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Aud-cad

💡Don't miss the great buy opportunity in AUDCADTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.93150). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 51 Take Profits: TP1= @ 0.93470 TP2= @ 0.93765 TP3= @ 0.93937 TP4= @ 0.94095 TP5= @ 0.94306 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
10
AUDCAD facing bearish pressure, potential for further downside!Price is facing bearish pressure as it continues to hold below the descending trendline and Ichimoku cloud resistances, in line with our bearish bias. We could potentially see a reversal at 1st resistance, in line with 78.6% Fibonacci retracement, 100% Fibonacci extension, horizontal swing high resistance and descending trendline resistance, and further downside towards 1st support, in line with 61.8% Fibonacci extension and horizontal swing low support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub
1
AUD/CAD:PRICE ACTION+FUNDAMENTAL ANALYSIS|LONG VIEW SETUP 🔔The Preliminary Australian Manufacturing PMI for June was reported at 58.4. Forex traders can compare this to the Australian Manufacturing PMI for May, reported at 60.4. The Preliminary Australian Services PMI for June was reported at 56.0. Forex traders can compare this to the Australian Services PMI for May, reported at 58.0. The Preliminary Australian Composite PMI for June was reported at 56.1. Forex traders can compare this to the Australian Composite PMI for May, reported at 58.0. Canadian Retail Sales for April are predicted to decrease 5.0% monthly, and Canadian Core Retail are predicted to decrease 5.0% monthly. Forex traders can compare this to Canadian Retail Sales for March, which increased 3.6% monthly, and to Canadian Core Retail Sales, which increased 4.3% monthly. The forecast for the AUD/CAD turned bullish after this currency pair corrected into confirmed support Can bulls force the AUD/CAD into a reversal until it reaches its horizontal resistance area?
Long
by FOREXN1
1
AUDCAD Approaching Pivot, Potential For Reversal | 22 June 2021AUDJPY pushing higher, coming close to descending trendline resistance and 50% Fibonacci retracement. A short-term intraday drop below our entry at 0.93302 towards our take profit at 0.92616 could be possible. Our take profit is a strong confluence zone where we have a graphical swing low support and multiple key Fibonacci levels lining up. MACD is below 0 with no sign of divergence, showing room for further bearish momentum as well. 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
💡Don't miss the great buy opportunity in AUDCADTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9313). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 46. Take Profits: TP1= @ 0.9387 TP2= @ 0.9430 TP3= @ 0.9462 TP4= @ 0.9505 TP5= @ 0.9542 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
10
💡Don't miss the great buy opportunity in AUDCADTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9313). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 46. Take Profits: TP1= @ 0.9387 TP2= @ 0.9430 TP3= @ 0.9462 TP4= @ 0.9505 TP5= @ 0.9542 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
6
AUDCAD ready for a break? 🦐AUDCAD after trading inside a descending channel recently broke the upper trendline and starts a consolidation between a weekly support and a minor resistance. According to Plancton's strategy if the price will break above we will set a nice long order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Long
by InkyGrip
8
AUDCAD looking up 🦐AUDCAD after the attempt to break the weekly support close the last trading day of the week with an impulse to the upside. The market is moving inside a descending channel and recently broke the upper trendline. According to Plancton's strategy if the price will break above we will set a nice long order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Long
by InkyGrip
5
💡Don't miss the great buy opportunity in AUDCAD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9310). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 56. Take Profits: TP1= @ 0.9388 TP2= @ 0.9431 TP3= @ 0.9501 TP4= @ 0.9542 TP5= @ 0.9618 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
13
💡Don't miss the great buy opportunity in AUDCAD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.9310). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 57. Take Profits: TP1= @ 0.9388 TP2= @ 0.9431 TP3= @ 0.9501 TP4= @ 0.9542 TP5= @ 0.9618 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
4