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Audcadshort

AUDCAD 4Hr short Overview: Long Trade currently in play for Target 0.94720 as described in attached link: However, reversal/ pull-back is likely starting from current price through 0.93556 for target 0.91474-- Therefore confirm reversal cues at 0.93556 prior executing short entry or closing Long position. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.
Short
by legacyliked
RE : AUD CAD - Why i am looking for Sells?Weekly Perspective From the Monthly timeframe, Price has given us a Monthly W-Pattern and is very close to the Supply Zone on the weekly timeframe that broke structure on the left to the downside. While Price is on the way to the weekly supply zone , We are looking at getting into Sell positions as soon as our Entry requirements are met inside the Weekly Supply Zone and hold the position to the monthly Neckline Follow for more Updates
Short
by CharlesUgo-CordFx
AUD CAD - Why i am looking for Sells?#AUDCAD Analysis for the month from 6th March, 2022 From the Monthly timeframe, Price has given us a Monthly W-Pattern and is very close to the Supply Zone on the weekly timeframe that broke structure on the left to the downside. While Price is on the way to the weekly supply zone, We are looking at getting into Sell positions as soon as our Entry requirements are met inside the Weekly Supply Zone and hold the position to the monthly Neckline - Follow for more updates #forex #fxtrader #Cordfx
Short
by CharlesUgo-CordFx
AUDCAD SHORTS 📉📉📉📈 Expecting bullish price action on EURJPY as price takes out sell stop liquidity where a lot of retail stops where, also price takes out liquidith below the psychological area 128.000 and closed above with a high bullish momentum on H4, i see a retracement on the JPY INDEX meaning JPY should go down and EJ would go up. RSI/Stochastich Indicator are below 20 area meaning a reversal should occur because price is oversold from a mathematical standpoint. What do you think ?
Short
by AnonimFXRO
3
AUDCAD - Our Forex Trade TodayCAD could be on the up rise for 2 main reasons: 1. Oil prices are sky-rocketing and the Canadian dollar is co-rellated to Oil. Oil up, CAD also Up 2. Rate Hike is inbound. The Bank of Canada’s First Rate Hike Since 2018 Expected This Week. The Bank of Canada is widely expected to increase its overnight target rate on Wednesday morning. Despite the market uncertainty unleashed by the current geopolitical crisis in Ukraine, the Bank’s hands appear to be tied given the headline inflation in January soared to a 30-year high of 5.1%. The target rate, upon which prime rate and variable-rate mortgages are priced, has been at 0.25% since March 2020, when the Bank cut rates at an emergency meeting at the start of the pandemic. Here’s a look at what some economists and analysts are saying in the lead-up to one of the most highly anticipated Bank of Canada meetings in years. So, we are Long on Canadian dollar for valid, Fundamental Reasons but why AUD on the other side of the pair and not EUR(that was our second option) on Turkish Lira or Russian ruble for example? The answer is in the chart. Price is offering us a nice technical entry level and we are taking it. One Love, the FXPROFESSOR
Short
by FX_Professor
2