AUDCAD Analysis: Price following a triangle patternAs we can see well the price is following a clear triangle and is headed to the resistance line. We can capture some few pips as we wait it to get there.
If it manages to break the triangle from the top it will be a good buy opportunity. 0.90177 will be our first target(where it is likely to reach before retesting the breakout) and 0.91421 our second target.
Share your views in the comments.
Audcadsignal
AUDCAD approaching support, potential for a bounce!
AUDCAD is expected to drop to 1st support at 0.88801 where it could potentially react off and up to 1st resistance at 0.89492.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD approaching support, potential for a further rise!
AUDCAD approaching support at 0.89297 where it could potentially rise further to 0.90266.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD potential reversal!AUDCAD expected to rise up to 1st resistance at 0.90266 where it could potentially react off and drop down to 1st support at 0.89297.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.89447 where it could potentially rise further to 0.90264.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDCAD TRADE FOR - TODAYFREE ANALYSIS ON AUDCAD
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15 Min
Expecting More downside on AUDCAD. Should test the broken trend-line at around .89864 and we should see More downside after that. watch-out for the buy also if it breaks up.
AUDCAD to climb from upside confirmation, potential bounce!
AUDCAD to climb from its upside confirmation at 0.90226 where it could potentially bounce further to 0.90723.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD approaching support, potential for a bounce!
AUDCAD is expected to drop to 1st support at 0.68914 where it could potentially react off and up to 1st resistance at 0.69448.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD has completed cypher a good long opportunityAfter formation of CRAB pattern the priceline of AUDCAD has formed cypher pattern on 12hr chart.
Now the price action has entered in potential reversal zone and from here it will hit the sell targets soon insha Allah.
The targets are:
Buy between: 0.91372 to 0.91090
Sell between: 0.91594 to 0.92128
Regards,
Atif Akbar (moon333)
AUDCAD approaching support, potential for a bounce!
AUDCAD is expected to drop to 1st support at 0.91863 where it could potentially react off and up to 1st resistance at 0.91334.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD potential reversal!
AUDCAD expected to rise up to 1st resistance at 0.91982 where it could potentially react off and drop down to 1st support at 0.9524.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.