Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for AUDCAD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
This is a pair I'v been looking to short again for awhile now due to the trend and now i'v got some Bearish Divergence to justify entering and the nice extra bonus from the news of the US Trade Deficit Increasing. I think this will stir up more demand for the CAD against alot of other Currencies but more particularly against the AUD. This may also put downwards...
- Bounce off of previous resistance zone (0.9100) - Indicators suggesting bullish movement - In line with the recent bullish trend - All moving averages bullish
Hello. I am looking for a buy opportunity in this trade. 1. Ending diagonal 2. MACD divergence in lower timeframes Trade with care.
Audcad has been on a long term bearish market move with a short term bullish run which resulted in a rising wedge soon audcad should be on a bearish run i advice my followers to only look out for sells. if my forcast has been helpful pls like, follow, share and comment.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. AUDCAD is overall bearish from a long-term perspective trading inside the brown channel, and it is currently retesting the upper brown trendline. Moreover, the zone 0.91 is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as...
The reasons that push me to sell this pair include a sub-trend touching the upper channel, resistance on the large frims, the pair is exhausted from the upside, and the buyers are still in the process of closing the buying positions. The four golden rules of trading 1 Don't be greedy 2 Always use stop loss 3 Never add other positions to the losing positions 4...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for MKR . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
This is what i will like to see AUDCAD does next week before entering a position....I will you guys updated....Please this is not a financial advice rather its an aid to guide you towards the markets possible direction over the next few hours... #fx #trading
AUD CAD has broken through the channel on the 1H TP 89800 and probably will continue to the 89500
Almost a month and a half ago, and the Australian dollar against the Canadian dollar is still on the rise. Will the trend change at the beginning of next week, or is there more rise for this pair? My point: It is an opportunity worth taking and risking (little risk) with a small contract and waiting two to three weeks. In your opinion, will the trend change in...
Hey traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.89 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
AUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Ongoing issues with China’s economy remain a question mark for the AUD. But the continued rumours and speculation of a pivot away from Covid-zero policy has given Chinese equities, China-linked commodities and the Antipodean currencies a boost. The RBA took another 25bsp hike at their previous meeting, sparking...
Please this is not a financial advise rather its an aid to point you to the possible direction!
Hey traders, Based on the recent CPI data we can understand that the market is calling for a pivot, soft CPI data tend to give us a bullish stock market and the AUDCAD pair along with NZDCAD is extremely correlated with indices, which means when we have bullish bias on indices we can consider AUD and NZD pairs longs, especially against USD and CAD and you can...
The AUDCAD pair has on a 2 day rebound after the pull-back on the 1D MA50 (blue trend-line) rejection on October 27. This couldn't have validated better our previous analysis on September 20: As you see, the 1 year Lower Lows Zone is holding and as long as it does, the price should push for a new Lower High or at least a 1D MA200 (orange trend-line) test....
Hello viewers, we are have strong AUD events in last times, AUD showing power, i am here bullish. Techncially picture looks bullish. TP1: 0.88200 (80) TP2: 0.88600 (120)
Possible short from these zones...Please this is not a financial advise rather its an aid to point you to the possible direction!