Get started

Australian Dollar/Canadian Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

AUDCAD trade ideas

AUDCAD Shorting OpportunityHi traders, I want to highlight a shorting opportunity for AUDCAD that seems well-suited for medium to long-term traders. Earlier in April, this pair broke a significant support level that had been established throughout 2024. For any breakout to follow through, we typically see the price revisit the rising trend line, which is currently acting as resistance. The combination of the round number at 0.90 and strong resistance above makes this pair a compelling candidate for a drop. The risk-to-reward ratio is 1 to 2, and please note that the pair recently reached just under 10 pips away from the round number at 0.90. Trading Setup: - Entry: 0.8962 - Stop Loss (SL): 0.9139 - Take Profit (PT): 0.8609 I wish you all the best and encourage you to check out my three previous calls on USD pairs that I’ve attached to this post. Happy trading! Ehsan
Short
by khansalarehsan
2
AUDCAD Bullish Momentum: Pullback Setup in Play!📈 AUD/CAD Technical Outlook 📈 I’m currently analyzing the AUD/CAD currency pair, and it's showing a strong, sustained bullish trend on the daily timeframe 🔥. We’re seeing a clean sequence of higher highs and higher lows, which keeps my bias firmly bullish ✅. I’m waiting for a pullback into equilibrium — that’s around the 50% level of the current or previous price range 🎯. If price retraces into this zone, I’ll be looking for a high-probability entry setup on the 4H and 30-minute timeframes ⏱️. 🎯 Target: Previous daily highs, as marked in the video. This setup aligns with classic trend continuation principles, and I’ll be watching for confirmation before executing any trade. ⚠️ Disclaimer: This is not financial advice. Always trade based on your own analysis and risk management rules. 💼📊
Long
by fxtraderanthony
AUDCAD - SNIPER PRECEISE SHOT SELLING ENTRY - FIB GOLDEN LEVELHI Guyz, Based on sentiments of traders across the globe , 93 % of the traders are currently looking at selling the AUDCAD. I anticipate this would retrace to the 0.382 Level of FIB and take this opportunity to short sell. Formation of Shooting Star candle stick pattern further confirms the possibility that HH is formed and now it will take corrective move. STOP LOSS and TP1, TP2 and TP3 are defined with R:R of 1:1, 1:2 and 1:3 respectively. Happy Trading and Thanks Me later ! Regards, ProTradeProfessor!
Short
by ProTradeProfessor
AUDCAD Technical Analysis! SELL! My dear friends, Please, find my technical outlook for AUDCAD below: The instrument tests an important psychological level 0.9001 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8965 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
AUDCAD SHORT FORECAST Q2 W20 D14 Y25AUDCAD SHORT FORECAST Q2 W20 D14 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅ Weekly order block ✅Intraday 15 order block ✅Tokyo ranges to be filled ✅ Trade towards the 50 EMA's on all time frames 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
2
AUD/CAD - Is this a turning point?!We are currently sitting at a very high-probability area for potential downside continuation! 🔎 Key Observations: Elliott Wave Count: We have completed waves (1)-(3) and are currently finalizing a corrective wave (4) into a critical supply zone. 71% Fib Retracement: Price has retraced deep into a typical exhaustion zone for wave (4) setups — extremely common before the major trend resumes. Supply Zone: Clear rejection visible near 0.90500 area; price is showing early signs of weakness. MACD: Bearish cross aligned perfectly with supply pressure. Momentum indicators are favoring bears. Volume Spike: High volume during the wave (3) selloff confirms real seller presence behind this move. 📈 My Plan: Watching for bearish confirmation (weak candles, rejections) in this supply zone. Expecting a potential wave (5) extension lower, targeting sub-0.82000s over the next several months. Risk Management: Stops placed above 0.9100 structure if activated. 📢 Summary: The trend is still bearish — we are just seeing a corrective rally. Big money tends to load shorts on these pullbacks... Don’t miss this potential monster setup! 🔥 💬 Drop a comment if you're watching AUD/CAD too! 🔔 Follow me for more high-probability setups each week! #Forex #AUDCAD #ElliottWave #SupplyAndDemand #TradingSetup #SwingTrade #Bearish Would you also like me to make a second version that's even shorter (for quick engagement) or one that sounds a bit more aggressive and hyped (depending on the style of your audience)? 🎯
