CADAUD trade ideas
AUDCAD: Bullish Continuation & Long Signal
AUDCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long AUDCAD
Entry - 0.9118
Sl - 0.9095
Tp - 0.9157
Our Risk - 1%
Start protection of your profits from lower levels
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P2P INDi Update: AUD/CAD 4-Hour AnalysisAUD/CAD is trending lower , moving from a pivot high of 0.9264 down to a pivot low of 0.8782.
The 4-hour timeframe reveals a mixed outlook:
Oscillators: Show a balance between neutral and bearish signals, with some indicators suggesting the pair is oversold.
Moving Averages: Most short- to mid-term MAs are pointing to continued bearish momentum, but the 200-period MA offers long-term support near current levels.
Market Insight: The Australian Dollar faces pressure, likely from weaker commodities, while the Canadian Dollar is supported by stable oil prices. Monitor for either a breakdown or a bounce from support around 0.9115.
Stay vigilant and watch for confirmation before taking action.
AUDCAD Longmorning from this side guys, here is my take on this pair currently, i am looking to go long once the market gives me a confirmation because liquidity has been swept and that was very close to my area of interest. Now the funny thing about this chart is that, this same market condition has occurred on AUDUSD on the May 22nd, 2024 - June 10th, 2024 producing a fake double bottom; check yourself, honestly if you can take your time and sit with this forex of thing and then say to yourself I AM GONNA MAKE IT IN THERE, Bro even if the world turns against you, you will never back down, this is because I NEVER GO THROUGH ANY MENTORSHIP since i am a conventional broke dude, I DON'T HAVE THE BILL, that's what i mean, (though it took me a lot of time and stress to master).
BUT, pls i am not telling anyone to take on my words because all my above epistles 😂😂 doesn't mean if the market gives me the conditions for entry, the position will surely be a winner
AUDCAD - 4hrs ( Sell Trade Target Range 140 PIP ) Pair Name : AUD/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break
0.91150 Area
Reasons
- Major Turn level / D
- Visible Range lvn
- Fixed Poc Area
- Trend / Pattern Breal
- Day / week low
- Fibo Golden
Bullish Reversal
0.89700 Area
AUD-CAD Bearish Breakout! Sell!
Hello,Traders!
AUD-CAD broke the key
Horizontal level of 0.9120
So we are locally bearish
Biased now so we will be
Expecting a further move down
Sell!
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AUDCAD Consolidation with Bearish PotentialSince August 20th, AUDCAD has shifted from a bullish trend into a ranging pattern. Currently, the pair is showing signs of a slight bearish bias. The key support level to watch is 0.91164; a break below this level could confirm the start of a bearish phase, with the next target around 0.9081. On the upside, the resistance at 0.91800 serves as the upper boundary of this range. A breakout above this resistance would signal a potential continuation of the prior bullish trend. Traders should monitor these levels closely for confirmation of the next directional move.
AUDCAD Outlook💹 Forex:
📈 Bullish Outlook:
AUDCAD has been breaking into new highs on our Weekly, Daily, and 4hr time frame.
Context time frame (1W): Price has been surfing above the 10ema and is showing strength.
Context time frame (1W): Price has brokedown into the 10ema and has showed a valid pullback.
Validation time frame (1D): Price is showing strength and surfing above the 10/50/200 EMAs
Validation time frame (1D): Price has brokedown into the 10ema and has showed a valid pullback.
Entry time frame (4hr): Price has brokedown into the 10ema and has showed a valid pullback.
Entry time frame (4hr): I'm interested in longs if price can get above the 10ema and start showing strength.
Keeping an eye on this. 👁️]
Will AUDCAD print a bull flag or continue the FALL?FX:AUDCAD
On the higher time frame price shows a strong uptrend on this pair. With the current condition, we may be in for another impulsive move. The question is will the trend continue or will the market pull back? Looking at structure in this area as long as the highs are not broken there is a good chance that we will see a slight pull back before the continuation of this uptrend.
Depending on the strength of the momentum when price retests the highs, we could also see the formation of a Bull Flag. To be safe wait until price breaks above the highs with multiple candles closing for confirmation. Then we'll wait on the retest to enter a Buy.
Heading into 50% Fibonacci resistance?AUD/CAD is rising towards the pivot which is an overlap resistance and could drop to the 1st support level which is a pullback support.
Pivot: 0.91513
1st Support: 0.91192
1st Resistance: 0.91513
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AUDCAD - Swing setup forming?Looking at the W and D timeframes, we could possibly see this setup in the coming week.
AUDCAD My Opinion! SELL!
My dear subscribers,
This is my opinion on the AUDCAD next move:
The instrument tests an important psychological level 0.9170
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.9142
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
Lingrid | AUDCAD ranging MARKET. Potential SHORTFX:AUDCAD has been consolidating following a significant move, with price action fluctuating between established support and resistance levels. This consolidation phase has formed a slight descending channel. As the market approaches the highs from the previous week, we may witness a rebound from the channel's upper boundary and the upward trendline, suggesting a potential continuation of the current sideways trend. My target is support level at 0.91330
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUD-CAD Local Long! Buy!
Hello,Traders!
AUD-CAD went down and
Hit a horizontal support
Of 0.9115 from where
We are already seeing a
Local rebound and we
Will be expecting a
Further move up
Buy!
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Check out other forecasts below too!
AUDCAD TRADE VIEWOn this Pair AUDCAD,we are expecting some Bearish Move,cause we are expecting the AUD to have a pullback,and the CAD is still showing an UPWARD MOVEMENT,also price has hit a Strong Area of SUPPLY, we also have a CHOCH on the 30mins down to the 15mins, with our Entry Confirmation added. Yo can add to your watch-list if this matches with your trading idea, we will go breakeven, once price hit the middle Black Line, also we have a Strong CANADIAN GDP NEWS coming soon.
AUD/CAD on the Verge of Breakout: Key Levels to Watch
➡️ Bullish breakout above 0.9196
➡️ Bearish breakdown below 0.9114
➡️ Key levels to watch for potential moves
🔹 Resistance: 0.9264
🔹 Support: 0.9017 and 0.8949
AUDCAD Will Fall! Short!
Please, check our technical outlook for AUDCAD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.915.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.914 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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AUD/CAD: Awaiting Breakout from Descending Trend Line➡ Awaiting breakout from the descending trend line
➡ Key resistance levels: 0.9185 and 0.9197
➡ Strong support at 0.9120
AUD/CAD is testing the descending trend line, with a potential breakout on the horizon. Traders should watch these levels for a clear directional move.
Long or Short on AUDCADBoth a long and a short order have been placed on AUDCAD based on the potential breach of the fractals from the 20th and the 22nd of Aug.
