Australian Dollar/Canadian Dollar AUDCAD

Price broke out of monthly bullish TL and has since been consolidating within a triangle. Longs will be taken after price has retested the bottom of the triangle and shown signs of returning to the top of the triangle.

After watching the market push up during yesterdays AUD news, RSI went extremely over bought up at 97 The market then put in a nice Double Top right at that major 9700 even handle. On the retest we saw some nice bearish divergence on the RSI so I got involved as soon as we had the valid retest signal. Stops and targets as per the short position indicator.

3 bar reversal and over 80 and rsi pointing down

Bulls are taking control and are pushing the price through the support at (0.95899) hoping to see us test another support at (0.92916)

Bulls are pushing price through the support of (0.95921) should see us reach (0.93527)

Technical Analysis: The pair now faces very strong support represented by: 1-Fibonacci levels between 78.2-61.8 2 - The released 20 shows you support levels for the pair of the 61.8 level Fibonacci 3-pair on the four-hour frame there is a falling trend has been broken 4 - in the case of stability above 0.9650-0.9700 this opens the field and strong to rise to ...

38.2% & POSSIBLE 61.8% Retracement LONG GWAVE. FIB Retracement Percentage is calculated in a Higher Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS

Technical Analysis: The pair now faces very strong support represented by: 1-Fibonacci levels between 78.2-61.8 2 - The released 20 shows you support levels for the pair of the 61.8 level Fibonacci 3-pair on the four-hour frame there is a falling trend has been broken 4 - in the case of stability above 0.9650-0.9700 this opens the field and strong to rise to ...

H4: - Downtrend - Below resistance --> Sell

Was unlucky with my other trade I had on this pair but have found another opportunity. Entering just below the .96 here expecting a retracement daily outlook. Good projection for support around the psychological numbers. Entry .9596

Technical Analysis: The pair now faces very strong support represented by: 1-Fibonacci levels between 78.2-61.8 2 - The released 20 shows you support levels for the pair of the 61.8 level Fibonacci 3-pair on the four-hour frame there is a falling trend has been broken 4 - in the case of stability above 0.9650-0.9700 this opens the field and strong to rise to ...

I can see a bearsish flag formng after a long downtrend. Also a H&S forming as shown price below both MA s and blue MA turning down suggesting a downtrend to follow. fngers crossed.

AUDCAD has rejected strong resistance at the 0.977 level with a bearish candle, this level is also in confluence with a descending trend line adding to a short bias. Will AUDCAD hit our take profit at the 0.9712 level giving a total of 55 pips ??

I entered this trade yesterday but due to be having to go out and get ready to watch the England World Cup football match I didn't have time to update my profile with this trade. However I am in the trade and entered in the middle of the fib zone after the CAD news broke to the downside only to retrace and reject the fib zone. Do the the volatility of the ...

Hey guys just wanna add another chart here, I have two trades active 1) .9683 2).9720 . TPs may take some time because of the high swings, Thank you all.

AUDCAD - 1D, Potential Bullish Harmonic Pattern

What looks like a calculated risk has appeared. The weekly candle hasn't closed yet so it's always risky taking a trade. However, I think price on this pair could rocket. Especially on Friday with all the news coming out. I'm trying to escape the Friday madness (NFP) and taking this trade now. I'm sure I will be sitting in the trade for the next 3 days while ...

My prediction for the AUD/CAD is its currently on a sell but I believe it’ll reverse to a buy in the highlighted sector I