AUDCAD Excellent Channel Down bottom opportunity.The AUDCAD pair has been trading within a long-term Channel Down since the January 26 2023 High and the recent Trade War fueled sell-off took the price almost on its bottom (Lower Lows trend-line).
The 1D RSI got vastly oversold at 14.00 and a bottom is to be expected within the next 2 weeks. Still, this level is low enough to be considered a solid long-term buy opportunity already. The previous bottom rebound targeted initially the 0.5 Fibonacci retracement level, so our target is 0.88850 on the medium-term.
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AUDCAD trade ideas
AUDCAD…When is enough, enough?!Good day traders, we back with another beautiful idea on AUDCAD but here we not focusing on buying and selling but rather to test a study I’m currently busy with, well in a nutshell I’m studying inside day candle stick pattern, currently on the 4hour TF we have a big bearish candle followed by a lot of small bullish candle sticks but all that trading is happening inside that one big 4 hour candle.
How I like to interpret this pattern in my years of back testing this pattern(still am)😂 inside day candles can be used as both a continuation or a reversal pattern but but depending on the market structure!! What price is doing currently on the 1hr TF I like to explain it to my friends as a beautiful lady who only wants your money 😂😂 because price is making traders believe that the reversal has started but truth is price is still gonna move lower the the liquidity resting below before moving higher to reverse the big move we saw last week and beginning of this current week.
We can expect price to take to low of Monday than shift structure higher to confirm our bias that price will reverse. Remember we study price and time not technical analysis.
Swing USDCHF trade idea 08/04/2025AUDCAD Analysis
AUDCAD has tapped and rejected its 3-quarter low of 0.85930, a level that’s held since April 2009. The 4H chart shows consolidation in a 50-pip range between 0.85930 and 0.85342.
We’re watching for a bullish 4H candle close above 0.85930 for safer entries. The safest confirmation comes above 0.87060, which would confirm a break of both a key level and bearish structure.
This setup has potential to evolve into a long-term swing with 700+ pips on the table if held. Trade patiently and wait for clean confirmations.
AUDCAD Buy Opportunity Based on EASY Trading AI SignalAUDCAD has just triggered a promising BUY signal from the EASY Trading AI model. Entering at 0.85218, our system projects growth towards the Take Profit target at 0.86586. The Stop Loss recommended by EASY Trading AI is set safely at 0.84197.This bullish scenario aligns with recent AUD strength due to stable commodities and improving economic data from Australia. Simultaneously, weakening oil prices are impacting CAD negatively, enhancing upward momentum for AUDCAD.Closely monitor price to ensure adherence to EASY Trading AI guidelines, capitalizing effectively on clear market signals presented.
AUDCAD: True Bullish Reversal?! 🇦🇺🇨🇦
AUDCAD formed a nice inverted head and shoulders pattern
after a test of a key historic support.
A bullish violation of its neckline with a strong bullish candle
provides a reliable confirmation.
I expect a correctional move at least to 0.8723
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AUDCAD Discretionary Analysis: Next stop? Rock bottomIt’s more of a sixth sense (like when you just know your girlfriend's about to cancel plans). AUDCAD’s giving off that "Next stop? Rock bottom" kind of energy. I see it dropping hard, like it missed the elevator and took the shaft instead. If I’m right, I’ll be looking at some solid trades to take. If I’m wrong, well, I’ll just grab a coffee and wait for the next pair to make its move.
Just my opinion, not financial advice.
AUD/CAD Weekly AnalysisWe can see a huge weekly candle (circa 500 pips) as sellers took price all the way down to sub 0.8600 last week.
Looking back over the years, 0.8600 has been a huge demand zone for this pair.
This may now lead to opportunities to buy on the smaller time frames.
This is just an idea of what may happen. You should always trade with a well tested and profitable trading strategy using good risk management.
AUD/CAD on the 1-hour timeframe AUD/CAD on the 1-hour timeframe, and here's a detailed analysis based on the current price action and key levels:
🔍 Market Structure & Price Action
The overall trend prior to the recent move is bearish, as shown by the consistent series of lower highs and lower lows.
Price dropped sharply, breaking through previous support levels, and has now tapped into a demand zone (support area) around 0.85500.
After touching this demand zone, bullish rejection wicks appeared, indicating buying interest and potential exhaustion of selling momentum.
🧱 Key Levels
Support Zone (Demand Area):
Around 0.85400 - 0.85600 (shaded in pink at the bottom). This area has held, showing buyers stepping in.
Resistance Zone (Supply Area):
Around 0.88400 - 0.88600 (shaded in pink at the top), which is a previous support turned resistance.
🔁 Possible Scenario (As Indicated by the Chart)
The red arrow shows a potential bullish reversal:
Price might make a small pullback or retest of the demand zone.
If it forms a higher low and confirms bullish intent, a move toward the 0.88400-0.88600 resistance zone is likely.
📈 Bullish Confirmation Needed
To confirm a buy setup, look for:
A break above recent minor resistance (near 0.86200 - 0.86400).
Strong bullish candles or a bullish engulfing pattern.
Potential confluence with indicators (e.g., RSI divergence, EMA crossover, etc.).
🚫 Bearish Risk
If price breaks below the demand zone (0.85400), the bearish trend may continue, invalidating the reversal setup.
In such a case, next support might be much lower, and short opportunities could arise.
✅ Summary
Bias: Potential short-term bullish reversal within a broader bearish trend.
Entry Consideration: After a higher low or bullish confirmation near 0.85600–0.86000.
Target: Resistance zone at 0.88400–0.88600.
Invalidation: Break below 0.85400.
AUDCAD Next StepsThe upside correction I pointed out in my previous analysis finished (a little earlier than I expected), and there was a strong downside movement after Trump´s tariffs announcement.
Next steps for price are:
1) 100% extension at 0.83916.
2) Strong supply zone (gray area) between 0.80 and 0.83.
Until price reaches these levels, upside corrections are shorting opportunities.
Recent Trades Just MadeI have just entered several short positions on AUD/CAD. The reason for making those trades was that the exchange rate was well below SMA(200), which was sloping downwards in the H1 timeframe. Moreover, lower lows had been created. As a result of my analyses, I made more than USD 35 from my mini-account, equivalent to a return of more than 40%!
#AUDCAD: Using 1-Day Time Frame For Intraday Entry! We have been closely monitoring the AUDCAD currency pair for an extended period and believe that selling AUDCAD at the current market conditions presents a more favourable opportunity with a sufficient number of sellers. However, we must acknowledge that we need to wait for the price to approach our entry zone, which will allow us to execute a sell entry with strict risk management. This analysis has identified a single target.
We extend our best wishes for your success and encourage you to provide support by liking and commenting on the idea.
Team Setupsfx_
AUD/CAD BUYERS WILL DOMINATE THE MARKET|LONG
AUD/CAD SIGNAL
Trade Direction: long
Entry Level: 0.880
Target Level: 0.889
Stop Loss: 0.874
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDCAD Discretionary Analysis: Taking the Elevator DownIt’s more of a sixth sense(like when you just know the milk is bad before you smell it). I think it’s headed down, like an elevator with a broken cable . If I’m right, I’ll make some money. If I’m wrong, well… guess I’ll take the stairs next time.
Just my opinion, not financial advice.
Bearish reversalAUD/CAD is rising towards the pivot which is a pullback resistance and could reverse to the 1st support which line sup with the 127.2% Fibonacci extension.
Pivot: 0.89738
1st Support: 0.89054
1st Resistance: 0.90296
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