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AUSTRALIAN DOLLAR / CAX

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AUDCAX trade ideas

AUDCAD Set To Grow! BUY! My dear followers, I analysed this chart on AUDCAD and concluded the following: The market is trading on 0.9004 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.9048 Safe Stop Loss - 0.8977 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
AUDCAD - Bulls Steppin in!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈AUDCAD has been overall bullish trading within the rising wedge pattern marked in blue. Today, AUDCAD is retesting the lower bound of the wedge. Moreover, it is approaching its previous weekly low. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of weekly low and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #AUDCAD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TheSignalyst
4
AUD/CAD Short🔍 Technical Context: Market Structure: Price is in a long-term sideways range with lower highs. AUD/CAD is struggling to break above the 0.90–0.91 region, showing signs of exhaustion. Zone of Interest (Supply): Purple box: 0.9000 – 0.9100 A clean historical rejection zone that has acted as both support and resistance multiple times since 2022. Entry Type: Sell Limit @ 0.9070 placed slightly below the top of the resistance zone to increase likelihood of getting triggered on a spike. Stop Loss: 0.9175 – above multiple wick rejections and key structure highs. Allows breathing room for volatility without compromising the structure. Take Profit Targets: TP1: 0.8650 (conservative target at strong support) TP2 (optional extension): 0.8500 (major long-term range low) Risk-Reward Ratio: ~1:3 minimum to TP1, potentially 1:4+ if extended to 0.8500. 🧠 Strategic Notes: Trigger Conditions: Wait for a retrace to the 0.9070 zone rather than enter at market open. This is based on the idea that a final upward effort could grab liquidity and fill your limit. Monthly Candle Watch: Monday is month-end. Monitor the monthly close to determine if the structure still supports the trade idea. If the close is strongly bullish and you’re triggered early, be open to closing the trade early to avoid deeper drawdown. Why It’s High Probability: Multi-year horizontal structure Repeated failure to hold above 0.90 Candlestick wicks rejecting the same zone Fundamentals slightly favor CAD over AUD (higher real yields, oil correlation) Defined invalidation point and asymmetric reward
by tradercat2025
DCF: AUD-3 vs CAD+7Today, I’ve spotted a shorting opportunity on AUDCAD! DCF: Capital flow favors the Canadian dollar (+7) over the Australian dollar (-3). On the daily chart, the new downward move (Leg 1) signals the start of a fresh trend. Currently, the price is making its third reaction from the low, aligning with lower TF supply zones and the cyclical resistance line. The fourth time unit must form a red bar; otherwise, it suggests that the downward momentum is weakening, as reactions typically last only 1–3 time units before continuing. Ideally, identifying a Bull Trap—a bearish liquidity pattern—would serve as strong confirmation to add extra short positions.
Short
by CGE_Trading
Buy audcadAUD/CAD Reversal Trade Setup: Key Levels to Watch Market Overview The AUD/CAD currency pair has shown a strong historical support level around 0.89867, where price has consistently bounced in previous weeks. This suggests a potential bullish reversal in the short term. Trade Setup Entry: Buy at 0.90246 Stop Loss (SL): 0.89867 (below key support level) Take Profit (TP): 0.91212 (next major resistance level) Analysis & Rationale Technical Support Zone: The 0.89867 area has acted as a strong demand zone, reinforcing a possible price rebound. Risk-to-Reward Ratio: This setup offers a favorable risk-to-reward ratio, ensuring optimal risk management. Trend Confirmation: A confirmed bounce off support will provide further confidence in the bullish momentum. Trading Plan & Execution Wait for a clear bullish confirmation at 0.90246 before entering. If price action aligns with expectations, gradually add positions on pullbacks while maintaining stop-loss discipline. Close the trade at 0.91212 or trail stop to maximize gains if momentum remains strong. This trade idea aligns with technical analysis principles, leveraging key support and resistance levels. However, always monitor market conditions, and adjust accordingly to maximize profitability. 📌 Risk Warning: Always use proper risk management strategies, and trade according to your personal risk tolerance.
Long
by Jazzy_Qmolautsi
AUD-CAD Local Long! Buy! Hello,Traders! AUD-CAD went down sharply And the pair has hit a horizontal Support of 0.9011 from Where we are already seeing A bullish reaction so we Are locally bullish biased And we think that the price Will go up in a bullish correction Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TopTradingSignals
2
AUDCAD On The Rise! BUY! My dear subscribers, AUDCAD looks like it will make a good move, and here are the details: The market is trading on 0.9063 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.9088 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
AUDCAD Dropping to Monthly LowLooking at the Price Action on AudCad this week we can see that market structure is aligning with fundamentals where Cad is leading in bullish data fundamentally, now looking at the structure POV a nice H&S pattern is forming at the mid level 0.91250 and giving us a Break of previous Demand Zone and a Lower High Break of Structure + after all of that price created a New Supply Zone. I do believe price will Drop to the monthly low and take out all the Higher Lows it created during this month with all this strong data that is being released, i at least expect a retest of the mayor level 0.90000
Short
by Jcasanova32
1
AUDCAD Approaching Key Resistance — Potential Sell SetupOANDA:AUDCAD is approaching 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 market structure suggests that if the price confirms resistance within this zone, we could see further downside movement. A successful rejection could push the pair toward 0.90700, a logical target based on prior price behavior and the current structure. However, if the price breaks and holds above this resistance, the bearish outlook may be invalidated, potentially leading to 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
27
AUD/CAD Breakout in Motion – Bulls Targeting Higher LevelsTechnical Overview: The AUD/CAD pair has formed a clear ascending triangle pattern, signaling bullish momentum. A successful breakout above the resistance zone indicates potential upward movement toward key levels. Price is currently testing a resistance level near 0.9093, and a clean break above could trigger a strong rally. Key Levels to Watch: Entry Zone: Above 0.9093 (breakout confirmation) First Target (TP1): 0.9163 Second Target (TP2): 0.9299 Stop Loss (SL): Below 0.9008 (previous structure support) Supporting Factors for Bullish Bias: ✅ Trendline Support: The ascending trendline is holding strong, reinforcing bullish structure. ✅ Higher Lows Formation: Indicates buyers are stepping in aggressively. ✅ Breakout Confirmation: If price sustains above 0.9093, momentum will likely continue.
Long
by ultreosforex