AUD/CAD has shown a decisive breakout above 100-DMA at 1.0104. We see scope for further upside in the pair. Strong support seen by weekly cloud top at 0.9999. Technical indicators have turned bullish for the pair. RSI biased north and is above 50 levels. Australia's quarterly GDP growth came-in at 0.3%, slightly better-than expected, supporting the Australian...
Cypher pattern may form. Also the D point is on the channel line.
looks like it could be a possibility! Trade responsibly!
I think price will fall to hit where daily trendline and hourly trendline meet and i think price will move back up to 38% retracement
see chart for notes hunting bull candles will update as trade evolves
Key support at 1.005 zone has been broken For the past few days, bearish-ness force is still pretty strong. I would expect the downtrend to carry on now that the support zone is broken.
AUD/CAD is currently holding above 200-DMA support at 1.0020, break below will see further drag. The Canadian dollar supported by BoC positive statements post meeting where it held rates unchanged overnight. Brent oil regained bid tone in Asia to trade above the $54.00 mark on speculation the OPEC is set to extend the oil output cut deal by nine...
Aussie is bullish. 4H bearish trend has been broken. Now is testing the breakou creating a bullish trend. We should see rising scenario till the resistance level. Then we must wait for a breakout and pullback till the support.
Pair is on a berish triangle pattern. Waiting for a breakout( probably bearish) to go short till 0,995 level, wich coincide with the last minimum price. Also, RSI has showed the same patter with a 61,8 of fibonacci retracement. Patience
The aussie loonie is being absolutly loonie at the moment. Any trade taken on this pair for the foreseeable future is as good as a coin flip! If your into gambling and don't mind losing all your cash I would play to a bullish bias with a 1.03 target for short term, but if your are sensible stay out of this pair until the whipsawing around resolves itself. To...
This signal is valid until 15/6/2017 Minimum 700 pips profit on this transaction
EMAs are crossed bearish and price rejected the 21 EMA. Next we may see the price goes to 50% fib level and drop.
The pair is extending slump from yearly highs at 1.03458, eyes 200-DMA at 1.0013. Weakness seen on weekly charts, violation at 200-DMA could see drag upto 0.9925 (April 12 low). Death cross (bearish 50-SMA crossover on 200-SMA) on hourly charts adds to bearish bias. Immediate support on the downside is seen at 100-DMA at 1.0036, while immediate resistance lies...
AUDCAD has formed a significant bearish engulfing candlestick at a very strong support level which has not been broken in years. SL set at -80 pips, TP set at previous lows.
AudCad is forming a classical bullish wedge on the daily time frame. Besides that its also about the bounce of the lower range. At this stage AudCad looks like a beautifull buy opportunity. When looking at other Cad pairs you can still see that the Cad is a weak currency. Judging by this setup AudCad will soon follow the other cad pairs. Take profit: 1.0289 >...