AUDCAD short ideaA simple break and retest of the 0.91000 key level gives us a good reason to expect more bearish momentum on Aussie CAD. Price could reach lows of 0.50437
CADAUD trade ideas
AUDCAD Weekly Forecast Hello Traders!
"Regardless of what you are going through, you still have to show up and remain consistent to your vision"-Inspired by Fx Jordan (Jordan Martinez)
This week I am keen to see AUDCAD giving us that market structure shift after tapping into our MTF-POI and grabbing liquidity. Those who love patterns can agree with me when i say the price has been quickly forming HH-HL on lower timeframes which is noted as a raising wedge indicating a potential shift of structure if it occurs at a resistance level. We have already seen a major bearish pressure after price failed to take out previous higher high.
On 4H chart i am expecting to see internal structure forming LL-LH providing us with scaling opportunities.
can we see a shift in structure this week? and will that shift in structure mark a new bearish market for AUDCAD?. Well no one knows for sure so let us see what the week gives us!
Please note:
Traders don't forget to review your economic calendar even if you are not a fundamental trader but the key is to stay informed not obsessed.
Thank you!
AUDCAD Analysis: Bearish Reversal AnticipatedAfter a sustained bullish trend, I have identified a notable bearish formation on the AUDCAD chart. Key technical indicators and chart patterns are signaling a potential market reversal to bearish. This could present a promising opportunity for traders to capitalize on the expected downward movement.
Stay tuned for more detailed analysis and updates!
AUD/CAD Daily AnalysisThe MACD has produced a lower high when price has produced a higher high indicating a potential reversal is in sight. Check out what happened over December 2023 and January 2024 when there was a similar situation. Wait for the breakout before considering any sells as the market sentiment can change.
AUDCAD SELL IDEAWe can expect a rejection from price 0.9150 to the downside. Using 30 pips as SL and going for a 2-1 RRR.
AUDCAD TRADE SETUP 4HHello traders ,
This my idea for Long. AUDCAD Once 4H Candle Retest. I am ready to Long.
this is my ideas only. what you are flow your trading statistics you can continue.
If you need more my ideas follow me
Forex Trading Signal: AUDCAD MovementAttention Forex Traders,
We have observed key indicators and applied our EASY Quantum Ai strategy to generate a trading signal for the AUDCAD currency pair. Here are the specifics of the current trade setup:
Direction: Sell
Enter Price: 0.91435
Take Profit: 0.91236667
Stop Loss: 0.91605667
The current market conditions and analysis suggest a short-selling opportunity for AUDCAD. Here’s the rationale behind our forecast:
1. Technical Indicators: Our proprietary EASY Quantum Ai algorithm has identified a bearish trend forming. Key technical signals such as moving averages and the Relative Strength Index (RSI) indicate downward pressure.
2. Economic Data: Recent economic releases from Australia indicate weaker-than-expected economic growth, while Canadian economic data has shown relative stability. This disparity supports a bearish outlook for AUDCAD.
3. Market Sentiment: Market sentiment analysis shows a growing inclination towards risk aversion, leading investors to prefer the Canadian Dollar over the Australian Dollar.
For these reasons, we recommend entering a Sell position at 0.91435, targeting a Take Profit at 0.91236667. To manage risk, we advise setting a Stop Loss at 0.91605667.
Stay informed and trade wisely.
Happy Trading!
AUDCAD Sell/ShortAUDCAD looks like a good signal from here that has bounced off resistance, came back a bit, and seems to not be a strong higher low for AUDCAD. Our analysts and myself am calling a sell short here due to the fact this pair has repeated multiple patterns in the same way in the last few months and as well it has the best risk/reward ratio I have seen so worth the bet to make. Please follow the entry, SL, and TP. Please make sure to follow our page for more daily signals!
AUDCAD: Expecting Bearish Continuation! Here is Why:
The analysis of the AUDCAD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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AUDCADAlthough the bears are in control we can a fractals were formed suggesting a turn around is possible. SL and TP on the screen good luck!
Price also failed to break the previous days support
AUDCAD - shortShort as per my graph
Just for me own reference
- Not the best of trend change on a 4hr as it havent formed lower lows yet, however have reacted nicely , so entering at the retrace looking for lower targets
AUDCAD LongDaily Bias Bullish
Fundamental AUD is bullish and CAD is bearish
Price retrace back into H4 Support level that have not been brought for a long time. The level was strong and created long term rejection. H1 TF, price was rejected at the level and formed a Inverse H&S pattern with a strong bullish candle closing above the neckline (Resistance)
Set a long set up at broken neckline with target at Swing high R:R 1:4. SL below the H&S
AUD-CAD Bullish Bias! Buy!
Hello,Traders!
AUD-CAD is about to
Hit a horizontal support
Around 0.9050 and after
The retest the pair is
Likely to make a bullish rebound
Buy!
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AUD/CAD -H4 Med Term- Late Entry But Still Valid.Use good trade management only thing important in Trading is how you manage your trade...
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