Short
by jamesibartram
Steal the Show: AUD/CAD Bullish Bank Run!🌍 Greetings, Wealth Warriors & Market Mavericks! 👋😎💸 Hey there, global traders! Ready to crack the vault on the AUD/CAD "Aussie-Loonie" Forex Heist? 🏦💰 Based on our slick *Thief Trading System* blending technical precision and fundamental vibes, here’s the ultimate plan to snag profits. Follow the chart’s long-entry blueprint and aim to cash out near the high-stakes Red Zone—a wild spot where overbought signals, consolidation, and bearish traps lurk. 💪🎯 Stay sharp, grab your loot, and treat yourself—you’ve earned it! 🍾🚀 🔑 Entry 1: “The vault’s open! Spot the MA breakout at 0.90500 and dive in—bullish riches are calling!” Pro move: Set buy stop orders above the Moving Average or buy limit orders at the latest 15/30-min swing low/high for pullback action. 📊 Add a chart alert to catch the breakout wave! 🌊 🔑 Entry 2: “The heist is on! Stalk the MA pullback in the Market Maker’s Trick Zone at 0.89200, then strike—fortune loves the fearless!” 🛑 Stop Loss: “Listen up, crew! 🗣️ For buy stop orders, hold off on setting that stop loss until the breakout kicks in. 🚀 Place it at the spot I’ve marked 📍, or go rogue at your own risk—don’t blame me if the market bites! 😜 Your trade, your rules, your fire. 🔥” 📍 Thief SL set at the nearest swing low on the 4H timeframe for swing trades. 📍 Size your SL based on your risk, lot size, and number of orders. 🎯 Target: 0.91500—or make a smooth exit near the target zone. 🏴‍☠️ 👀 Scalpers, heads up: Stick to long-side scalps. Got deep pockets? Jump in now! Otherwise, team up with swing traders for the grand heist. Use trailing SL to lock in your cash. 💰🔒 📡 Why’s AUD/CAD hot? The "Aussie-Loonie" is riding a bullish surge, fueled by key drivers. 📰 Dive into fundamentals, COT reports, sentiment analysis, intermarket trends, and future projections. Check the linkss for fundamentals, macro trends and market outlooks for the full scoop! 🔗🌐 ⚠️ Trading Alert: News Flash & Position Safety 🗞️🚨 News drops can shake the market like a storm. 🌪️ To protect your trades: - Skip new entries during news releases. 🚫 - Use trailing stop-loss orders to secure profits and shield your positions. ✅ 💥 Boost Our Heist! 💪 Hit that Boost Button to supercharge our Thief Trading squad. 💸 Crush the market daily with our slick strategies. Together, we’ll stack profits with ease! 🤝❤️🎉 Catch you at the next heist, traders—stay locked in for more! 🤑🐱‍🚀✨
Long
by Thief_Trader
AUDCAD 1 hour possible Double Bottom📉 Technical Overview 1. Pattern in Formation: Potential Double Bottom Price action suggests a potential double bottom pattern forming around the 0.88800–0.88900 support area. A neckline is clearly identified around the 0.89300 level. Price is currently between the second low and the neckline — an important “watch zone.” 2. Confirmation Required The double bottom is not confirmed yet. A valid long trade setup would require a clear breakout and close above 0.89300 (neckline resistance). 3. Target & Risk The projected move (measured from the neckline to the bottom of the pattern) gives a target around 0.89740. That’s approximately +42–43 pips from the breakout point, offering decent risk-to-reward potential. ✅ Trade Idea (Upon Confirmation) Buy Entry: After a 1H candle closes above 0.89300. Stop Loss: Below the second bottom – around 0.88900 or slightly below. Take Profit: Around 0.89740 (measured target of the pattern). Risk:Reward Ratio: Approx. 1:2, favorable for a breakout trade. ⚠️ Caution If price fails to break above the neckline and reverses, it may revisit the 0.88800 zone or even break down — invalidating the setup. Monitor Canadian and Australian economic news, especially commodity data or employment figures, for volatility spikes.
