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AUDCAD trade ideas

AUDCAD — Sell Setup at Key Resistance LevelOANDA:AUDCAD has reached a key resistance zone, highlighted by strong selling interest. This area has historically acted as a supply zone, increasing the likelihood of a bearish reversal if sellers step in. The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 0.90250 — a logical target based on previous price behavior and market structure. However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
1
AUDCAD Long Term Selling Trading IdeaHello Traders In This Chart AUDCAD HOURLY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (AUDCAD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
Bearish drop?AUD/CAD has reacted off the pivot which acts as a pullback resistance and could drop to the 1st support. Pivot: 0.9040 1st Support: 0.8956 1st Resistance: 0.9080 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
Bullish bounce?AUD/CAD is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which lines up with the 50% Fibonacci retracement. Pivot: 0.8956 1st Support: 0.8927 1st Resistance: 0.9015 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.
Long
by ICmarkets
AUDCAD at Key Support Level – Potential Rebound to 0.89950OANDA:AUDCAD has reached a significant support zone, marked by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 0.89950 level, a logical target based on the recent market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
1
"AUD/CAD: Will Bulls Defend Key Support?"🔹Technical Analysis of AUD/CAD (4H Chart) 🔹Market Overview: The AUD/CAD pair is currently trading at 0.90344, showing a minor decline of -0.20% in the latest session. The chart indicates a bullish outlook, contingent on price action respecting key support levels. 🔹Key Technical Levels: ▪️Buying Area: 0.9005 - 0.9030 (Highlighted in green) ▪️Demand Zone: 0.8940 - 0.8960 ▪️ 1st Target (Resistance): 0.90798 ▪️ 2nd Target (Resistance): 0.91361 🔹Trend Analysis: ▪️The price has been in an uptrend from its lows in January, forming higher highs and higher lows. ▪️ The 50-period moving average (red) and the 200-period moving average (blue) are converging, signaling potential support in the buying area. ▪️A retest of the buying zone (0.9005 - 0.9030) is expected before a possible upward continuation toward the 1st and 2nd targets. 🔹Market Sentiment & Trade Plan: ▪️Bullish Bias: If the price finds support in the buying zone and forms a bullish structure, it presents a buy opportunity with a target at 0.90798, followed by 0.91361. ▪️Bearish Risk: If the price breaks below the demand zone (0.8940), bearish momentum could extend further downward. 🔹Conclusion: Traders should watch for price action signals in the buying zone. A confirmed rejection could provide a strong buying opportunity, targeting higher resistance levels. However, a breakdown below the demand zone would invalidate the bullish bias. 😊Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
Long
by SOAM_PRO_TRADER
AUDCAD at Key Support Level – Rebound Toward 0.90000?OANDA:AUDCAD has reached a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 0.90000 level, which represents a logical target within the current market structure. However, a break below this support level would invalidate the bullish bias and could lead to further declines. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
1
AUD/CAD: Short-term Bearish Trend Remains IntactAUD/CAD: Short-term Bearish Trend Remains Intact In our previous analysis, AUD/CAD showed a transformation and tested the resistance zone near the top again. Today, the price has confirmed another larger pattern, indicating a further price decline. From a fundamental perspective, AUD/CAD was also supported by the fact that President Trump extended the Canada and Mexico tariff deadline to April 2. Tariffs were initially supposed to be applied on March 4. This extension provided short-term strength to the CAD. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
3
AUD/CAD - Technical Analysis & Market Sentiment📉 Bearish Bias ✅ Broken Trendline & Support - Downtrend confirmed with multiple support breaks. (+2) ✅ Fair Value Gap (FVG) Resistance at 0.89998 - Price may struggle to break through. (+2) ✅ Potential Lower High (LH) Formation - If price rejects FVG, further downside likely. (+1) ✅ Possible 4HR Trendline Breakdown - Could accelerate selling momentum. (+1) 🔻 Total Bearish Score: 6 📰 Sources: Trendline Break & Bearish Market Outlook - XTB FVG & Resistance Levels - IFC Markets 📈 Bullish Bias ✅ 4HR Trendline Support Holding - If respected, a reversal could form. (+2) ✅ Fib Retracement Zone (0.382 - 0.618) at 0.90028 - 0.90345 - Price may recover to these levels. (+2) ✅ Trade Set-Up 2 Suggests a Higher Low Formation - Could indicate early bullish momentum. (+1) 🔹 Total Bullish Score: 5 📰 Sources: Fibonacci & Trendline Strength - RoboForex Bullish Market Reversal Possibilities - Bloomberg 📊 Sentiment & Market Factors 📉 Weak AUD Due to RBA Policy Uncertainty (- Bearish) - RBA rate outlook remains dovish. Source 📈 CAD Supported by Rising Oil Prices (+ Bullish) - Strengthening CAD fundamentals. Source 📉 Bearish Momentum & Market Structure (- Bearish) - Lower highs still dominant. Source 📌 Final Bias: Slightly Bearish (Score: 6 vs 5)
by FaithdrivenTrades
AUD/CAD - Technical Analysis & Market Sentiment📉 Bearish Bias ✅ Break of 1HR Trendline - Price has broken key trendline support, confirming a bearish move. (+2) ✅ Break of 1HR & 4HR Support - Key levels have failed, indicating sellers in control. (+2) ✅ FVG (Fair Value Gap) Resistance - Price may retest FVG before further decline. (+1) ✅ Lower Highs Forming - Market structure suggests continuation to the downside. (+1) 🔻 Total Bearish Score: 6 📰 Sources: Trendline & Price Action - XTB Market Structure & Momentum - IFC Markets 📈 Bullish Bias ✅ 4HR Support Zone Holding - Price is testing a key demand area (0.89324 - 0.89374). (+2) ✅ Possible Buy Setup on Momentum Shift - If price shows bullish rejection, a reversal is possible. (+1) ✅ Weekly Trendline Support Nearby - Long-term trendline acting as support. (+1) 🔹 Total Bullish Score: 4 📰 Sources: Support & Reversal Patterns - RoboForex 📊 Sentiment & Market Factors 📉 Weak AUD Due to RBA Dovish Stance (- Bearish) - RBA hints at potential rate cuts. Source 📈 CAD Supported by Oil Prices (+ Bullish) - Rising oil prices strengthening CAD. Source 📉 Risk-Off Sentiment Weakening AUD (- Bearish) - Global economic concerns reducing demand for risk assets. Source 📌 Final Bias: Strong Bearish (Score: 6 vs 4)
Short
by FaithdrivenTrades
AUDCAD at Key Resistance – Will Sellers Step In?OANDA:AUDCAD has reached a significant resistance zone, highlighted by previous price rejections and strong selling pressure. This area has historically acted as a supply zone, increasing the likelihood of a pullback if sellers step in. The current market structure suggests that if the price confirms a rejection from this resistance, we could see a move lower toward the 0.90200 level, a logical target based on past price behavior and current market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
5