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Aud-cad

AUDCAD Analysis I Bounce from DemandWelcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! **Price is re-testing previous demand from Dec. 21 and now due for correction on the daily after impulse move to the downside. Potential tp target 9025 zone, respectively. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
4
AUDCAD bearish continuation | 14th Jan 2022Price is abiding to the descending trendline resistance, signifying an overall bearish momentum. We can expect price to drop further from pivot level in line with 38.2% Fibonacci retracement towards potential take profit level in line with 127.2% Fibonacci projection and previous swing low. Our bearish bias is further supported by the stochastic indicator where the %K line is at the resistance level and Ichimoku cloud indicator acting as a resistance. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
AUDCAD should be continuing to go down..*************************************************************************************** Hello there! If you are keen to learn more on the technical setups,do visit my website at www.shadowingthebb.com ! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
AUDCAD - A pitstop before further fall? In our previous idea we predicted a drop after bouncing off the upper channel line, which we've seen the beginnings of. AUDCAD still appears bearish, but we are entering a Demand Zone that could create a bounce or choppiness, which might give those who didn't get short the chance to do so at a better price, if they also believe that price is likely to head toward the bottom of the channel, in line with the overall bearish trend on the higher timeframes. Those already short may choose to take some profit off the table to reduce risk, with a plan to re-enter at a better price.
Short
by HayeTrading
22
💡Don't miss the great buy opportunity in AUDCADTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9204). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 0.9248 TP2= @ 0.9273 TP3= @ 0.9301 TP4= @ 0.9331 TP5= @ 0.9351 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
4
💡Don't miss the great buy opportunity in AUDCADTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9204). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 0.9248 TP2= @ 0.9273 TP3= @ 0.9301 TP4= @ 0.9331 TP5= @ 0.9351 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
3
AUDCAD rejected at resistance and headed lower. Since it's multiyear high in Feb, AUDCAD created lower lows and lower highs in April and has continued bearish ever since with a string of consecutive lower highs and lower lows. We have 2 clearly defined and repeatedly respected trendlines headed lower, created a broadening descending channel. Price has has multiple attempts to break through this resistance since December 23rd and has failed, most recently with a tweezer top. Overall this looks like a great opportunity for a high R short with a stoploss above the trendline/tweezer high. This is not financial advice, you are responsible for your own trading decisions. *** LEAVE A LIKE AND FOLLOW IF YOU ENJOYED THE IDEA *** I will respond to any and all comments below
Short
by HayeTrading
AUDCAD bearish continuation | 29th Dec 2021Price is abiding to the descending trendline resistance on the daily, signifying a bearish momentum. We can expect price to drop from pivot level in line with previous swing highs and descending trendline resistance towards the take profit level in line with 23.6% Fibonacci retracement and 100% Fibonacci projection . Our bearish bias is further supported by the RSI indicator where it is abiding to the descending trendline resistance. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
AUDCAD bearish continuation | 29th Dec 2021 Price is abiding to the descending trendline resistance on the daily, signifying a bearish momentum. We can expect price to drop from pivot level in line with previous swing highs and descending trendline resistance towards the take profit level in line with 23.6% Fibonacci retracement and 100% Fibonacci projection. Our bearish bias is further supported by the RSI indicator where it is abiding to the descending trendline resistance. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
AUD CAD Short Idea AUDCAD has been in a decent uptrend for most of December, however, it has started to approach a key resistance level on the 4hr time frame. The key level mentioned is the 0.925 level which is the high of early November. The RSI indicators on the daily/4hr time frame show an overbought bias, coupled with the approach to the key level mentioned above leads me to think that the price will drop from here. The initial target of this trade is located at the 0.9175 area, following this then the next target lies at 0.9143. The stop-loss area for this trade is at the 0.93 level. A likely scenario that I'm looking for sells near to the 0.925 area.
Short
by Orion-Markets
AUDCAD bullish bounce! | 21 Dec 2021Prices are on bullish momentum and abiding to our ascending trendline. We see the potential for a bounce from our buy entry at 61.8% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 0.92309 in line with 100% Fibonacci extension. Technical indicators are showing potential for upside. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
AUDCAD bearish continuation | 17th Dec 2021Price is abiding to the descending trendline on the daily timeframe , signifying overall bearish momentum. We can expect price to push down further from the pivot level in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection towards take profit level in line with 127.2% Fibonacci projection and previous swing low. Our bearish bias is further supported by the stochastic indicator where the %K line dropped from the resistance level . Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
2
AUDCAD bearish continuation | 17th Dec 2021 Price is abiding to the descending trendline on the daily timeframe, signifying overall bearish momentum. We can expect price to push down further from the pivot level in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection towards take profit level in line with 127.2% Fibonacci projection and previous swing low. Our bearish bias is further supported by the stochastic indicator where the %K line dropped from the resistance level. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
1
AUDCAD is on bearish momentum! | 14th Dec 2021Prices are on bearish momentum and abiding to our bearish trendline. We see potential for a dip from our sell entry at 0.91310 in line with 200% Fibonacci projection, 50% Fibonacci retracement and 61.8% Fibonacci retracement towards our Take Profit at 0.90741 in line with 127.2% Fibonacci extension and 38.2% Fibonacci retracement. Technical indicators are showing bearish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
1
AUDCAD Bearish Continuation | 14th Dec 2021Price is abiding to the descending channel on the daily, signifying overall bearish momentum. We can expect price to drop from 1st Resistance in line with 50% Fibonacci retracement, 78.6% Fibonacci projection and graphical overlap resistance towards 1st Support in line with previous swing low and 100% Fibonacci projection. Our bearish bias is further supported by a stochastic indicator where the%K line is at the resistance level. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
AUDCAD Sell ideaAUDCAD is currently trading around the 0.91 regions after it found support in early December at the 0.897 level. This has been an increase of the price of about 1.5%, but it has been unable to push past the resistance zone of 0.913. On the 4hr time frame, the RSI indicators are currently in overbought levels of 95.3 which indicates that the buying pressure may have faded at this level. The initial target of trade is at the 0.906 level, proceeding this is the support area of 0.897 support area.
Short
by Orion-Markets