AUDUSD - Buy Setup Hello all as per my small analysis here is a buy setup with good risk to reward ratio.
Trade ideas
Bullish set up AUDCADI'm leaning bullish towards this pair. On a technical level we can see an uptrend after an accumulation on the daily TF.
Looking closer on the 1H we can see higher lows and higher highs setting in. Rn price is entering a supply zone and I expect price to react to this or the next one above. I want to see another 1H retracement to 1 of the 2 OB's I marked out in orange.
This is the area I want to be placing a long position in after bullish confirmation on the lower TF.
I expect price to come back at least to the 0,92000 area, but my aim is 0,93500. This is close to the last weekly high.
The only thing that worries me, is that price made a retest after the accumulation, but didn't tap into the demand zone.
According to the fundamentals, we can expect bullishness because Canada has been getting bad economic data regarding GDP and unemployment. House prices are going down, what can lead to a lower demand for this currency.
On the other hand, Australia has a lower unemployment number and the central bank remains more hawkish, aiming on modest growth. Overall they received good economic data.
AUDCAD 1HTF Rising Wedge SetupPrice is moving inside a Rising Wedge, typically a bearish reversal signal.
Watching for a break below wedge support to confirm downside.
Potential targets: next support zones as marked on chart.
Invalidation: Break and close above wedge resistance.
#AUDCAD #Forex #ChartPattern #Wedge
Bullish bounce setup?AUD/CAD is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which lines up with the 127.2% Fibonacci extension.
Pivot: 0.9166
1st Support: 0.91028
1st Resistance: 0.92722
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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, the pair is likely to move toward the 0.9160 support level, with further downside potential toward 0.9132. The broader structure points to a corrective phase within the channel, reinforcing a bearish near-term bias.
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, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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 test the 0.9160 level, with potential extension toward 0.9132. The broader structure suggests a corrective phase inside the channel, aligning with bearish bias.
⚠️ Risks:
A recovery above 0.9218 could invalidate the bearish outlook.
Strong AUD performance from macro data might lift the pair again.
Global risk-on sentiment could dampen CAD demand and push price back higher.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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 break of structure on a lower timeframe for a long entry 🎯.
⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always apply proper risk management.
AUDCAD LOCAL CORRECTION|SHORT|
✅AUDCAD price taps into the supply level after an extended rally, hinting at distribution. From an ICT view, this area may trigger a shift in order flow, drawing price toward inefficiency and the marked target zone. Time Frame 4H.
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
AUDCADPrice broke and went back to retest a weekly zone. Daily and H4 gave us a double bottom with neckline which has been broken and being retested. If there's bullish confirmation will be looking for buys to the monthly resistance zone around 0.93500
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 (ABC pattern completed, aiming for D completion at higher levels).
Key Bullish Confluences:
ChoCH & BOS:
Structure flipped bullish after BOS to the upside.
Suggests a transition from bearish to bullish.
Bullish Harmonic Pattern:
ABCD pattern is targeting point D (above current price).
Extension to 2.616 Fibonacci level aligns with potential D completion.
Liquidity Above:
Price is targeting the "Weak High" marked just above current levels.
Weak highs often get taken out in bullish moves.
RSI Indicator (bottom of chart):
RSI is rising and moving above 50, indicating building bullish momentum.
No bearish divergence visible at the moment.
PDH (Previous Day High) Cleared:
Break above PDH confirms strength and could lead to expansion toward PMH (Previous Month High).
Entry Idea (Aggressive):
Entry: Current price or after a small pullback into the blue demand zone (OB) just above PDH.
Stop Loss: Below the demand zone (~below PDH).
Target 1: Weak High (~0.92200)
Target 2: Point D (2.616 extension; ~0.92800+)
Target 3 (Optional): Beyond D if continuation setup appears (trail SL)
Entry Idea (Conservative):
Wait for:
A retest of the OB or FVG (Fair Value Gap) below.
Reconfirmation (bullish engulfing or continuation pattern).
Then enter long.
Invalidation:
If price breaks below the PDH zone and closes below it with bearish momentum.
Also, if ChoCH is invalidated and structure shifts back bearish.
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.
✅LIKE AND COMMENT MY IDEAS✅
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 investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you.
Please support our analysis with a boost or comment!
AUD/CAD Technical Setup: Sideways Base, Breakout to 0.9120The AUD/CAD currency pair experienced a sharp decline on 25 September, with price action dropping aggressively from the 0.9170 zone down to the 0.9110 region. Rather than being an artificial move, the structure of the decline aligns closely with established technical factors such as resistance rejection, momentum exhaustion, and a clear continuation of the prior bearish trend.
Following the sell-off, the market has spent the last 6–7 hours consolidating in a narrow sideways channel just above 0.9100. This type of consolidation is commonly observed after strong directional moves, often functioning as a base for the next leg. In this case, the pattern is forming close to a support zone, suggesting potential accumulation.
From a technical standpoint, the short-term bias is shifting toward a bullish breakout. The pair has defended the 0.9110 support, and the price action is compressing within a small descending channel. A clean break above this pattern would confirm renewed upside momentum.
The immediate upside objective sits at 0.9120, which is the nearest resistance level. If buying momentum strengthens beyond this zone, the next resistance to monitor is 0.9170, the previous supply area that triggered the recent decline. On the downside, a failure to hold above 0.9100 could expose lower supports around 0.9085 and 0.9065.
Key takeaway: The 25 September drop in AUD/CAD was primarily a technical correction within the broader market structure. As long as 0.9110 holds, the short-term outlook favors a rebound towards 0.9120, with potential for extended gains if momentum accelerates. Traders should monitor breakout confirmation before positioning for the next directional leg.
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 enhance your forecasting abilities.
AUDCAD What Next? BUY!
My dear friends,
My technical analysis for AUDCAD is below:
The market is trading on 0.9118 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9138
Recommended Stop Loss - 0.9107
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
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 lower BB line acting as support. The next target is 0.914 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
AUDCAD: Trend ContinuationThere's a trend continuation opportunity present on the AUDCAD pair. Here's my breakdown by timeframe.
Daily Timeframe:
Price pulled back and held supported at EMA20, which isn't a strong indication of support
Strong uptrend is indicated by EMA20 above EMA60
H1 Timeframe:
There's confluence here where Price is exiting the EMA20/60 band
EMA20 also remains above EMA60 for a strong uptrend
Pricing breaking DTL also remains valid as there was upside momentum
AUDCADAUDCAD rebounded strongly from recent lows and is now testing the 0.9163 – 0.9172 resistance zone, which aligns with the descending trendline.
🔽 Bearish case: A rejection here could confirm resistance and send price back toward 0.9136 and 0.9129.
🔼 Bullish case: A clean break and hold above 0.9172 may extend upside momentum into 0.9200+.
📌 This is a decisive area: trendline + horizontal confluence will reveal if buyers can flip structure.
⚠️ For educational purposes only, not financial advice.
AUDCAD - Hedging Short Targeting 0.9257Currently trading a 96k prop account with an open sell trade of 0.5 lots. Price seems to want to rise higher and so I'm not really confident in this short sell position at the present moment. Roughly 30 minutes ago just before creating this analysis I noticed Aussie accelerating and especially with pairs like EURAUD. I decided to hedge it 100% by adding an equal lot on the long size of 0.5.
I believe there is a good chance this pair will rise to my first target as explained in the video which is 0.9257
At this level I plan to lock-in my hedge of 0.5 long lots, book the profit and consider adding an additional sell of 0.5 lots to bring my breakeven level closer.
