Audcadforecast
AUDCAD H&S AnalysisCAD bulls are still working to break below the neckline. A retest of the right shoulder is appropriate not necessary.
DOWNTREND IN AUDCAD - 4H CHARTHey Guys,
We may have Blue or Red:
Blue: More downtrend.
Red: One more up and then have an ABC correction to sell.
Watch for these moves!
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Hola Chicos,
Tendremos camino Azul o Rojo:
Azul: Continuación de la tendencia.
Rojo: Un movimiento más arriba para hacer una corrección ABC y después caer.
Estad al tanto!
Carlos
AUDCAD D TECHNICAL ANALYSISFIRST LONG & LATER SHORT.
80 PIPS UP & 100 PIPS DOWN.
We buy this pair at current level and book profits +80. Once the price reached 1.0350, we sell it and book profit @ 1.0150
We will share further analysis on lower time frame charts to elaborate the idea.
AUDCAD a possible AB=CD trade!As you see guys, looks like AUDCAD making an AB=CD that may complete at major resistance zone. Looking for a possible down move at that level.
AUDCAD approaching strong resistance. Currently retracing from 1.07 on 18/03/13
This pair has touched the 23.6 retrace twice since 14/04/2014.
Both times it has failed to break.
A clear rejection sign at this point (hopefully around the start of April), will be an excellent short opportunity till at least 1.0125.
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)
AUDCAD 4H TECHNICAL ANALYSISTake Entry @ 1.00148
Take Profit @ 1.00904
Stop Loss @ 0.98637
Best of Luck !!
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 Good AUD numbersAUD came out strong with Building Approvals m/m and Trade Balance. CAD is not releasing some game changing numbers today, so a little chance to make a bit more profit for the weak on this pair. Keep an eye on the round numbers. Also be ready to scale or go completely out at 1.00520.
AUDCAD SHORT - 5th Impulseshort AUDCAD now guys, pair is now following the 5th impulse wave . take your short positions till the provided targets thanks
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.
AUDCAD SELL OPPORTUNITY 100 PIPS !SO MANY BREAKOUTS JUST APPROVING THE DOWNTREND HAS BEGUN SO I AM OPENING A SELL ORDER AND TP @0.95600 THAT IS AROUND 100 PIPS FREE FOR YOU GUYS BUT ALWAYS TRADE WITH CARE AND USE RISK MANAGMENT!
Aud/Cad daily short but for how long? (Feedback appreciated)Down till the 0.9622 level which can hold as support for a potential reversal or keep heading down to 0.938.
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
AUD/CAD, DAY CHART, SHORT (11-DEC-2016)Note: Is is a TURN Setup or Reversal Trade
The trend now turn to BEARISH
There are 2 ways to short this pair
1. If the price break the support zone around 0.979x strongly,
wait for pullback to the support zone and SHORT
2. If the price bounce back from support zone around 0.979x
Wait it touch the 20-EMA and short when a bearish signal appeared :)
Fundamentally, if Crude price continue the strength, CAD will be stronger and able to push this pair further down.
On Thursday, need to pay attention on AUD employment data :)
If will be a R/R ratio of 1:1 for TP1 and 1:2.5 for TP2
Trade with right risk management and psychology skill :)
Yes! You got it right about Audcad, Follow the chart for setupThe overall aspect of this structure looks like a megaphone. We could say, there is a horizontal bottom formation. The formation already touched two minor highs and two minor lows. The volume of the formation, which is almost a "U" shape supports the idea.
1) A premature pullback can happen to the level of 0.618 for a very short-term buy
2) If it breaks the horizontal trendline downwards, then wait for a pullback, flag or such short-term formation to continue selling.
3) I will update the chart day-by-day, if possible
Follow the chart and never forget to click the like button.
Trade with care and you are responsible for your trading.
Thank you.
