AUDCAD moved out of the descending channel. The market failed to make a lower low at the psychological level of 0.8600. We can see a classic accumilation-expansion pattern. Price action is likely to test the recent resistance level. --------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDCAD is trading in a descending channel. Price action is likely to test the upper border of the descending channel. We expect to move down from the resistance if price tests it. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD is trading in a descending channel. The market broke and closed below the support, which became resistance at 0.88500. Price action is likely to test the support level. We expect to test the lower border of the channel ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
At daily chart, price make a nice bearish channel pattern and already touch the resistance from the channel to. Confirmation already created by the price with the big red candle and still waiting for the other confirmation to take a trade on AUDCAD.
AUDCAD is trading in an ascending channel. The market broke and closed below the support, which became resistance. Price action is likely to test the support level. We expect to test bearish moves. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUD-CAD broke the falling resistance So after the pullback and retest AT 0.89136 A move up is to be expected To retest the level above
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD is retracing to the resistance zone after sell off. Since the market is bearish , we look for selling opportunities. We expect a bounce-off from the recent resistance level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD is currently moving in the descending channel. Price action is retracing to the resistance zone after sell off. Since the market is bearish, we look for selling opportunities. We expect a bounce-off from the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUD-CAD went up and is now Retesting a resistance cluster Of the falling and horizontal Resistance levels at 0.89665 from where I am expecting a move down
This is for short term Please DYOR before entering the trade.
Here is my view for AUDCAD on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The AUD/CAD pair formed a head and shoulders top pattern with neckline breakdown earlier this month. This pattern is similar to the one seen in AUD/USD but shows a bit more room to the downside towards July 2022 lows. The RSI pointing southward and the MACD crossing the zero line indicate that some weakness could persist in the short term. From a monetary...
AUDCAD is testing support level. Price action created a double bottom with divergence. The market reached a lower border of the descending channel. We expect a bounce-off from the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!