AUDCAD analysis. Hello traders, AUDCAD analysis. Wait for buying opportunities from the support areas. Good luck
Audcad1hr
AUDCADThe previous bullish drive and price resistance against supply from the area supported by the cloud and moving average could provide the potential for renewed growth.
AUDCAD Idea H1Here is my view for AUDCAD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Short ScenarioMarket is in overall downtrend, but in 1h timeframe market started a correction upwards and broke corrections structure downwards, now we are waiting for a price fall till POC level.
Entry: 0.89949 (Point of structure break)
Invalidation: 0.90140
Target: 0.89491 (POC)
AUDCAD | H1 |📈1) Heiken Ashi candle “closed” with no wick. 2) Gold line is above dotted line. 3) Green line is over red line | Stop-loss: Placed “just below” candle that just “closed” with no wick | Move stop-loss to “just below” each new Heiken Ashi candle that “closes” with no wick | Do not move stop-loss if Heiken Ashi candle(s) “closes” with a wick (of any size) | Close trade before market close Friday
AUDCAD Technical Analysis H1
Welcome back Traders, Investors, and Community!
Hi Traders, AUDCAD on H1 has been making HHs and HLs. It also has broken above the Resistance line and retested it. Before going up it might go to around 0.93150 and then goes higher to 0.93470
⬆️Buy now or Buy at 0.93150
⭕️SL @ 0.93084
✅TP1 @ 0.93470
✅TP2 @ 0.93765
✅TP3 @ 0.93937
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
Bearish Divergence-Divergence is a signal of a possible trend change.
-A descending triangle which means a continuation to the downside.
AUD/CAD LONG SET UP ON 1HR TFBUY AUD/CAD
Market execution
Entry 1 0.88480
buy limit
Entry 2 0.88380
Sl 0.88237
Tp.1 .88680
Tp.2 0.88980
Tp.3 0.89280
AUDCAD potential short positionsthe economic data related to CAD pairs are in support for Positive CAD pairs.
Sell at 0.95965
take profit at 0.95263
AUDCAD - 100 Pips Short PossibilityAUDCAD. AUD has not fallen against CAD while it has fallen against other currencies.
It is currently weak. We can expect a short sell 100 more pips if the 0.97 level stays unbroken.
*Let the 4H candle close and if it closes with a tick at least half the size of its body then we're good for a sell.
Happy trading.
AUD/CAD 1H Chart: Channel DownAUD/CAD 1H Chart: Channel Down
The Australian Dollar is losing value against the Canadian Dollar in a short-term descending channel that staretd to form after a 39-pip depreciation of the Aussie last week.
At the moment, the currency exchange rate is squeezed between the weekly S1 at 0.9941 and the monthly PP at 0.9930.
Nevertheless it is expected to resume the fall, as the breakout to the northern side most probably will be neturalized by the 55-, 100- and 200-hour SMAs.
The souther side, in turn, lacks any barriers up until the weekly S2, which is located at the 0.9901 level.
Go Long on AUDCAD Longterm Based on 1H, 4H + 1D ChartsSorry this is one I forgot to add in this morning, I've already entered on AUDCAD but there is an opportunity arising to jump in soon.
30M has completed a Bullish Golden Crossover (EMA50 Above EMA200) and we are seeing the 1H chart is now preparing to cross over.
Price broke out of the short term bearish downtrend above the trend line and heading towards first TP @ 1.01018.
Looks like price will pull back to a previous support and I'm hoping for a bounce from around 1.00668 making a good entry for anyone looking to jump in on this trade.
Have moved Stop Loss up to now 1.00094
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Aud Cad, a potential breakout patternI believe that trading success relies heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. A consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be continuation or reversal.
It requires attention and care. Rather than turning out to be a factory of producing signals, it is better to sit down and look for a setup. Setups are important because we are planning a trade and execute them on time. If you fail to plan a setup, then you are planning to fail.
Another advantage of trade setup is that we know where to get out and the right time to go in. Know the market. Study the price movements and make your trades.
My charts use price movements, patterns, structures and indicators such as moving averages and oscillators. Trading intelligence is combining multiple knowledge to produce a favourable trade setups and plans.
Audcad Money Trade!!This is The Best Setup Ever. C leg is extremely streched shows bearish pressure.Any short trade cannot be better than this one.
Best of luck Muze (aud/cad)
Forecast AUDCAD: limited move down, then move upThis week we have important data from AUD (interest rate decision) on Tuesday, followed by important data from CAD later that day.
Forecast is a stronger AUD. First false move lower on unchanged interest rate decision, then move higher on CAD data.
Alternative view: charts.mql5.com
AUDCAD short term positionlooking for a retrace back up to the 50ema (red) and a retest of the 50 ema and trend line and a fail. Once it fails and begins to head back down to the lower trend line a sell position can be taken.
AUDCAD short term positionMarket price is approaching a resistance level and momentum is reaching a resistance level as well. As long as market price stays below 1.007 and momentum stays below .004 area this is a safe trade. If momentum breaks above the resistance level I have in place the trade would no longer be safe and should be possibly closed as it could open up room for a bullish move.
AUD/CAD Trade Opportunity There should be an opportunity here for a buy or sell depending on what happens with the price action.
If price closes above the dark blue resistance line, I would expect price to go up to at least around the .97900 area. To take the safest trade, wait for a re-test of the resistance line (which would be support at a re-test).
If price closes below the upward trendline, I would expect price to continue down to at least the .97000 area. To take the safest trade, wait for a re-test of the trend line.
As always on my charts:
Red Lines - Monthly Support & Resistance
Orange Lines - Weekly Support & Resistance
Yellow Lines - Daily Support & Resistance
Dark Blue Lines - Support & Resistance Area I'm currently looking at (in this case 1 hr.)
AUDCAD @ 1h @ week of decisions (50th week`16)A week of decissions stays ahead this week (50th week`16) ...
1.03975 start of extended downside trendline (november`16)
1.00947 end of extended downside trendline (november`16)
This could be an usefully long/short decission helper!
0.99394 1st high this month (december`16)
0.98427 1st low this month (december`16)
0.98439 1st test of this month low (december`16)
An OutBreak to the Up/Down Side could be also an usefully long/short decission helper!
0.97291 temporarly summer low 2016 (july`16)
0.97537 temporarly summer low 2016 (august`16)
Will both summer lows be usefully support lines? Or will they broken through?
If AUDCAD will break down (<0.97291), then are only last year lows next support lines ?
0.91754 yearly low 2013
0.93979 yearly low 2014
0.91513 yearly low 2015
0.93266 yearly low 2016
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
