AUDCAD price is in the support zone 0.86204 if the price cannot break through. It is expected that in the short term there is a chance that prices will rebound. >> GooD Luck 😊
AUDCAD is trading in more like of descending channel pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the channel. Currently the price is forming a local support around 0.86400 region and there are chances that a bullish divergence may form here. Will the bulls take charge again continue for leg higher?
Hello traders, Our previous AUDCAD analysis has been expired! We are going to open opposite direction trade by opening this one. There is 1 entry and 2 TPs for this pair. Levels calculated order_block, regarding support and resistances, channel and pivot points.
CONFLUENCE 1. Downward Trend. 2. Swing Low Break of Structure on 2H Timeframe. 3. Order Block highs is the Swing High. 4. Order Flow created a FVG/imbalance right beneath itself which is pulling back price to the spot for a "SHORT". 5. A Strong Sell Side Order Flow in 7bars of the 2H Timeframe. Entry: 0.87050 SL: 0.87320 TP: 0.86350
AUDCAD is still in a downtrend. At the resistance zone 0.87229 if the price cannot break through. Expect a chance for the price to drop to retest the 0.86373 support level.>> GooD Luck 😊
Hey Traders, in tomorrow's trading session we are monitoring AUDCAD for a selling opportunity around 0.87100 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.87100 support and resistance area. Trade safe, Joe.
The previous bullish drive and price resistance against supply from the area supported by the cloud and moving average could provide the potential for renewed growth.
The AUDCAD pair has been trading within a Channel Down since the February 09 High, having failed to achieve any 1D candle closing above the 1D MA50 (blue trend-line) since July 26. The current price action resembles the start of the Channel Down. Based on symmetry, we have one last Lower Low to achieve and then we should be expecting a rebound to test the 1D MA50....
My dear friends, Please, find my technical outlook for AUDCAD below: The instrument tests an important psychological level 0.8637 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8684 Recommended Stop Loss - 0.8616 About Used...
My dear friends, Please, find my technical outlook for AUDCAD below: The instrument tests an important psychological level 1.8667 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.9709 Recommended Stop Loss - 0.8643 About Used...
AUDCAD Channel: RED WK Pivot: RED AOB: WP CON: EngB SELL Stop: 0.86654 Stop Loss: 0.87157 TP01: 0.86151 DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of weekly pivot However, trade is not taken/considered as it differs from our Market Analysis Bias. SPX500: BUY DXY: SELL OIL: SELL GOLD: BUY Reference to our...
AUDCAD Channel: RED WK Pivot: RED AOB: WP CON: SBB SELL Stop: 0.86740 Stop Loss: 0.87410 TP01: 0.86070 DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing off weekly pivot. However, trade is not taken/considered as it differs from our Market Analysis Bias. SPX500: BUY DXY: SELL OIL: SELL GOLD: BUY Reference to our...
Hello traders, There are two entry and and two TPs for this chart. Levels calculated order_block, regarding support and resistances, channel and pivot points.
Analyzing the AUDCAD currency pair, we observe a bearish shift in market structure evident on both the 4-hour (4H) and daily (1D) charts, characterized by a substantial downward movement. My focus lies on identifying a potential trade opportunity during the retracement phase, capitalising on the imbalances evident within the chart. I encourage you to watch the...
AUDCAD is on a daily support where we see a possibility for a strong buy back again considering the historical price action. Here we have see this pair has formed a descending channel pattern which requires a bullish breakout confirmations to validate the bullish rally expected.
Hey Traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.87500 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.87500 support and resistance area. Trade safe, Joe.
Hi Traders! There is bullish momentum forming on the AUDCAD 1D chart as the pair looks to possibly retest the resistance area. Price Action 📊 There are higher highs and higher lows above the trendline support, and a bullish momentum candle is forming to break above the 20 EMA. Looking for a momentum break and a close above the 20 EMA for possible long...
AUDCAD Buy Stop Loss: 0.865 Targets: 0.872 0.874 0.876 0.879