AUDCAD Analysis H1Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Audcadanalysis
DeGRAM | AUDCAD trend continuation oppportunityAUDCAD broke and closed below the support level that became resistance.
The market is making low lows and lower closes in the descending channel.
Price action is likely to move down from the kill zone.
We expect a trend continuation trade.
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AUDCAD Will Fall From Falling Resistance!AUD-CAD was going up
After the pair made a rebound
From the local bottom but
The pair is still in the downtrend
And is trading in a below
The falling resistance
So after the retest I think
That a move down is
Very likely !
DeGRAM | AUDCAD pullback tradeAUDCAD is pulling back to the psychological level 0.90000 in the ascending channel.
The market is making low lows and lower closes, indicating a bearish trend .
Price action is likely to move down from the kill zone since we have a bearish trend .
We expect a trend continuation trade.
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#AUDCAD - Long 4H☑️Broke the structure on the 4 hour timeframe
☑️Lots of liquidity at the bottom
If we break the red level on the 4H timeframe, the analysis becomes invalid🙅♂️
Good luck 🙌💪
AUD/CAD +200 Pips 0 Drawdown,New Entry Added To Who Missed FirstThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD Short Bearish gets strongerAustralia's ties to China and the 'hard' commodities it produces have fostered a historical relationship between the local currency and precious metals. The value of the Canadian Dollar is strongly correlated with the price of crude oil as the country remains a dominant exporter of the commodity. Both currencies are therefore sensitive to broader commodity price trends.
AUD has been hurt by a mix of factors recently: a setback in risk sentiment amid the lack of meaningful progress in Washington over raising the debt limit, a trimming back of rate cut expectations after hawkish speak from US Federal Reserve officials, and underwhelming Australia data (jobs data being the most recent).
This puts increased focus on Australia retail sales data for April due Friday – forecast to have slowed to 0.1% on-month from 0.4% previously.A below-expected print could precipitate a decline in AUD. Also, a higher-than-expected US core PCE price index print (expected to remain flat at 4.6% on-year) could boost USD.
AUD/CAD’s fall below a horizontal trendline from April at about 0.8950 has triggered a minor double top (the April and the May highs), potentially exposing downside risks toward 0.8800. The bearish development follows a failure to cross above stiff resistance on the 89-day moving average (see the daily chart).
AUDCAD Buy TF H4 TP = 0.8947On the 4-hour chart the trend started on June 30 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.8947
But do not forget about SL = 0.8740
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
Potential Bullish Signal: Why I'm Watching the 0.875 Level?In the Daily charts, we've now retraced 100% of our last leg up . You can see right below the starting point of the leg up, we have a Weekly Demand/Buy zone beginning around the 0.875 level. Bulls might find this an enticing target for market entry, on a bullish signal.
This area could potentially be a 'STOP HUNT' zone. As we all know how retail traders often set their stops under swing lows, as taught in many trading books.
My buy strategy involves seeking buy signals as we approach the 0.875 level. There might be a brief plunge to this level, followed by a sharp upward move.
This is a short term trade idea , my target will be aiming for the 0.90 area with a stop loss set below 0.863. I will be looking for bullish signals on the lower timeframes using my TRFX indicator.
I hope you find this analysis helpful. Happy trading!
sell setup for audcad the price now is trading out the up-channel
and also below the support level now turned into resistance
so we expect more continuation to the downside
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don't forget your risk management
follow for more :))
AUDCAD Bullish viewEntry point :- 0.88421
Stop lose :- 87930
Target 1 :- 0.88912
Target 2 :- 0.89403
Target 3 :- 0.89894
Target 4 :- 0.90385
AUDCAD BuyAUD is much stronger than CAD. I believe that AUDCAD pair will rise same as it was fall. Better to look buying opportunities on it.
AUDCAD Idea H1Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD LongOANDA:AUDCAD
RSI was in a long oversold and it has ended. The price has also reached a very important support level. The key points for the target are the 38%, 50%, 61.8% and 88% Fibonacci percentages. what's your opinion?
AUD/CAD Giving Good Bullish P.A , Can We Buy It Now ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
#AUDCAD - Long 1H☑️Broke the structure on the 1H timeframe
☑️Lots of liquidity on the left side
If we break down the red level on the 1H timeframe, the analysis becomes invalid🙅♂️
Good luck 🙌💪
AUDCAD Long Term Trading IdeaHello Traders
In This Chart AUDCAD HOURLY 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.
AUD/CAD - Short; Decisive break, SELL this this for good.Lock and load (Short) and forget it. The Chinese collapse will take down the Aussies, right along with them. 'nough said.
(Might wanna amuse yourself with the Aussie real estate bubble! They have built enough - empty, ridiculously overpriced - stuff to house half of China. - Perhaps the half that is about to lay down and die, due to old age?! ...) Pahleeeease ...
AUDCAD Analysis H1Here is my analysis for AUDCAD on H1 by using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DeGRAM | AUDCAD broke out of the ascending channelAUDCAD is testing the support level as well as the psychological level of 0.89000 .
The market pulled back to the support level, which is the kill zone: support + 61.8% fibo.
If price action creates a double bottom, it is going to be double confirmation.
Price action is likely to retest the resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD Looking to go shortThis pair broke below the significant s/r zone around 0.9000 and is now pulling back towards it.
I am looking for signs of a bearish continuation in that area.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
AUDCAD forecast 19June2023The bullish channel formed has now been broken with a series of bearish candles, this is a sign of a reversal even though it is minor. There is a high probability that the bearish will continue if the price can touch the 0.618 fibo retracement area.
