Bearish Trendline at 4-Hour Time Frame: AUDCAD has been following a bearish trendline in the 4-hour time frame, indicating a prevailing downward momentum in the market. Observation of Dow Theory: Additionally, the market has been adhering to the principles of Dow Theory, reinforcing the bearish sentiment. Retracement and Rejection: A retracement up to the...
Identified a potential trading opportunity in the AUD/CAD currency pair that we believe warrants attention. Please note that trading forex involves inherent risks, and this recommendation should be carefully considered within the context of your own trading strategy and risk management practices.
Utilizing the daily timeframe as the cornerstone of this analysis, an opportune moment presents itself to engage in a sell position at the prevailing resistance level. Embracing calculated risk, I anticipate potential downside movement in the imminent days. Let us observe with keen interest the unfolding dynamics of the market and discern the outcome of this...
The Inflation Deflator has printed a double sell signal. Further confirmation is seen as Make That Money has also printed a sell signal in the same price range. This correlates with a retest of 4h supply zone. We should see a nice drop down to 0.8840
Overview: AUD/CAD is nearing a critical resistance at 0.88450, suggesting a potential downward move. Key Levels: - Resistance: 0.88450 - Stop Loss: 0.88850 - Take Profit Targets: - TP-1: 0.88050 - TP-2: 0.87700 Analysis: - Bearish Bias: The probability of downward movement is high. - Entry: Consider short positions on a re-test of 0.88450. - Stop-Loss:...
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to continue the retracement to take liquidity above equal highs and to fill the imbalance, then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
Waiting for a break and retest of 0.88341 to short AUDCAD back to 4H swing lows at 0.87279 If you agree drop a like and if you have any questions leave a comment :)
Examining AUDCAD, I've pinpointed a solid SHORT opportunity. The pair is exhibiting bearish signals, including a failure to break past key resistance and a notable trend of lower highs, indicating weakening momentum for the AUD against the CAD. Technical indicators such as the RSI dipping towards overbought levels and a bearish MACD crossover further validate this...
On an hourly timeframe, AUDCAD printed an Evening Dogi Star followed by a series of Lower Highs and Lower Lows which suggests a potential downward momentum.
Hello guys! its your girl forex potato, i have followed this pair for over a month now looking for signals, finally found one having missed NZDCAD entry. AUDCAD has been a consistent downtrend for a long time now, it retraced and and now the trendline formed from pull back has finally broken and price is showing a sign of weakness indicating that the sellers are...
Diving into the dynamics of the AUDCAD pair with a comprehensive analytical lens, I've identified a compelling SELL signal. This bearish inclination is not based on a single indicator but on a confluence of technical patterns and economic fundamentals that suggest the Australian Dollar may face downward pressure against the Canadian Dollar. The technical analysis...
Hello Traders In This Chart AUDCAD HOURLY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (AUDCAD market update) 🟢What is The Next Opportunity onAUDCAD 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...
My first trade of the week, AUDCAD short. price breaks of of a bearish flag, which is a continuation pattern, I'm expecting the price to continue dropping lower.
MARKET PHASE OANDA:AUDCAD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above...
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block. Fundamental news: On Thursday we will see results of Unemployment Rate on AUD,...
On the hourly timeframe, AUDCAD is displaying indications of potential bearish momentum, characterized by lower highs and lower lows, suggesting a downward trend in price action.
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement and my point interest for a long is if price rejects from trendline + bullish order block. Like, comment and subscribe to be in touch with my content!
Hello everyone, i hope you enjoy this idea and I would like to hear from you in the comments what you think about it. Your feedback is really important to us as our team is trying to improve everyday.