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AUDCAD

#AUDCAD 4HAUDCAD 4-Hour Analysis The AUDCAD pair is trading near a channel support level on the 4-hour chart, indicating a potential reversal or bounce from this zone. The channel support has historically acted as a strong area where buyers regain control, presenting an opportunity for bullish trades. Technical Outlook: Pattern: Channel Support Forecast: Bullish (Buy Opportunity) Entry Strategy: Consider entering a buy position near the channel support after confirming bullish price action, such as bullish engulfing candles or a double bottom formation. Traders should monitor indicators like RSI for oversold conditions or MACD for signs of bullish momentum. Apply appropriate risk management with stop-loss orders placed below the support line and profit targets set at resistance levels within the channel.
Long
by PIPSFIGHTER
AUDCHF The Target Is DOWN! SELL! My dear friends, Please, find my technical outlook for AUDCHF below: The price is coiling around a solid key level - 0.5674 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.5637 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
Bearish drop?AUD/CAD has reacted off the pivot which is an overlap resistance and could drop to the 1st support that is a pullback support. Pivot: 0.90737 1st Support: 0.90129 1st Resistance: 0.91297 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
#AUDCAD 4HAUDCAD 4-Hour Analysis The AUDCAD pair has broken above a key trendline on the 4-hour chart, signaling a potential shift in momentum to the upside. Additionally, the presence of a buy engulfing candlestick in the breakout area reinforces the bullish outlook. This combination of technical signals presents a strong opportunity for a buy position. Technical Outlook: Pattern: Trendline Breakout & Buy Engulfing Area Forecast: Bullish (Buy Opportunity) Entry Strategy: Enter a buy position above the trendline breakout level, confirming with bullish price action signals. Traders should look for additional confirmation such as continued bullish candlesticks or supportive indicators like RSI and MACD trending upwards. Place stop-loss orders below the breakout level to manage risk, and target higher resistance zones for potential profit.
Long
by PIPSFIGHTER
AUDCAD Buy signal at the bottom of the Channel Up.The AUDCAD pair has been trading within a Channel Up pattern since the September 27 2023 Low and at the moment it is in the process of forming a new Higher Low. All previous Higher Lows were formed one the 1D RSI almost touched the 30.00 oversold barrier. Right now it is a little more than 5.0 points away from it, so buying starts getting highly favorable on the current levels. In any case, a break above the 1D MA50 (blue trend-line) would confirm the start of the new Bullish Leg and if it follows the previous sequence, it should peak above the -0.5 Fibonacci extension. As a result, our 0.95000 Target is more than valid for the medium-term. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Sell AUD/CAD Triangle BreakoutThe AUD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9104 Target Levels: 1st Support – 0.9060 2nd Support – 0.9032 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
10
AUDCAD Buyers In Panic! SELL! My dear subscribers, My technical analysis for AUDCAD is below: The price is coiling around a solid key level - 0.9131 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.9092 My Stop Loss - 0.9152 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
AUD/CAD 30m Trade Setup Looking at the 30-minute chart, we see a clear IMB (Imbalance) that price seems to be targeting, coupled with liquidity resting above ($$$). Game plan: If the price continues its upward move, it may tap into the liquidity zone, filling the imbalance before a potential retracement. Watching closely for reactions at the 0.91500–0.91666 zone, where confluence is strongest. Bias: Bearish pullback expected after liquidity is grabbed. Waiting for confirmations before entering short. What’s your take on this setup? Are you looking to trade the bounce or the breakout? Let me know your strategy below!👇
Short
by Safaric
Potential bullish bounce?AUD/CAD is falling towards the pivot which is a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 0.91276 1st Support: 0.90738 1st Resistance: 0.91997 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
AUDCAD Potential Drop after Rejection from ResistanceAUDCAD is currently experiencing a pullback toward the resistance zone and the upward trendline area. On the 4-hour timeframe, the market has been forming lower lows and lower closes, indicating a bearish trend. After a significant decline, the price is now approaching the 50% retracement level of that move. This area may act as resistance, potentially leading to a continuation of the downward movement. The target is the support zone around 0.9070
Short
by RTED_Investing