$AUD/CAD TD PRICE FLIP AT MIDAS R1 CRUVECanadian Dollar Currency Strength: Very Strong (positive order flow)
Aud_cad
AUD/CAD Triangle FormingA symmetrical triangle is forming as price consolidates around the .9875 area. Unemployment numbers released at 9:30ET USA may move price outside the triangle and define the start of a trend.
AUD/CAD: Short Prices broke KUMO as well as LS. Strong signal to sell the pair.
S1 and S2 as shown above.
Stop is placed on the extension of KS.
AUD/CADWatch this develop as a good opportunity could be presenting itself. Either we reverse after this most recent Bearish Butterfly completion or we go higher and complete the Bearish Crab. Either way I hope you take a position once a clear cut signal is shown. Good luck
Battle of the Commodity Currencies! Who will win?In the one corner is the currency of copper - the Aussie! In the opposing corner is the currency of oil - the Loonie! Who will win? Which force is stronger: the China slowdown or the oil glut? This race to the bottom can only have one winner!
Read the rest of the post at www.sealionllc.com
AUD/CAD seems coming correction Key suport area tested 3 times and now looking for to Buy after crossing 100MA on 5 TF. Pretty good TP and SL. It wont kick my ass since this is a low risk trade.
$AUDCAD bounce in descending triangleAUD/CAD continues to fall in a bullish descending triangle that will ultimately result in a sharp move to the upside for AUD/CAD. Within this triangle price is now moving against the trend toward the .97 support/resistance level where price should reverse and head lower. Look for resistance to hold and for the TSI to reverse below its signal lines.
