BUSCAMOS IMPULSO BAJISTA POR CAMBIO DE ESTRUCTURAThe price shows a clear breakout, giving us a lower low than the previous one, so we position ourselves to sell at a better price in the upper fractal area where we find an inefficiency in the price.
AUDCAD trade ideas
possible AUDCAD dropmy analysis shows that AUDCAD might drop, as we can see we had a Triple top(declining) and price broke our major low which acts as support, this is a bearish sign and means price might continue to drop, a pullback and a rejection on the Zone would be a better confirmation for price drop
so all in all look out for the upcoming drop in AUDCAD
AUDCAD - Bearish Breakout from Rising Wedge📉 AUDCAD has broken down from a rising wedge pattern, signaling potential bearish momentum. A confirmed breakout below support suggests further downside. Targeting key support levels with a tight stop-loss above the wedge resistance.
🔎 #AUDCAD #Forex #Trading #RisingWedge #PriceAction #TechnicalAnalysis #ForexSignals
AUDCAD LONG Rebound from 1h orderblockAUDCAD Rebound from the 1h orderblock into the next 1h orderblock upside. The RSI is oversold.
AUD/CAD Strengthens - Upward from 0.8855 SupportAUD/CAD is moving in an uptrend after finding support at 0.8855. This means the price dropped to that level, but buyers stepped in, stopping it from going lower. Since then, the price has been rising steadily.
Right now, the pair is following a pattern of making higher highs and higher lows, which shows strength in the uptrend. As long as this pattern continues, the price is likely to keep moving up.
AUD/CAD AnalysisAUD/CAD is technically in a Sell/Short Position.
You guys can manage your risk accordingly.
get Bulish after touching the ractanglebuy in the in or near the box stop loss and tp 1 defined, when tp1 hit move sl to entry
AUDCAD LONG Market structure bullish on HTFs DW
Entry at both Weekly and Daily AOi
Weekly rejection at AOi
Weekly EMA Retest
Weekly Previous Structure point
Daily Rejection at AOi
Daily EMA retest
H4 EMA retest
H4 Candlestick rejection
Levels 5.05
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
AUDCAD Long IdeaAfter a busy morning i've finally chance to sit down and try publish some ideas. This fits well with Technicals 'Buy' and the Indicators.
AUD/CAD stalls around 91c, pullback pending?A 3-wave move has developed from the January low, that for now appears hesitant to hold above 91c or its 50% retracement level. Twice we have seen false breaks of the 91c level on the daily chart, and Monday presented a bearish pinbar which closed below the 200-day SMA.
Bearish divergences have also formed on the weekly and daily RSI (14) and daily RSI (2). Perhaps a pullback is brewing.
Bears could fade into moves towards the 200-day SMA, in anticipation for a move down to at least 90c, just above the 50-day SMA and weekly VPOC (volume point of control).
And if the BOC refrain from promising further cuts while delivering an expected 25bp cut tomorrow, it could further strengthen the Canadian dollar and weaken AUD/CAD further.
Matt Simpson, Market Analyst at City Index and Forex.com
Possible bullish continuationAfter the bos the price retraced back to zone 0.618 and hence a possible bullish run upwards bcz the overall structure is still bullish
AUD/CAD at Make-or-Break Zone Ahead of BoC DecisionAUD/CAD is currently testing a crucial technical zone, hovering around 0.9060 as traders weigh Canadian dollar fundamentals against the Australian dollar's resilience. The pair recently rejected a previous high near 0.9125 and has formed a potential bearish setup, aligning with a descending trendline (DTL) resistance. With the Bank of Canada’s upcoming policy statement and concerns over U.S. tariffs impacting Canada’s economy, the market is eyeing whether the BoC will maintain a dovish stance. Meanwhile, Australia's stronger-than-expected GDP report last week has provided some support to the Aussie, but fading momentum suggests that CAD strength could reassert itself. If price breaks below the 0.9050 support area, it could trigger further downside toward 0.9025 and beyond. Traders should monitor price action closely at this level for confirmation of either a breakdown or a reversal.
Anticipating a buyAs you know,we are bullish. market just made a new higher high and is retracing to the bullish order block before going long. however that alone in itself is not enough reason to go long. i want to see and observe market character around the bullish order block before i go long.
AUDCAD: Bearish Continuation & Short Signal
AUDCAD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short AUDCAD
Entry - 0.9095
Sl - 0.9134
Tp - 0.9028
Our Risk - 1%
Start protection of your profits from lower levels
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 RESULThello traders
target hited in AUDCAD
trade with trend
trend is your friend
with you think //// Don't trade against the trend.
AUDCAD potentially to a new weekly high.Looking at the AudCad chart for the past week Market Structure shifted to the bullish side, we can see price making Higher Lows at a Mayor Level ( 0.90000 ) before breaking the Weekly High, price started to retrace to retest the demand zone where it confirmed the bullish reversal and also giving us a nice FIB where if we take our lowest to our highest point after the impulse move we can see our 27ext. lines up perfectly to the 0.91500 level where i anticipate price is gonna head to based on the market structure, sentiment and fundamentals overall.
AUDCADImpact of Canadian Employment Data on CAD
The upcoming Canadian employment data, including Employment Change, Unemployment Rate, and Capacity Utilization Rate, can influence the Canadian Dollar (CAD) in several ways:
Employment Change:
Forecast: 19.7K
Previous: 76.0K
Impact: A lower-than-expected employment change could weaken the CAD, as it suggests a slower labor market. Conversely, a stronger-than-expected figure could support the CAD by indicating economic resilience.
Unemployment Rate:
Forecast: 6.7%
Previous: 6.6%
Impact: An increase in the unemployment rate might weaken the CAD, while a decrease could strengthen it.
Capacity Utilization Rate:
Forecast: 79.2%
Previous: 79.3%
Impact: A slight decrease in capacity utilization might suggest a minor slowdown in economic activity, potentially affecting the CAD negatively.
Market Reaction:
Strong Employment Data: If employment figures exceed expectations, the CAD could strengthen as it indicates a robust labor market and potentially supports higher interest rates by the Bank of Canada.
Weak Employment Data: Conversely, weaker-than-expected data might lead to a decline in the CAD, as it could suggest economic slowdown and potentially lead to more accommodative monetary policy.
Trading Strategy:
Long CAD: If employment data is strong and suggests economic resilience, traders might favor long positions on CAD.
Short CAD: If data is weak or suggests economic slowdown, traders might consider short positions on CAD.
AUDCAD Buy Trade Idea1️⃣ Trend Analysis
✅ Market in an Uptrend
2️⃣ Oscillators
🔹 Stochastic – Oversold, suggesting a potential bounce
3️⃣ Price Action
📌 A strong buy signal has appeared at a key level
4️⃣ Volume Analysis
📊 Demand area identified, signaling buyer interest
5️⃣ Commitment of Traders (COT) Data
📈 Commercials are Extreme Long on AUD
📉 Commercials are Moderately Long on CAD
🔎 This suggests AUD has stronger institutional support than CAD
6️⃣ Fundamentals
📢 Bullish fundamentals favoring AUD over CAD
7️⃣ Measured Move
⚖️Seller exhaustion
8️⃣ Wave Analysis
🌊 C Wave Net Trend coming up, confirming a bullish continuation
#048 Trust The Process AUDCAD Sell 1227SGT 07032025Taking price in the direction of the trend now.
I am shorting on the 1 minute time frame but I screen shot on the 15 Minutes Time Frame.
1228SGT 07032025
