Aussie/Cad update for FridayANALYSIS ON AUDCAD
Welcome to my analysis
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1HR CHart
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Interesting Point of interest In the AUDCAD pair.
- Price below 200 day EMA.
- look for buy signals.
- Expecting some more upward movement.
- Watch 0.90410 for take profit.
- MACD showing bullish divergence
Stay Tuned
Audcadforecast
AUDCAD potential reversal!
AUDCAD expected to rise up to 1st resistance at 0.90880 where it could potentially react off and drop down to 1st support at 0.90174.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD reversed from resistance, potential drop!
AUDCAD reversed off its resistance at 0.90880 where it could potentially drop further to 0.90174.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD approaching resistance, look out for potential reversal!
AUDCAD is approaching its resistance at 0.89935 where it is could reverse down to its support at 0.89375.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD approaching support, potential for a bounce!
AUDCAD is expected to drop to 1st support at 0.88801 where it could potentially react off and up to 1st resistance at 0.89492.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD approaching support, potential for a bounce!
AUDCAD is expected to drop to 1st support at 0.88971 where it could potentially react off and up to 1st resistance at 0.89436.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD approaching support, potential for a further rise!
AUDCAD approaching support at 0.89297 where it could potentially rise further to 0.90266.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD potential reversal!AUDCAD expected to rise up to 1st resistance at 0.90266 where it could potentially react off and drop down to 1st support at 0.89297.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.89113 where it could potentially rise further to 0.90266.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.89447 where it could potentially rise further to 0.90264.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD to climb from upside confirmation, potential bounce!
AUDCAD to climb from its upside confirmation at 0.89650 where it could potentially bounce further to 0.90500.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD reversed from resistance, potential drop!
AUDCAD reversed off its resistance at 0.90325 where it could potentially drop further to 0.89040.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.