Audcadforecast
AUDCAD looking for supportBased on the recent performance of the CAD, and the weaknesses showed up on the AUD, we see a short term downtrend to touch the support
AUDCAD - LONG; LongtermHere the upward sloping channel is indicative of the relative and ever increasing deterioration of the Royal Bank of Canada's balance sheet relative that of the Royal Bank of Australia's. - A significant and still increasing fiscal power versus new debt issuance capacity, advantage RBA. This unlikely to change anytime soon - i.e. for years if not more. Naturally this relationship remains entirely dependent on China's economic status, at any give time.
AUDCAD shortEntry Sell-Stop , 0.95450
Stop-Loss, 0.95750
Target
R1, 0.95150
R2, 0.94850
R3, 0.94550
SL-30pips
Risk1%
AUDCAD Preparation!!! SHORT
Entry Sell-Stop , 0.95450
Stop-Loss, 0.95750
Target
R1, 0.95150
R2, 0.94850
R3, 0.94550
SL-30pips
Risk1%
AUDCAD Long Setup price break the resistance and flipped the resistance to support
1% is risky trade not good R:R so keep you position lower
Good entry : 0.94350
Stop : 0.93
Stop : 0.9450 , 0.948 , 0.95 ,0.955
AUDCAD / SHORTPrice has pulled back to the trendline / resistance level, now we are looking to short
AUDCAD It will go to the rising trend line +180 PipsWelcome Back.
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It may head to the downside to retest the rising trend line, in case the trend is not broken, it will head to the upside and greater resistance will form than the previous one.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
AUDCAD - SHORTAUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9410 and the downward trend line just below that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. We saw it test the 0.9347 fibbo support a few days ago and have since bounced. I remain a seller of the rallies as I feel that the market is trading a blue wave at the moment and therefore and change of view no matter how big or small, will cause a risk off mood and this trade should come into play. I have opened a short at 0.9360, SL 0.940 (on the close) and finally a TP 1: 0.9347 TP2: 0.9303.
AUDCAD - SHORTAUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9409 and the downward trend line just above that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. We saw it test the 0.9347 fibbo support yesterday and have since bounced. I remain a seller of the rally's. I have opened a short at 0.9380, SL 0.9420 (on the close) and finally a TP 1: 0.9347 TP2: 0.9303.
AUDCAD BUY- Touch of supply zone, expected move upwards to fill the demand zone
- Uptrend formed, failing to break below to the next demand zone
- Target placed at the demand zone
- Stop loss placed below the supply zone.
AUD/CAD Daytrade-execution!! SHORTAUD/CAD Daytrade-execution!! SHORT
27/OCT
Market-Sell : 0.93930
Stop-loss : Close Break 0.94240
Target : 0.92100
note :
Our chart is simple as possible to make it easier for you to see the chart.
- This is an execution signal. you can enter the market now
Good luck 👍
AUDCAD ideia-The ideia here is to wait for a pullback into the 50% fib area in the 1h candle (around 0.93070). At that point, we can enter in a long position with at takeprofit at 0.9415 and SL 0.92795.
-Since it will probabliy take a few hours, we can leave a buy limit around 0.93070
- For the more conservative people, you can wait for a confirmation candle.
(Analysing the 1d, 4h and 1h candle)
AUDCAD exhibits series of bearish signAUDCAD
Is gradually declining within a downward channel and we can see the slowing of bullish momentum around 0.96500 and started its downward journey. After some minor fall another rising channel was formed and its collapsed towards 0.94000 and managed to reach around 0.96000.
For the past two days its in uptrend as the CAD is relatively weak against AUD AUDCAD managed to reach around 0.93500 level.
I am expecting AUDCAD will fall from 0.94000 level and will reach the 0.92000 area which is a key psychological level and lower trend line area
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AUDCAD LONG in the short termAUDCAD is position at price @ 0.9634 for a bull run . This is a short term analysis.
Overall, we should expect a pullback of price around @ 0.9642 and 0.9651 and if the price closes below @ 0.9651 then our move will be short to the downside with target price @ 0.9524 and @ 0.9516
I am bullish until the price reaches @ 0.9642
Good Luck Traders.
AUDCAD LONG PRICE ACTION FORECAST A rejection from the demand zone can give some bullish momentum to this pair. The price has not managed to break the current level forming a new high. We could expect the price to break above testing the previous support level (dotted blue line), and after a pullback, a long entry could be set to the pattern neck.
The order:
Type: buy-limit
S/L: 18 pips - R:R | 1:4 -
T/P: previous confluence level
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AUDCAD - Weekly - SELL; This is now a Long-term (heavy!!) SHORT.Check for the SHORT Entry then ride it down hard, like a rented mule!
