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Australian Dollar/Canadian Dollar

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AUDCAD trade ideas

AUDCAD LONG starting off with the monthly Timeframe you can see a clear and respected triple bottom at 0.87029 Weekly timeframe a clear BOS at 0.90172 this shows buyers are in control Daily timeframe having seen a pullback to 0.90172 seeing rejection this is a good sign we can go back to swing high right now you can see sellers stepping in and trying to take control. from next week I can see price getting above 0.90650 this is where ill be looking for LONG positions remember to do you're own research as well
Long
by Pragassa1998_
AUDCAD SHORTRe-analysis as price created new structure Market structure bearish 30 Entry at Both Daily and Weekly AOi Weekly Rejection at AOi Previous Weekly Structure Point Daily Rejection at AOi Previous Daily Structure Point Around Psychological Level 0.90000 Candlestick rejection Y Rejection from Previous h4 structure Levels 5.18 Entry 105% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is King Linked previous Idea
Short
by mobbie_zw
2
Bearish drop?AUD/CAD is rising towards te pivot nd could could reverse to the pullback support. Pivot: 0.90381 1st Support: -.89057 1st Resistance: 0.90834 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.
Short
by ICmarkets
AUDCAD - Triangle Breakout approaching NewsAUDCAD consolidating after some high volatility whipsawing. AUD and CAD news is approaching so may see some volatility prior to the release as traders position themselves based on predictive sentiment and then a recurrence after the news as they factor in reality if not in synch. There is a high likelihood of fake-break and returns to the pattern given the extreme range of opinions displayed through the recent previous breakout-and-reversal.
by fugutrader