AUDCAD - Buy SetupAUDCAD was in Consolidation. Broke resistance Took Entry at retracementLongby HammadFXPro0
Buy AUD/CAD positionHello friends. There is a good buy position in this pair. Follow us.Longby razban_fx0
NFP trade I had this trade on SL zero and it dropped but riskyWe have recently broken above a couple of minor resistance barriers, so I do think that we have a certain amount of upward momentum that eventually has to be dealt with. In the short term, it looks like we consolidate a bit in order to work off some of the froth, and that's not a huge surprise considering both of these currencies are heavily influenced by commodities, and therefore it's kind of a push pull type of argument in general. This is a pair that does tend to be very choppy because there are very similar influences on each currency, so therefore it’s not as clear of a shot as something like the British pound against the Japanese yen, for example. Because of this, you will need to be a bit more patient with a move in this AUD/CAD market. There's no real easy path, unless of course, you have metals outperforming energy, for example, the Australian dollar is also highly sensitive to Asia. So, keep that in mind. Canada has the backing of the United States as far as economic demand is concerned. So, there are a lot of crosscurrents at the moment. Nonetheless, we are in an uptrend, and that means that buying the dip continues to be the most obvious trade here.by EZIO-FX0
AUDCAD - Buy SetupAUDCAD is forming Bullish Rectangular Pattern which is a continuation pattern. Therefore, we will look for a potential Buy setup.Longby HammadFXPro0
AUDCAD: Weak CAD, need a pullback for an entryCanada's inflation is well below 2%, and with GDP underperforming at 1.7% annualized, the time to cut rates from 5% could be this Wednesday. If this doesn't happen, we could see a snapback in the market near the 0.9050 area, which would be a good potential entry. Australia's inflation rate is 3.4%, so no rate cut coming soon. NO TRADE Trend: Bullish Momentum: Bullish Japanese Candlestick Pattern: Bullish Engulfing on 4/22 Chart Pattern: Bullish Channel Support and Resistance: 0.8600, 0.9000, and 0.9350 are all in play near-term. by positionforex0
AUDCAD: Will Start Growing! Here is Why: Looking at the chart of AUDCAD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals111
@@@@@ AUDCAD UNIQUE IDEA $$$$$#AUDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis now we are here to discuss about AUDCAD. AUDCAD almost breakout done. After this breakout we can see drop upto 100Pips+ soon ✍Shortby Williamforex228
AUDCADIf someone wants to quick trade just buy audcad 2 to 3 hours results no one is 100 percentage prefect by ISLAMFOREX1303
AUDCAD SidewaysAUDCAD is not making any clear higher highs or lower lows, therefore support and resistance strategy is suitableby ruba_hasan961
AUDCADUptrend buy at 78.6 Gartley pattern to complete a crab and a bigger butterfly in the daily timeframe, then look for sell opportunities.by Artchaar_24860
A REVERSAL INSTITUTION DON'T WANT YOU TO SEE ON AUDCADAUDCAD on a sell reversal after a liquidity sweep on HFT. i teach you how to bank 500 to 1000pips here the institutional wayShortby MrPromise10
AUDCAD_BEARISH TRENDScript is currently under bearish trend and based on the chart patterns we can seek a quick scalping for short. levels identified on the charts as well.. DYOR (Do your own research)Shortby Humza_Mehtab2
DeGRAM | AUDCAD decline from the retracement levelAUDCAD is moving in a descending channel between the trend lines. The price reached the upper boundary of the channel and the resistance level coinciding with the 62% retracement level of the last bearish impulse, and afterwards the chart dropped below the dynamic resistance. The last pullback from the upper boundary of the channel was larger than the previous one, which also indicates that the sellers are getting stronger. We expect a decline. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM118
AUDCAD About to test the 1W MA200 after more than 1 year.The AUDCAD pair has been on a structured rise since the September 25 2023 Bottom, which technical is a Double Bottom formation for the long-term. The price is about to test the 1W MA200 (orange trend-line) for the first time since the week of March 20 2023 as well as the Lower Highs trend-line that started on the February 22 2021 High. Every time the pair approached the 1W MA200 to this distance, it broke above it, even just for the medium-term. We expect a similar development, which would be conveniently a Lower Highs test. Our Target is 0.92250. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot2
SHORT TERM BEARSNo more talking here as we dare to dream for the possible road map. We wait and see the prints out. The map speaks for itselfShortby Evaristos3
AUDCAD Approaching 0.9120 On Improving Market SentimentAUDCAD Approaching 0.9120 On Improving Market Sentiment Australia’s Retail Sales rose 0.1% MoM in April vs. 0.2% expected. It was a slight decrease considering the expectations for the month of April but if we take into consideration the previous month's retail sales improved to 0.1% in April vs -0.4% in March This is supporting AUD strength today and we can probably see AUDCAD testing the top of the structure soon located near 0.9120 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❤️ Longby KlejdiCuniUpdated 669
AUDCAD SHORTS Cpi is coming if its bad this will melt. Other than that it rejected top of zone simple break and retest as always.Shortby BigPipster1
AUD CAD - ShortAUD CAD currently in a up trend, but divergence has been printed there's a possibility of reversal from this zone short entry is recommended after the breakdown of 0.90689Shortby MSafwanS113
short on AUDCADThe sentiment for this pair is bearish and we can also observe a bearish flag with no divergences. Shortby ibbboo1763
AUD/CADSmall Risk and Big Reward Trade Setup/ Expecting a downside movement as i forecast. Don't Forget to manage risk. Break of structure in 15 Min and 30 Min also. Longby AFFINITY_MARKETS4
Lingrid | AUDCAD in the CONSOLIDATION zoneThe price perfectly fulfills my last idea. It took off and hit the TP. The daily timeframe is showing a bullish trend, with the market consistently updating higher highs and higher lows. FX:AUDCAD has been consolidating within a narrow range of 0.91000 to 0.90500. It recently broke and closed above the significant level of 0.9000. Given this momentum, I anticipate the market will continue to consolidate within this range, with the potential for a bounce off support and an upward move towards liquidity area above the equal highs. Considering the overall bullish trend, it's likely that the price will rebound from the support level and downward trendline. My target is the resistance at 0.90960 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid1114
AUDCAD - FALLING WEDGEhi everyone, i just wanna share about chart pattern base on what i learn. it is falling wedge chart pattern?! am i wrong? please share and discuss thanksyou disclaimer, this is not a signal, be smart Longby dorissim0