AUDCAD H4 | Falling to resistance levelThe price has broken off the sell entry and is falling to the take profit level.
Sell entry is at 0.90361 which is a pullback resistance.
Stop loss is at 0.90551 which is a swing-high resistance.
Take profit is at 0.89754 which is a pullback support level that aligns with the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUDCAD
AUD-CAD Swing Bullish Bias! Buy!
Hello,Traders!
AUD-CAD is trading in an
Uptrend along the rising
Support so IF we see a
Bullish breakout of the
Horizontal resistance above
At 0.904 then a bullish
Continuation is to be expected
Buy!
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⚡️AUDCAD CMC TRADING ⚡️ 4H SUPPLY ZONEAUDCAD has revisited the 4-hour supply zone, and we are anticipating a reversal as the price interacts with the identified supply level. To confirm a potential short entry, we are considering waiting for the price to validate a breakout below the formed trend line. Our target is set towards the most recent swing low established within the same hourly timeframe.
AUDCAD Breakout and Potential retraceHey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.89300 zone, AUDCAD was trading in a downtrend and currently seems to be attempting to break it out. if we get further rallies above the resistance we will seek for a potential retrace of the trend towards more highs.
Trade safe, Joe.
AUDCAD Buy signal on 1D Golden Cross.The AUDCAD pair is trading within a Channel Up pattern that has currently been rejected twice on Resistance 1 (0.905500). With the 1D MA50 (blue trend-line) crossing today (or tomorrow the latest) above the 1D MA200 (orange trend-line) to complete a 1D Golden Cross, and the 1D MACD forming now a Bullish Cross, we have a strong case for a break-out above Resistance 1 this time.
Once this takes place, we will buy and target 0.9200 as the new Higher High of the Channel Up. It will be a +3.76% rise from the recent Higher Low, which is roughly the % rise of the previous 2 bullish legs.
Bonus material (past AUDCAD trade):
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AUDCAD H4 | Heading into resistanceAUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.90361 which is a pullback resistance.
Stop loss is at 0.90700 which is a level that sits above the swing-high resistance.
Take profit is at 0.89862 which is a pullback support that aligns with the 50.0% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUDCAD: Bearish Continuation & Short SignalAUDCAD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell AUDCAD
Entry Level - 0.9014
Sl - 0.9042
Tp - 0.8958
Our Risk - 1%
Start protection of your profits from lower levels
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In the realm of AUD/CAD intraday analysisGreetings fellow traders,
The upcoming trajectory is set to follow the purple path based on the mid-term analysis.
For intraday considerations, two potential setups emerge:
A prospect at the bottom of the channel, though I advise caution. I am willing to take a quarter of the usual risk for this setup.
Alternatively, the purple zone nested within the yellow zone could present a favorable opportunity for long trades.
Best of luck in your trading endeavors!
Take a look to mid-term analysis!
AUDCADAUDCAD long term view is bullish where we expect price to grow from the current moment and there are three possible three target, possible of reaching all target duration will be by end of the January. Reason for buying is totally based on technical side of the market and charts does show strong bullish bias. Like and Comment ;)
Last Trade of 2023 - AUD/CAD LongMight be the last trade of the year for me. Swing trade on the H4/H1 timeframe confirming the bullish structure with a candle's close above the previous highs. Retest on the H4 OP of the bullish impulse, imbalance closed. Change of structure on the H1 and entry on the retracement. (H4 Bearish candle with rejection and high volumes = high effort, small result for sellers).
Retested 75% quarter of the dealing range (Quarter's theory), targeting the next high. Good luck traders and happy holidays
AUDCAD: Would Aussie_Loonie experience more bearish days? Hello traders,
This is the Daily chart!
Regarding the daily chart, the bullish move that began in late September appears to be a correction rather than a sustained trend.
Introduction:
This analysis delves into the AUD/CAD outlook, focusing on supply and demand dynamics across various timeframes. Keep an eye on potential market reactions to the China Manufacturing Purchasing Managers Index (PMI) release, as it could influence the Aussie.
Technical Analysis:
Bullish Move as a Correction:
The recent bullish move from late September is seen as a correction on the daily chart.
Trade Setup:
Breaking Below 0.88965:
Activation of the red path and a potential long-term bearish move is anticipated if the price breaks below 0.88965.
Breaking Over 0.91000:
A break above 0.91000 could open an opportunity for a long position, with 0.90550 as a potential suitable entry point.
Fundamental Consideration:
Keep an eye on the China Manufacturing Purchasing Managers Index (PMI) release, as it may have a slight impact on the Aussie. Adjust positions accordingly.
Risk Management:
Adjust position sizes based on risk tolerance and maintain a favorable risk-reward ratio.
Be mindful of potential market volatility surrounding fundamental events.
aud/cadTwo trading areas, in my opinion, the price will bounce from them. I added a horizontal line to stop loss. As for the profit, it depends on the method of taking some of the profit and completing with the rest, and so on.
The analysis depends on the gaps between the tails of the candles from which the price bounced at least once.
warning . I do not know the unseen. This analysis may be correct or it may be wrong. Please be wise
AUDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.89700 zone, AUDCAD was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs.
Trade safe, Joe.
AUDCAD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Profitable Moves, Stop Loss Placement, and Shorting OpportunitieReady to embark on the hunt for the next trading ventures?
AUDCAD offers an array of possibilities to satisfy that desire.
For those eyeing buying opportunities, the 4-hourly chart displays a potential Double Bottom retest around 0.8922.
Alternatively, a Bullish Shark Pattern might complete around 0.8878, presenting another entry possibility.
On the flip side, for traders seeking shorting opportunities, the 1-hourly chart indicates a potential Double Top Retest completing at 0.8963.
Alternatively, keep an eye out for a Bearish Shark Pattern completing around 0.9006.
What's your strategy for AUDCAD? Share your thoughts or trade plans in the comments below!
Let's explore these potential setups together. 💬📈
AUDCAD: Long Signal Explained
AUDCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long AUDCAD
Entry Point - 0.8930
Stop Loss - 0.8908
Take Profit - 0.8972
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️