7# Swing Trade Idea2025Break and retest of the area of interest (AOI) has now given us a buying opportunity
AUDCAD trade ideas
AUD/CADInto Daily higher timeframe resistance.
Entry on 1 hour and take profit is 1 hour 100ma, so will move up over time.
Sell AUDCADNow would be a great time to short AUDCAD. Price beginning to fall. I anticipate a strong bearish move towards 0.892. Buckle up, this is going to be a long ride. Stop losses above 0.8933
AUDCAD Bullish Setup: 0.618 Fib Buy ZoneAUDCAD is trending bullish on the 1-hour timeframe, moving steadily within an ascending channel. No significant bearish divergence is observed, indicating potential for further upward momentum. A buy opportunity may emerge at the 0.618 Fibonacci retracement level.
AudCad should follow the trend.Looking for Impulse Down.
AudCad now at Daily FVG area. I am expecting it will follow down trend to take lower liquidity. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
AUDCAD is risingAUDCAD was in downtrend know price is making higher high and higher lows which indicates bullish momentum, currently price has taken a correction on one hour time frame and showing bullish momentum good oportinuity for buying at current levels
Potential bearish drop?AUD/CAD has reacted off the pivot and could drop to the 1st support which is a pullback support.
Pivot: 0.90122
1st Support: 0.8940
1st Resistance: 0.90764
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish drop?AUD/CAD has reacted off the pivot and could drop to the 50% Fibonacci support.
Pivot: 0.90122
1st Support: 0.89401
1st Resistance: 0.90764
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUD/CADPredicting that a bearish is happening. Currently, AUDUSD is reversing. It have hit the previous turnaround points.
ICT/SMC Analysis AUDCAD Going BearishICT/SMC Analysis AUDCAD Going Bearish Failed to Close Above POI and Strong Swing..confirm entries on lowertimeframes
AUDCAD Will Fall!
HI,Traders !
AUD-CAD made a retest
Of the horizontal resistance
Level of 0.90051 and we are
Already seeing a local
Bearish reaction so
We will be expecting a
Further move down!
Comment and subscribe to help us grow!
AUDCAD - Bearish Channel FX:AUDCAD is currently trading at the top of a bearish channel at 0.786 from the last lower high. I am expecting bearish trend to continue and for price to respect the bearish channel!
AUDCAD BAT PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
AUDCAD POISED FOR A SELLI’m looking at price sweeping liquidity ($$$)to the upside and begin the downtrend. Possible TP indicated.
AUDCAD WEEKLY CANAL to TARGET 0,8850AUDCAD continue to down in exact downside canal to Target 0,8850
After touch this price - will strong Impulse to BUYers UP .... and Canal will disrupt and price will go UP.
AUDCAD Possible Bearish MoveDaily is in a downtrend, breaking previous support on the daily and also formed a strong resistance zone on the 4hr. Price retracing to the supply zone on the 4hr for a possible bearish continuation.
Risk Management Very Important.
ICT/SMC Analysis AUDCAD AUDCAD Daily External Bullish, Weekly Bullish, Strong D External Liquidity Swept with Rejection From Daily Order Block, Waiting for Daily Internal to Shift Bullish to look for Entries to target Premium PD Array's and Weak External Swing
AUDCAD BUY short term1 Month immediate PA is bullish
1 Week swing bullish, Price at weekly OB
Expect continuation or strong price movement from there
Daily swing is bullish; price is at daily OB
Expectation - continuation or strong buy momentum
Daily internal is bearish though
Price is at daily internal supply zone
4 Hour swing is bearish
Internal is bullish
We can anticipate m15 mss to suggest 4 Hr continuation
But M15 immediate PA is bullish till otherwise
Looking to scalp the M15 price action
AUDCAD The Target Is DOWN! SELL!
My dear followers,
This is my opinion on the AUDCAD next move:
The asset is approaching an important pivot point 0.8957
Bias - Bearish
Safe Stop Loss - 0.8980
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8922
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
———————————
WISH YOU ALL LUCK
AUDCAD Wave Analysis 17 January 2025
- AUDCAD reversed from support zone
- Likely to rise to resistance level 0.9000
AUDCAD currency pair continues to rise inside the minor impulse wave 1, which started earlier from the support zone located between the key support level 0.8860 (former multi month low from April) and the lower daily Bollinger Band.
The active impulse wave 1 belongs to the higher order impulse waves (1) and 1, which started from the same support area.
AUDCAD currency pair can be expected to rise to the next resistance level 0.9000, former strong support from December coinciding with the daily down channel from September.
AUDCADThe Canadian Consumer Price Index (CPI) for December is scheduled to be released on January 21, 2025 This data will provide insights into the inflation rate in Canada, giving investors and economists a better understanding of the country's economic performance. The CPI measures the change in prices of a basket of goods and services, and it's an important indicator of inflation
Now, let's dive into how the CPI data print can impact Canadian currency trading directional bias. The CPI is a key indicator of inflation, which plays a significant role in shaping monetary policy decisions.
- Inflation Rate: A higher-than-expected CPI can lead to a stronger Canadian dollar (CAD), as it may indicate a potential interest rate hike by the Bank of Canada to curb inflation. Conversely, a lower-than-expected CPI can weaken the CAD
- Monetary Policy Implications: The Bank of Canada closely monitors the CPI to determine whether to adjust interest rates. An interest rate hike can attract foreign investors, causing the CAD to appreciate, while a rate cut can lead to depreciation
- Investor Perception and Confidence: A stable inflation rate, close to the central bank's target, can boost investor confidence in the CAD. However, uncontrolled inflation or deflation can deter investors, leading to reduced demand for the CAD and its subsequent depreciation .
Great A plus trade What a great price action The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped.
The loonie was trading 0.3% lower at C$1.438 to the greenback, or 69.54 U.S. cents, after trading in a range of 1.4323 to 1.4393.
Canadian government 10-year bond yields fell 0.1 basis points to 3.418%. The yield on similar U.S. government benchmark debt rose to 4.6695%.
U.S. February crude futures fell 14 cents to $79.9 a barrel on Thursday.
Canadian housing starts in December fell more than expected to 231,500 units from a revised 267,100 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said.
