#AUDCAD: 550+ Swing Sell Intraday Setup Idea! The AUDCAD has hit a major snag and is currently rejected from that area. The way the price has been moving lately has completely changed our minds, so we’re now completely bearish.
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About Australian Dollar/Canadian Dollar
The Australian Dollar vs. the Canadian Dollar. Both of these currencies are regarded as commodity currencies and are considered to be a relatively stable currency pair. The CAD fortunes are closely related to the U.S. because it is their largest trading partner and neighbor. The AUD is more effected by its alignment with Australia and emerging Asian markets.
#AUDCAD: Following a sell off, we might see price filling FVG. AUDCAD plummeted due to the NFP data, causing a record low price. However, it left a significant void area. The price has changed its behaviour, showing an increasing bullish presence. We only have one target where the price is likely to drop again heavily.
Good luck and trade safely. Like and comm
AUD-CAD Will Fall! Sell!
Hello,Traders!
AUD-CAD made a retest of
The horizontal resistance
of 0.8880 then established
A double top pattern so we
Bearish biased and we will
Be expecting a furter
Bearish move down
Sell!
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Lingrid | AUDCAD shows Contraction - EXPANSION patternFX:AUDCAD market has formed a range after successfully breaking through the triangle pattern. Price broke and closed above the 0.88500 key level, confirming the bullish bias. On the daily timeframe, an engulfing candle has formed, demonstrating bullish dominance in the market. Furthermore, the pric
AUDCAD Technical & Order Flow Analysis (Swing Trade)Our analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view, the price will fall to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that
Bullish rise?AUD/CAD is reacting off the pivot and could rise to the 1st resistance.
Pivot: 0.88549
1st Support: 0.87948
1st Resistance: 0.89499
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 CFD
AUDCAD Buy ForecastAUDCAD New Forecast👨💻👨💻
This is my personal trade and not in anyway a mandatory setup.
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
Please support this idea with a L
Bullish momentum to extend?AUD/CAD has bounced off the support level which is a pullback support and could potentially rise from this level to our take profit.
Entry: 0.88518
Why we like it:
There is a pullback support level.
Stop loss: 0.87962
Why we like it:
There is a pullback support level.
Take profit: 0.89544
Why we
AUDCAD short setupAUD/CAD Short Trading Plan (Daily Timeframe)
Simple Setup:
Wait for price to approach and test the 20-day SMA (currently around 0.88419)
Look for a clear rejection from this level, shown by a bearish daily candle
Major resistance zone: moving average, and resistance retest
Break of support level
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of AUDCAD is 0.88763 CAD — it has decreased by −0.087% in the past 24 hours. See more of AUDCAD rate dynamics on the detailed chart.
The value of the AUDCAD pair is quoted as 1 AUD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 AUD.
The term volatility describes the risk related to the changes in an asset's value. AUDCAD has the volatility rating of 1.05%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCAD showed a −0.12% fall over the past week, the month change is a −1.97% fall, and over the last year it has increased by 0.24%. Track live rate changes on the AUDCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
AUDCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade AUDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with AUDCAD technical analysis. The technical rating for the pair is neutral today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the AUDCAD shows the sell signal, and 1 month rating is strong sell. See more of AUDCAD technicals for a more comprehensive analysis.