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Audcadanalysis

DeGRAM | AUDCAD trend continuation oppportunityAUDCAD is pulling back to the confluence level: the fibo 61.8% golden zone and resistance level. The market is making low lows and higher low, indicating a sideways move on the 4-hourly chart, but on the D chart, the trend is bearish. Price action is likely to move down from the kill zone since we have a bearish market. We expect a trend continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
9
AUDCAD-WEEKLY ANALYSIS-24/09/2023Traders, this week, we're focusing on the Australian Dollar/Canadian Dollar (AUD/CAD) pair, but be prepared for potential volatility as it can exhibit mixed movements. However, considering the market structure, we anticipate a significant upward movement to facilitate this, keep an eye on the 4-hour timeframe for favorable entry points. After this upward move, it's possible that the pair will experience a subsequent drop. Be attentive to price action and market indicators to gauge when this shift might occur. Stay vigilant, remain focused, and adapt your trading strategy accordingly. Ensure you stay updated with economic news and indicators that could impact the AUD/CAD pair. Always remember the importance of risk management and having a well-defined trading plan.
by Dion-FX
AUDCAD Long Term BUYING Trading IdeaHello Traders In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (AUDCAD market update) 🟢What is The Next Opportunity on AUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
DeGRAM | AUDCAD confluence level and fibo clusterAUDCAD created confluence zone and fibo cluster level. The market has reacted multiple times to this level before. Price action is making lower lows and lower closes.  It broke and closed below 0.87000, which perfectly lines up with the 50% fibo retracement level. We expect a bearish move since the major trend is bearish. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
2
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
AUDCAD Long Term BUYING Trading IdeaHello Traders In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (AUDCAD market update) 🟢What is The Next Opportunity on AUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
1
AUDCAD Long Term selling Trading IdeaHello Traders In This Chart AUDCAD HOURLY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (AUDCAD market update) 🟢What is The Next Opportunity on AUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Short
by ForexPlanet20
Potential bullish swingPrice started to decrease since the 0.90567 high and created a nice bearish channel. In this channel we acknowledged multiple breaks of market structure, the last break led to the 0.86000 low and price swiftly went bullish to the 0.87660 swing high which gives the idea of a change in market structure. Since the upward move created this minor divergence, price is anticipated to mitigate the demand zone and not make a liquidity sweep at 0.86252 to give us a bullish market. However, we should be wary of the current low and in this potential bullish swing, the ultimate target is 0.90303…
by tokelohomi
AUDCAD: Buyers back testing the trend. Today's focus: AUDCAD Pattern – Reversal Support – .8665 - .8625 Resistance – .8765 - .8790 • AUDCAD has posted four positive sessions in a row. • Could this be the start of a new longer rally or just a counter-trend? Hi, and thanks for checking out today’s analysis. Today, our focus is on the AUDCAD as price continues to rally after posting a failed low at an area of demand. Since that test, we have seen 1.09% added as buyers continue to drive a counter-rally. From here, we would like to see price maintain its buyer momentum. If we do see a new retracement, we would like it to stay around the 50% point of the current rally. A move back to support could be a worry about buyer strength. A move back up to test or break resistance would be positive, but for any new tests, we want to see HL and HH breaks to show trend strength. It’s not the first time we have seen a pattern like this, so pattern of trend is rather important to tell us if this is actually anything more than a deep counter-trend. Have a great day and good trading.
Long
by Eightcap