AUDCAD - Expecting Bullish Continuation In The Short TermH1 - Strong bullish momentum.
No opposite signs.
Until the two Fibonacci support zones hold I expect the price to move higher further.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support h
About Australian Dollar/Canadian Dollar
The Australian Dollar vs. the Canadian Dollar. Both of these currencies are regarded as commodity currencies and are considered to be a relatively stable currency pair. The CAD fortunes are closely related to the U.S. because it is their largest trading partner and neighbor. The AUD is more effected by its alignment with Australia and emerging Asian markets.
Related currencies
AUD/CAD: Watching Reaction at Lower Channel TrendlineAUDCAD has been moving inside an ascending channel, respecting both the support and resistance levels. Recently, price tested the upper resistance of the channel around 0.9030 – 0.9040 and got rejected, forming a lower high.
Currently, price is retesting the minor support zone (highlighted in grey)
AUD/CAD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
AUD/CAD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 6H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.903 because the pair overbought due to
AUDCADAUDCAD (8H) — Technical Bias: Bullish continuation (buy-the-dip)
Structure: Clean breakout from the prior range with a strong impulse candle; price left a fair value gap (FVG) / breakout gap above the old resistance. Expect a retest into that FVG then continuation.
Momentum/Flow: Rising volume on
Bearish Butterfly on AUD/CAD (4H): Full Trade Plan & AnalysisAUD/CAD 4H — My Bearish Butterfly Breakdown
Quick summary
I found a completed Bearish Butterfly on the AUD/CAD 4‑hour chart at point D. I’m looking to short this with a low‑timeframe entry, strict stop above D, and staged profit targets based on the chart’s fib and support levels.
Why I’m shor
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of AUDCAD is 0.92138 CAD — it has increased by 0.06% in the past 24 hours. See more of AUDCAD rate dynamics on the detailed chart.
The value of the AUDCAD pair is quoted as 1 AUD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 AUD.
The term volatility describes the risk related to the changes in an asset's value. AUDCAD has the volatility rating of 0.67%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCAD showed a 1.71% rise over the past week, the month change is a 2.27% rise, and over the last year it has increased by 1.77%. Track live rate changes on the AUDCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
AUDCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade AUDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with AUDCAD technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the AUDCAD shows the strong buy signal, and 1 month rating is buy. See more of AUDCAD technicals for a more comprehensive analysis.