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Australian Dollar/Canadian Dollar

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Potential pullback for AUDCAD?Hello traders! We are taking a look at this market for a potential pullback towards support around the 0.91600 area. According to Reuters, the Canadian dollar is showing signs of strengthening due to the impact of the decade bond and so we are looking for short opportunities in this market. The market is currently hovering around September’s high and we could see rejections from this level and a possible bearish move towards 50% of last week’s low on Thursday. Looking for a daily closure below 0.91950 to set up short positions in our sell zone if price revisits the area and will be targeting 0.91630. We will continue to looking for other confirmations to support this idea.
Short
by PipTips
Bullish bounce?AUD/CAD is falling towards the support level, which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take rpofit. Entry: 0.91661 Why we like it: There is a pullback support that lines up with the 38.2% Fibonacci retracement. Stop loss: 0.91036 Why we like it: There is a pullback support that lines up with the 78.6% Fibonacci retracement. Take profit: 0.92722 Why we like it: There is a resistance level which lines up with the 127.2% Fibonacci extension. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by Vantage
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.
Long
by nortandb
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.
Long
by IC Markets
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.
Short
by RTED_Investing
2
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.
Long
by VasilyTrader
1
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!
Short
by Lingrid
4
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.
Long
by fxtraderanthony
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.
Long
by SurgiForex
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!
Long
by Derry_Trades
1
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.
Long
by CakirInsights
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
Long
by AnabelSignals
1
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✅
Long
by EliteTradingSignals
1