Long
by Forexbeats
1
AUD/CAD Short🔻 AUD/CAD Short Setup (High-Probability Rejection Play) 🔹 Entry Zone: 0.8990 – 0.9060 Ideal entry: 0.9020 (mid-zone if price stalls or forms a wick) 🔺 Stop Loss: 0.9120 (above all 2023–2024 highs and structure traps) This SL protects you from a true breakout 🎯 Targets: TP1: 0.8800 (prior swing lows / first clean zone) TP2: 0.8650 (mid-range support with confluence) TP3 (extended): 0.8500 (range bottom — aggressive but clean if momentum kicks in)
Short
by tradercat2025
AUDCAD chart patterns analysisANALYST´S NOTE: Analysis done by me, text for my view on the charts is generated by screenshot sent to ChatGPT - Tommi Za 🔍 Technical Analysis 🧱 Market Structure & Setup Price has reached a key descending trendline (marked with thick dashed line) that has held since late 2023 — major structural resistance. A double top (HH) appears to be forming just below this level, suggesting potential reversal. An ascending wedge is in play, and price is now threatening a breakdown from it. Structure shows: Higher lows (HL) into resistance. Potential loss of bullish momentum near 0.90 psychological zone. 🧩 Confluences for Short Bias Touch of the multi-month descending trendline. Failure to break above horizontal resistance (orange line). Loss of momentum from RSI, which is rolling over from near the 60 level — a typical rejection zone in downtrends. Price closing below 50 EMA and threatening the wedge base confirms the loss of strength. 🎯 Trade Plan Short bias below the wedge base. Targeting demand zone marked in blue (0.8580–0.8650 approx.). First confirmation comes on a clean break below trendline support + EMA rejection. 🧠 Fundamentals 🇦🇺 AUD – Weak Bias The RBA is largely neutral now, with limited scope for hikes due to softening domestic demand. Australian labor market is cooling, and CPI is under control. Risk-off sentiment globally tends to hurt AUD, especially with falling commodity prices. 🇨🇦 CAD – Mixed but Firming Slightly CAD is weaker recently due to falling oil, but relative to AUD, it has held ground better. The BoC is also on pause but not under the same easing pressure as the RBA. If oil stabilizes or risk sentiment improves, CAD could gain back some strength. → Net Fundamental View: Slightly Bearish AUDCAD Both currencies are soft, but AUD is more exposed to global risk sentiment and slowing Chinese demand. CAD's relative resilience and positioning near a major technical rejection area strengthens the short case. 📌 Summary Factor Signal Structure Rejection at long-term trendline, double top Pattern Rising wedge, breaking down RSI Rejection under 60, bearish momentum shift EMAs Price stalling below key averages Fundamentals AUD weaker than CAD in current environment Target Demand zone ~0.858–0.865 Entry Trigger Breakdown + lower high or retest of structure 🧨 Risk Note: If price flips above the current double top and holds, invalidate the short bias. A daily close above the wedge highs would signal trend continuation. 🔍 Technical Analysis 🧱 Market Structure & Setup Price has reached a key descending trendline (marked with thick dashed line) that has held since late 2023 — major structural resistance. A double top (HH) appears to be forming just below this level, suggesting potential reversal. An ascending wedge is in play, and price is now threatening a breakdown from it. Structure shows: Higher lows (HL) into resistance. Potential loss of bullish momentum near 0.90 psychological zone. 🧩 Confluences for Short Bias Touch of the multi-month descending trendline. Failure to break above horizontal resistance (orange line). Loss of momentum from RSI, which is rolling over from near the 60 level — a typical rejection zone in downtrends. Price closing below 50 EMA and threatening the wedge base confirms the loss of strength. 🎯 Trade Plan Short bias below the wedge base. Targeting demand zone marked in blue (0.8580–0.8650 approx.). First confirmation comes on a clean break below trendline support + EMA rejection. 🧠 Fundamentals 🇦🇺 AUD – Weak Bias The RBA is largely neutral now, with limited scope for hikes due to softening domestic demand. Australian labor market is cooling, and CPI is under control. Risk-off sentiment globally tends to hurt AUD, especially with falling commodity prices. 🇨🇦 CAD – Mixed but Firming Slightly CAD is weaker recently due to falling oil, but relative to AUD, it has held ground better. The BoC is also on pause but not under the same easing pressure as the RBA. If oil stabilizes or risk sentiment improves, CAD could gain back some strength. → Net Fundamental View: Slightly Bearish AUDCAD Both currencies are soft, but AUD is more exposed to global risk sentiment and slowing Chinese demand. CAD's relative resilience and positioning near a major technical rejection area strengthens the short case. 📌 Summary Factor Signal Structure Rejection at long-term trendline, double top Pattern Rising wedge, breaking down RSI Rejection under 60, bearish momentum shift EMAs Price stalling below key averages Fundamentals AUD weaker than CAD in current environment Target Demand zone ~0.858–0.865 Entry Trigger Breakdown + lower high or retest of structure 🧨 Risk Note: If price flips above the current double top and holds, invalidate the short bias. A daily close above the wedge highs would signal trend continuation.
Short
by TommiZa
AUDCAD SHORT FORECAST Q2 W20 D15 Y25AUDCAD SHORT FORECAST Q2 W20 D15 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅ Weekly order block ✅Intraday 15 order block ✅Tokyo ranges to be filled ✅ Weekly 50 EMA 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
AUD/CAD BEARS WILL DOMINATE THE MARKET|SHORT Hello, Friends! We are now examining the AUD/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.887 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
Market Insights with Gary Thomson: 5 - 9 MayMarket Insights with Gary Thomson: Fed and BoE Rate Decisions, Canada Jobs, Earnings Reports In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in! In this episode, we discuss: — Fed’s Interest Rate Decision — BoE’s Interest Rate Decision — Unemployment Rate in Canada — Corporate Earnings Statements Don’t miss out—gain insights to stay ahead in your trading journey. This video represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
4