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Audcadshort

Possible 4R Short AUDCAD 01 Nov, 2021From my daily chart, note the S/R levels (zones) at 0.9340 and 0.9115. The preceding trend was bearish after which this pair has been moving in a sideways manner. When this happens, the higher probability is for the bearish price action to continue. We are quite close to the top of this consolidation zone thus providing the opportunity for a high R/R trade opportunity. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management in all your trades.
Short
by Trading_Vista
2
AUD/CAD:DOWNTREND | PRICE ACTION ANALYSIS | SHORT SETUP ACTIVE..Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
13
AUD/CAD:DOWNTREND|FLAT MARKET| SHORT SETUP 🔔The Bank of Canada is holding its monetary policy meeting next week, and inflation indicators support the hawkish attitude of the central bank. Recall that markets are now pricing in a rate hike in April. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
by FOREXN1
3
Wait for a buying opportunity with AUDCADH4 time frame. Structure: Downtrend. After the price down to the support level of 0.91000, a double bottom pattern and divergence signal appeared. Wait for the price increase to break the Key level at 0.92000 and have a confirmation move, then you can find buying opportunities. The profit target is the 0.92700 zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
AUD/CAD: Price continue to falling like predict..waiting target.Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
2
MM's Daily Technical Analysis -- SHORT AUDCADHi traders, Last week Friday AUDCAD broke through 0.9110 resistance level and has shown a clear A-B-C pattern which indicates a potential downward movement in the near future. It is highly likely that we can witness some bounce back in today and the coming few days but mid-term wise speaking we still expect expect AUDCAD to fall to levels like 0.90 / 0.89. My own trading system CLAM has also given a short signal thus a trading idea has now been established to go short on AUDCAD. OP: 0.91275 SL: 0.92025 TP:0.89200, trade is now alive. ----------------------------------------------- l share my trading ideas on FX/METALS/STOCKS on a daily basis and if you enjoy the idea or have anything about trading you would like to discuss, please like/follow/leave a comment, many thanks.
Short
by IceColdMoneyMaker
AUD/CAD Analysis, Bear Claw is in Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The AUD/CAD has started what seems to be a Bearish movement back in September and it doesn't look it's going to stop any time soon. The pair is had a small push-up 2 days ago that let people think that the market is stabilizing but today's session started Bearish with a 0.5% drop already. Technical Analysis with possible Scenarios for the market : Scenario 1 : It seems like the market broke the first support line located at 0.91760 today, And the Bears are in control over the market right now and they will increase what power they have to drop the market even more. The first stop will be the support line at 0.91560 where they might have a small push back from the Bulls but most likely the victory will be on the Bears side, Which will lead to a further drop that will reach the 0.91000 zone Scenario 2 : The Bulls are trying to gain control over the market but so far with no luck, If they were able to gain some control it will probably push the price to the first resistance line located at 0.91970 where a big battle will happen and the Bears will go in to take control over the market and continue this Bearish movement, The first stop after this happens will be the second support at 0.91560 and then the 0.91000 zone Technical indicators show : 1) The market is below the 5 10 20 50 100 and 200 MA and EMA (Strong Bearish Sign) 2) The ADX is at 16.11 showing that the market is not trending much right now and that it's having a Negative crossover between DI+ and DI- 3) The RSI is at 39.16 Showing Weakness in the market, with no divergence found between the indicator and the market Daily Support & Resistance points : support Resistance 1) 0.9176 1) 0.9197 2) 0.9166 2) 0.9206 3) 0.9156 3) 0.9217 Weekly Support & Resistance points : support Resistance 1) 0.9139 1) 0.9218 2) 0.9100 2) 0.9258 3) 0.9060 3) 0.9297 Fundamental point of view : The Australian Current Account Balance for the fourth quarter was reported at A$14.5B. Economists predicted a figure of A$13.1B. Forex traders can compare this to the Australian Current Account Balance for the third quarter, reported at A$10.0B. Australian Net Exports of GDP for the fourth quarter decreased by 0.1% quarterly. Economists predicted a decrease of 0.3% quarterly. Forex traders can compare this to Australian Net Exports of GDP for the third quarter, which decreased by 1.9% quarterly. The Canadian GDP for December is predicted to increase by 0.3% monthly and for the fourth quarter by 7.5% annualized. Forex traders can compare this to the Canadian GDP for November, which increased by 0.7% monthly, and to third-quarter GDP, which increased by 40.5% annualized. The forecast for the AUD/CAD remains bearish after price action failed to sustain its upward movement towards the psychological resistance level of 1.0000. According to Paxforex This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
Short
by GabiDahduh
1
AUDCAD Setting Up for a 1,000 Pip Move?Hey hey. My name is Kaci. In this video, I complete a top down analysis of AUDCAD. I take a bird's eye view of the longer term move in the market. In this video, I use fibonacci retracement and extension tool to help me determine my bias. Right now, I believe we are in a down retracement and price on the weekly has not hit one of our key levels, 38.2, 50. or 61.8. However, price has hit an extension to the downside off of a shallow retracement. I believe we may see a short term move to the upside before a longer term move to the downside. What's your bias on this pair?
Short
by justagirllearningtotrade
1