AUDCAD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 0.87400 followed by 0.8700 region. What you guys think of this idea?
AUDCAD has recently experienced a bullish surge, confirming a breakout on the daily timeframe. Currently, the price is poised to retest a previously identified support level before potentially resuming its upward momentum. Should the ensuing pullback exhibit healthy price action in line with the bullish forecast, there is anticipation of a reversal near the...
We're hitting the same support zone as the previous week on the AUDCAD timeframe, we're entering a long position.
Had a great breakout of the falling wedge that I called out in an earlier idea (I missed the trade as it happened sooner than I expected), but now I believe we'll fall back from resistance (we can see some rejection on the daily) before confirming the trend change higher. No real fundamentals for this, pure price action.
Hello Traders In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (AUDCAD market update) 🟢What is The Next Opportunity on AUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
AUDCAD has unfolded a compelling Bullish Shark Pattern trading setup on its weekly chart, offering amazing opportunities for those who engaged in the trade three weeks ago. For those who missed the initial move, a strategic move would be to await the market's respect of the Support Level on the 4-hourly chart. To identify this respect, one approach is to watch...
AUDCAD is falling towards midlevel 50% Fibonacci level, AUD weakness after the RBA interest rate hike with dovish statement which led to the downfall in AUDCAD and yesterday USD strength is also a another factor for the downward correction in AUDCAD. If risk trades getting traction this pair will bounce from .87450 level the possible upper side target will be...
Selling only after the retest of the HMA **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management**
I think that AUDCAD's price is currently on a support zone on the 4H timeframe. I am entering a long with a tight stop loss (just above the latest low candle). I am avoiding an EUR or USD pairs as we have some news today.
Our last signal on the AUDCAD pair (see chart below) was a dip buy within the width of the multi-month Channel Down: The Channel Up is adjusted as on Tuesday, the pair got rejected on the 1D MA200 (orange trend-line) forming the new Lower High. As the same time, the 1D RSI got rejected on its 5-month Resistance Zone and today the sell signal is confirmed by...
Uptrend on 4h. Pullback to trendline, support and 200 EMA. Buy. Simple.
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective with clear higher highs and higher lows. I want price to go a little bit lower and then to reject from bullish order block + institutional big figure 0.88000. Like, comment and subscribe to be in touch with my content
AUDCAD / 1D Hello Traders, welcome back to another market breakdown. AUDCAD has broken the structure from bearish to bullish. And broke above the range which suggets more higher prices to see. Checkout the chart for what kind of setup I would look to take. Trade safely, Trader leo.
In this video, we embark on an in-depth analysis of the AUDCAD currency pair, with a primary focus on the existing bullish price momentum witnessed in both the 1-day (1D) timeframe. It is worth noting that the currency pair is approaching a critical support level, hinting at the potential for a forthcoming upswing. Throughout our discussion, we will delve deeply...
Yellow: Open Position Red: Stop Loss Green: Take Profit I am not responsible for your loss! Thanks for visiting. Happy Trading!
AUDCAD, i am Expecting down in H1 soon but it will go a little bit up to take the POI then it will fall directly down to unmitted OB.
Looking to get into buys from the demand level which aligns perfectly with daily and weekly support level.
Here is my analysis for AUDCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!