AUDCADjust using "basic technical" in this case, very clear the price at support trendline i expect bullish is strong. macd have a divergent so, i think this is very interesting to BUY disclaimer !!! this is not a signal i just share my idea BE SMART about your money do your own analysis thanksyouLongby dorissim3
Could AUD/CAD bounce from here?Price has currently bounced off the buy zone which is an overlap support level which aligns with the 78.6% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.88418 Why we like it: There is an overlap support level which aligns with the 78.6% Fibonacci retracement. Stop loss: 0.87974 Why we like it: There is a pullback support level Take profit: 0.88964 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. 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.Longby VantageMarkets6
AUD-CAD Rising Support Ahead! Buy! Hello,Traders! AUD-CAD is falling down But will soon hit a horizontal Support line and after the Retest we are likely to see A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals111
AUDCAD H4 Bullish ChochAUDCAD has formed a bullish ChoCh H4 & has pulled back in the OB H1 area. It's time for bullish momentum & waiting for inducement to determine the TP target. Longby VoxNexus2
AUDCAD: Channel Up bottom buy opportunity.AUDCAD is neutral on its 1D technical outlook (RSI = 45.713, MACD = 0.002, ADX = 36.219) as it is testing the 1D MA50 and 1D MA200 periods at the bottom of February's Channel Up. This is a technical buy opportunity on the lowest possible risk, since as long as the Channel Up holds, we can target a Higher High at +2.30% (TP = 0.90500) like the one before. If the Channel Up breaks the loss will be minimal and we'll be able to short and target the S1 level (TP = 0.87300). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope4
AUDCAD Ichimoku SetupAUDCAD looks good for a short. Ichimoku looks like its turning bearish, and general market structure suggests a trend shift. Looks pretty good!Shortby MaltheFXUpdated 117
AUDCAD is under the pressure of a strong dollar Traders, In today's trading session, our focus lies on AUDCAD, with our sights set on a potential selling opportunity around the 0.88800 zone. AUDCAD is currently entrenched in a downtrend, undergoing a correction phase as it nears the crucial support and resistance area at 0.88800. Adding depth to our analysis, it's essential to consider the broader market dynamics, particularly the strength of the US dollar. Historically, a robust US dollar tends to exert downward pressure on indices, given their positive correlation. This relationship stems from the fact that a stronger dollar makes US exports more expensive, leading to lower corporate profits and dampened investor sentiment, thus impacting indices negatively. Moreover, indices, being positively correlated with AUDCAD, further compound the pressure on the pair in the face of USD strength. As indices decline due to the strong dollar, AUDCAD typically follows suit, given their interconnectedness. Therefore, with AUDCAD already in a downtrend and the US dollar exhibiting strength, the combination of these factors suggests a favorable environment for a selling opportunity in the pair around the 0.88800 zone. Trade wisely, JoeShortby JoeChampion3
AUDCAD May Rise Again From The Support ZoneAUDCAD May Rise Again From The Support Zone Technical Analysis: AUDCAD is close to a strong support zone. We may see the price rising again from this area given that the bigger picture is showing for a possible bigger pattern. The current zone is also a very dense volume zone and has been tested several times in the past.All these details can push the price up again.. Watch for reversal signs. 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 KlejdiCuni3314
AUDCAD 📉 Short Idea ✔The price is about to get to the strong previous major resistance zone. If the price reacts downward after the touch to this level and gets its direction as the descending, we can expect price to hit Fair Value gap zone at most. The reaction of the price will let us know the next move after the FVG zone tested. All in all, my expectation from this pair is short, if the resistance zone is tested and pull back successfully. Good Luck To ALL😎🙌🏽❤Shortby TetanForexUpdated 669
AUDCAD Trade IdeaIn this video, we delve into a comprehensive technical analysis and trading concept for AUDCAD. Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial to underscore the significance of implementing robust risk management strategies. Please note that this video is purely educational and should not be construed as financial advice. 04:44by tradingwithanthonyUpdated 4
AUDCADWe can attempt to buy AUDCAD at HL (also 0.5 FIB , EMA 100 intact). SL , TP mention in chart Analysis at 4 hourLongby SignalEdge0
AUDCADAUDCAD is in bearish trend . Potentially printing LH and LL. Sellers are strongly active. We sell at CMP.Shortby Naqash911
AUDCAD Will Go Higher! Buy! Please, check our technical outlook for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.890. The above observations make me that the market will inevitably achieve 0.899 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider111
AUDCAD- Possible Movement Excepting a retest to the descending channel and then a breakout, lets wait until the scenario works then we will enter a long position with SL mentioned (red line) Longby Zaeemattallah223
Aud Cad major sellRSI is extremely oversold Price is at resistance level on the 4h pivots Stop loss is on the chart Risk management is important News could affect the position Stay updatedShortby EleazarahmathUpdated 3
AUDCAD - updateI still have a long-term bearish outlook for AUDCAD but I do see two ways of getting there. 1) A regular three wave corrective pattern going up into the upper blue-green box and from there price will fall significantly. 2) Instead of a three wave pattern we could deal with a triangle corrective move and we just started the wave D which will be followed by a wave E before going down to finally start the last move down for the corrective move that has been going on for years.by Staggi103
AUDCAD - WEEKLY FORECASTForecast: Start of Bullish Trend (Daily) Invalidation Level: 0.87222 Only buy when the price is close to these levels: 0.88893; 0.87992. Longby TradingDame2
AUDCAD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any Shortby akmalsabran90441
AUD CAD PRICE - ITS TIME TO BREKOUT UP TREND AUD CAD noo more up trend its time to break out price will be down fall after retest till 0.89504 marked price line, make a short entry as shown in the picture Shortby FOREX_TRADER_007Updated 5
AUDCAD BUY POSTIONGreetings traders, Utilizing my primary trading strategy, I anticipate significant market activity around the 0.88858 level, with an interim step at 0.89155, ultimately targeting a take-profit (TP) level of 0.89300. It is imperative to maintain strict adherence to prudent money management principles throughout this trade endeavor.Longby MAAS_VP1
AUDCAD LONG Market Structure Bullish on HTF Weekly and Daily at same AOI Strong Weekly Close (Bullish Engulfing) Weekly EMA Retest Weekly Rejection at AOI Around Psychological Level 0.89000 Daily Rejection At AOI H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostLongby mobbie_zwUpdated 115
AUDCADDoes this long make sense to you guys , do more due diligence and see if its a good one for youLongby majedmo0