bearish on Higher Time Frames Weekly and Daily at same AOI weekly Rejection Daily Rejection EMA retest on all time frames Around Psychological Level 0.89000 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay HydratedShortby mobbie_zwUpdated 2
AUDCAD 1HAUDCAD 1H R:R = 3 DBD ZONE : This zone is calculated by supply and demand method Shortby amirprvf0
AUDCADTwo interesting areas to enter sales. The first one right now, the second 50 or 60 pips higher. Be careful that tomorrow we have the interest rates of the Canadian dollar.Shortby SGsauragestionUpdated 3
AUDCAD long move Price is to fall toward our bullish order block of 0.87671 a pullback support that aligns with the 38.2% Fibo retracement. A reverse from this point could lead the price to rise to 1st resistance at 0.88128. If price breaks below the pivot, it could fall to 1st support at 0.87508 , a swing-low support level.Longby OCBE-FX222
AUD/CAD - PRICE IS COMING FOR RETESTHello everyone ... if price break our entry areas then this idea will be invalid.. Use good trade management only thing important in Trading is how you manage your trade... motivate us by likes and comments... .. good luck..Shortby DreamsForxUpdated 3
US openPost FOMC. interest rate maintained hence looking for shorting major currency. looking for a break. controlling RR at 1:1 or more until NY session opens. Shortby kenbryan_0
AUDCAD - Shorts expected Hi fellow traders! After an impulsive break of the previous support I am expecting this to turn in to resistance . I expect some slow retracement to the target shown before coming down to the target below. I will be waiting for entry within the 1H timeframe. Have a safe trading weekShortby SK-trading123Updated 334
AUDCAD - BULLISH AUDCAD has been in a downtrend but currently is at a 4H Support. Trade Bias - Support Hold Buy at Current Market Price and SL at lower support region. Market Sentiment 90% Longs Hourly Bullish Divergence Longby Trader-Hash0
✅AUD_CAD BEARISH FLAG|SHORT🔥 ✅AUD_CAD is trading in a Downtrend and the pair Broke out of the bearish Flag pattern which reinforces Our bearish bias and makes me Expect a further bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFxUpdated 2243