AUDCAD: Fed monetary policy weighs on AUD.Hey traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.89000 zone, once we will receive any bearish confirmation the trade will be exeuted.
Trade safe, Joe.
Aud-cad
AUDCAD Still bearish unless this level breaksThe AUDCAD pair is following our trading plan to the point since our last analysis (August 12), which was a sell signal following the 1D MA200 (orange trend-line) rejection:
As you see nothing has changed, the price got emphatically rejected on the 1D MA200 and entered a Channel Down that has already hit our first target (0.89120). There is no diversion yet and as long as the Channel holds (especially the 1D MA50 (blue trend-line)), it could target on the medium-term the 1 year Lower Lows trend-line.
This pattern is invalidated only if the 1W RSI Symmetrical Resistance Zone breaks, or the price breaks above the 1D MA200, in which case we will take it as a buy signal, targeting the 1W MA300, which had the April 05 rejection.
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AUDCAD:Potential downside as a proxy to the bearish stock marketHey traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.894 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AudCad signal for shortAud Cad give a signal for short position. Risk Reward Ration is 1:1. Let's see if we hit the target.
xMoataz ! AUDCAD 1DThe AUDCAD has formed a Head And Shoulders pattern, wait for a breakout of the Trendline to enter a short position.
AUDCAD Technical overview and the most important zones to watchHey traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.90200 as a first important zone and 0.89800 in case of a breakout, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDCAD Swing opportunityHey traders, in this week we are monitoring AUDCAD for a selling opportunity around 0.90600 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDCAD BUY ANALYSISLooking at AUDCAD on 30M timeframe
Currently looking for long/buy position
We currently waiting for signals of reversal whereby we will then execute the trade
AUDCAD Long Setup with 1:2 R:R RatioIt can be a QM pattern so you have 2 entry point, take profit area in the strongest 1D resistance.
AUDCAD: Potential downsidesHey traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.898 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDCADIn AUDCAD after market test its strong resistance trendline at 0.91059 price drop to 0.90930 after the market open if price break market structure 0.90830 than you go for short position and exit on the coming support which i draw in the charts. if price come back and push to upside than wait for the trendline resistance again test if you see again some strong bearish candles than you go short with very good R:R.
ENTRY SHORT 0.90808 AND 2ND 0.91049
TAKE PROFIT 0.90561
TAKE PROFIT 0.9030
STOP LOSS 0.91171
AUDCAD, More upside movement (250+) Hello Traders,
AUDCAD is been moving within a HTF Reversal Structure since May and we have finally seen a breakout which we are now looking for a Bullish Continuation to complete that will bring the price even higher. My target range is near the 92.6 level.
Trade Safe
Thanks
AUDCAD Important 1D MA200 test. Low risk trades around it.The AUDCAD pair has been on a strong rise since the July 13 Low on the 1 year Lower Lows zone. That was a buy signal that we posted exactly a month ago:
The rebound has now reached the critical 1D MA200 (orange trend-line), which has been the Resistance in the past 3 months. The last Lower Low on January 28 2022, had a rally that did break above the 1D MA200 and only stopped (and got rejected) on the 1W MA300 (red trend-line). With the 1W RSI being on a rebound following its contact with its long-term Buy Zone, this is quite likely to happen again.
As a result, a low risk trading approach right now is to buy only if we close above the 1D MA200 and target just before the price hits the 1W MA300. Until the break-out happens, we can take a short-term sell, targeting the 1D MA50 (blue trend-line).
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AUDCAD: Potential swing opportunityHey traders, in today's trading session we are monitoring AUDCAD for a long term selling opportunity around 0.911 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDCADLooking at a potential short here.
1) Price at resistance. Main down trendline
2) Rising wedge - bearish signal
3) Divergence
AUDCAD Short opportunityHey traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.894 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUD/CAD:DOWNTREND | PRICE ACTION ANALYSIS | SHORT SETUP 🔔Ok, here the price seems to follow a simple Fibo pattern with a rebound on the important levels like in the past, in this scenario we can see again price react to the 50% Fibo and 0.8950 price level.
The Ichimoku cloud continues to give a Bearish forecast and our Idea is about a new drop definitely. What do you think about it?
AUDCAD Swing opportunityHey traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.895 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDCAD Potential downsidesHey traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.894 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDCAD - Perhaps W bottomAUDCAD - Perhaps W bottom!
Break above those key resistance areas, further bullish momentum should continue further.
aud cad is gonna upit will rise by short time .........................................................
AUDCAD Testing the 1 year Support Zone!The AUDCAD pair dropped sharply yesterday, negating the gains of the past 5 days combined. In doing so, it touched again the Lower Lows zone trend-line that started after the July 30 2021 Low and has been supporting with rebounds ever since.
With the 1W RSI well within its own Buy Zone since July 01, this is a solid buy opportunity at least on the short-term towards the 1D MA50 (blue trend-line). A break above can see a buying extension to the 1D MA200 (orange trend-line). Long-term buy positions can only be taken after a weekly candle closing above the 1D MA200.
On the other hand, a break below the Lower Lows can be taken advantage with a sell hedge short-term, targeting the -0.5 Fibonacci extension.
Previous AUDCAD signal:
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AUDCAD: CAD Data coming tomorrow and potential downsidesHey traders. in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.893 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe. Joe.
