Get started

AUDCAD

AUDCAD Will Go Down! Sell! Here is our detailed technical review for AUDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.899. Considering the today's price action, probabilities will be high to see a movement to 0.895. P.S We determine oversold condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
4
This could be a Big OneAs an experienced trader, I've identified a significant trading opportunity that I'm eager to execute. My strategy involves a buy and hold approach, with a focus on minimizing risk and maximizing rewards. Rather than setting multiple targets, I prefer to extend my targets and remain flexible based on the market conditions and candlestick patterns that emerge. This comprehensive trading plan enables me to minimize the time I spend monitoring the markets, allowing me to focus on other important aspects of my work. With a keen eye for detail and a commitment to achieving my goals, I'm excited to see what the future holds for this trade.
Long
by RaynLim
📌 Potential SELL setup for: AUD/CAD👩🏽‍💻Technical: The AUDCAD is moving within a daily channel, which seems to show some selling power building up. On the 1-hour chart, there's an M pattern taking shape, but it's not confirmed yet since the neckline isn't fully broken. 🎯 For an ideal entry: I recommend patiently waiting for the price to demonstrate strong selling momentum by fully breaking the neckline. That way, you'll know the chart pattern is valid and ready to be entered. Otherwise, no entry.
Short
by fxtraderkristina
AUDCAD LongsI'm liking AUDCAD longs for a few reasons. Technical wise we have broken structure and we have a fib at the 61.8 from the swing high to swing low.. Looking at everything from a fundamental standpoint, there is a lot of optimism around the Aussie gaining strength from China reopenings, as well as a Hawkish RBA. Canada on the other hand has decided to pause rates and might continue to do so if the BoC see that inflation is starting to decelerate as well. This trade might take some time as most aussie pairs are slower but overall I like this trade.
Long
by EricDowdell
AUDCAD BREAKOUT AND REVERSALFor more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial. Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
Long
by traderchamp_
AUD/CAD Will Explode! BUY! My dear followers , Please, find my technical outlook for AUD/CAD below: The price is coiling around a solid key level - 0.90577 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Target - 0.91130 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
AUDCAD Is Going Up! Long! Take a look at our analysis for AUDCAD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.905. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.912 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
AUDCAD - Bullish Trend - 1H Time FrameBased on the chart, we can observe that it is showing higher highs (HHs) and higher lows (HLs), indicating a bullish trend. The Relative Strength Index (RSI) does not indicate any divergence currently. We will enter a long trade with a risk-to-reward ratio of 1:1. Our trade plan is as follows: Trade Long Buy Stop = 0.90807 Stop Loss = 0.90367 Lot Size = 0.25 Take Profit 1 = 0.91232 Take Profit 2 = 0.91676 Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
Long
by mansooryousafzai
AUDCAD - Bullish Trend - 1H Time FrameBased on the current price chart, it appears that the market is forming a bullish trend, as evidenced by the presence of higher highs (HHs) and higher lows (HLs). Additionally, there is currently no divergence showing on the Relative Strength Index (RSI). As a result of this analysis, we will take a long trade with a 1:1 risk/reward ratio. Trade Long Buy Stop = .90749 Stop Loss = 0.90188 Lot Size = 0.19 Take Profit 1 = 0.9131 Take Profit 2 = 0.91871 Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
Long
by mansooryousafzai