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AUDCAD

AUDCAD One Low to go inside the Channel Down.The AUDCAD pair has been trading within a Channel Down since the February 09 High, having failed to achieve any 1D candle closing above the 1D MA50 (blue trend-line) since July 26. The current price action resembles the start of the Channel Down. Based on symmetry, we have one last Lower Low to achieve and then we should be expecting a rebound to test the 1D MA50. We will buy just below Support 2 (0.85915) and target 0.8700. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
AUDCAD Expected Growth! BUY! My dear friends, Please, find my technical outlook for AUDCAD below: The instrument tests an important psychological level 0.8637 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8684 Recommended Stop Loss - 0.8616 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
AUDCAD On The Rise! BUY! My dear friends, Please, find my technical outlook for AUDCAD below: The instrument tests an important psychological level 1.8667 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.9709 Recommended Stop Loss - 0.8643 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
AUDCAD Technical Analysis and Trade IdeaAnalyzing the AUDCAD currency pair, we observe a bearish shift in market structure evident on both the 4-hour (4H) and daily (1D) charts, characterized by a substantial downward movement. My focus lies on identifying a potential trade opportunity during the retracement phase, capitalising on the imbalances evident within the chart. I encourage you to watch the video for a detailed explanation, but please be mindful that the information provided is for educational purposes and should not be construed as financial advice or recommendations for trading decisions.
Short
by fxtraderanthony
2
BluetonaFX - AUDCAD LONG Trade IdeaHi Traders! There is bullish momentum forming on the AUDCAD 1D chart as the pair looks to possibly retest the resistance area. Price Action 📊 There are higher highs and higher lows above the trendline support, and a bullish momentum candle is forming to break above the 20 EMA. Looking for a momentum break and a close above the 20 EMA for possible long entries to exit at the resistance area between 0.86668 and 0.88486 Fundamental Analysis 📰 The market's outlook on the AUD has been very positive this week, with a significant improvement in the employment situation in Australia. Support 📉 0.86668: SUPPORT TRENDLINE Resistance 📈 0.88198: FIRST RESISTANCE 0.88486: SECOND RESISTANCE Risk ⚠️ No more than 2% of your capital Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀, as your support greatly helps. Trade safely and responsibly. BluetonaFX
Long
by BluetonaFX
10
AUDCAD, Bulls to break upside (Long)The price suffered a major decline between 22nd February 2021 (0.99901) to 10th October 2022 (0.86040) and the market bulls took over to correct the price to 0.95489 on 23rd January 2023. Since then, price has been a decline for the past consecutive 8 months in a descending channel. Price is nearing a yearly trendline support level which the bulls are accumulated ready to take control at the 0.86241 support level. The market is ready for another major correction upwards. The news this week on AUD are not serious but on Thursday Tokyo session on employment change and unemployment rate. Keep an eye out for it. Support: 0.86241 Resistance: 0.87484 TP1 0.88216 TP2 0.88938 TP3
by AbeikuGlobal_FX
1
AUDCAD H4 | Bearish reaction off 38.2% fibo?Price is approaching our sell entry at 0.8736, which is an overlap resistance, aligning with the 38.2% fibo retracement and 78.6% fibo projection. Our stop loss is at 0.8786, which is a swing high resistance, slightly below the highs of the double top. Take profit is at 0.8685, which is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
3
AUDCAD - The AUD Is Look Especially Weak Recently!Analysis: Bearish Confluences Strong downwards trend Break below major support Retesting a previous key level 38.2% fib retracement level touched In a descending channel Downwards trendline touch AUD is the 2nd weakest major currency whereas the CAD is the 4th weakest major currency 14K short position increase for the AUD Recent AUD news has been bearish Bullish Confluences 3K long position increase for the AUD 1K long position decrease for the CAD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We appreciate any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Short
by jpeacockfx
25