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AUDCAD trade ideas

AUD/CAD: Short-term Bearish Trend Remains IntactAUD/CAD: Short-term Bearish Trend Remains Intact In our previous analysis, AUD/CAD showed a transformation and tested the resistance zone near the top again. Today, the price has confirmed another larger pattern, indicating a further price decline. From a fundamental perspective, AUD/CAD was also supported by the fact that President Trump extended the Canada and Mexico tariff deadline to April 2. Tariffs were initially supposed to be applied on March 4. This extension provided short-term strength to the CAD. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
3
AUD/CAD Trade Setup: Short at Key ResistanceAUD/CAD has reached a key resistance zone around 0.908 - 0.909, aligning with previous highs and the 200-day moving average. I’ve entered a short position, anticipating a potential rejection from this level. 🔹 Trade Setup: 🔻 Entry: Near 0.908 - 0.909 (Key Resistance) 🎯 Profit Target (Blue Zone): 0.903 - 0.902 🛑 Stop-Loss (Yellow Zone): Above 0.909 🔹 Market Outlook: 📊 Bearish Bias – Price has rejected this zone before, and I’m expecting sellers to step in again. ⚠️ Risk Management – If price breaks and holds above 0.909, the short trade will be invalidated. Watching for bearish confirmation—will we see a rejection, or is AUD/CAD breaking out? Let me know your thoughts below! 👇
Short
by FaithdrivenTrades
1
AUDCAD Set for Bearish Correction After Struggling to RiseAUDCAD Set for Bearish Correction After Struggling to Rise The AUDCAD pair recently broke out from a bearish pattern, suggesting a potential downward movement. While further confirmation is needed to solidify this trend, the pair already appears poised for a continued decline. A minor support zone is located near 0.9010. However, this area may not hold, and there is a strong possibility that the price could breach this support and target the lower levels of 0.8993 and 0.8960. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KlejdiCuni
5
Potential bearish drop?AUD/CAD has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit. Entry: 0.9063 Why we like it: There is a pullback resistance level. Stop loss: 0.9098 Why we like it: There is a resistance level at the 100% Fibonacci projection. Take profit: 0.9006 Why we like it: There is an overlap support level that aligns with the 50% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
"AUD/CAD: Will Bulls Defend Key Support?"🔹Technical Analysis of AUD/CAD (4H Chart) 🔹Market Overview: The AUD/CAD pair is currently trading at 0.90344, showing a minor decline of -0.20% in the latest session. The chart indicates a bullish outlook, contingent on price action respecting key support levels. 🔹Key Technical Levels: ▪️Buying Area: 0.9005 - 0.9030 (Highlighted in green) ▪️Demand Zone: 0.8940 - 0.8960 ▪️ 1st Target (Resistance): 0.90798 ▪️ 2nd Target (Resistance): 0.91361 🔹Trend Analysis: ▪️The price has been in an uptrend from its lows in January, forming higher highs and higher lows. ▪️ The 50-period moving average (red) and the 200-period moving average (blue) are converging, signaling potential support in the buying area. ▪️A retest of the buying zone (0.9005 - 0.9030) is expected before a possible upward continuation toward the 1st and 2nd targets. 🔹Market Sentiment & Trade Plan: ▪️Bullish Bias: If the price finds support in the buying zone and forms a bullish structure, it presents a buy opportunity with a target at 0.90798, followed by 0.91361. ▪️Bearish Risk: If the price breaks below the demand zone (0.8940), bearish momentum could extend further downward. 🔹Conclusion: Traders should watch for price action signals in the buying zone. A confirmed rejection could provide a strong buying opportunity, targeting higher resistance levels. However, a breakdown below the demand zone would invalidate the bullish bias. 😊Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
Long
by SOAM_PRO_TRADER
AUDCAD at Key Support Level – Rebound Toward 0.90000?OANDA:AUDCAD has reached a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 0.90000 level, which represents a logical target within the current market structure. However, a break below this support level would invalidate the bullish bias and could lead to further declines. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
1
AUDCAD at Key Resistance – Will Sellers Step In?OANDA:AUDCAD has reached a significant resistance zone, highlighted by previous price rejections and strong selling pressure. This area has historically acted as a supply zone, increasing the likelihood of a pullback if sellers step in. The current market structure suggests that if the price confirms a rejection from this resistance, we could see a move lower toward the 0.90200 level, a logical target based on past price behavior and current market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
5
AUDCAD at Key Support Level – Potential Rebound to 0.89950OANDA:AUDCAD has reached a significant support zone, marked by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 0.89950 level, a logical target based on the recent market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
1
AUDCAD Will Move Higher! Buy! Please, check our technical outlook for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.904. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.913 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
AUD/CAD "Aussie vs Canadian" Forex Market Bullish Heist PlanBased on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the AUD/CAD "Aussie vs Canadian" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits, Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Buy above (0.90600) then make your move - Bullish profits await!" however I advise to placing the Buy Stop Orders above the breakout MA (or) placing the Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at 0.89900 (swing Trade Basis) Using the 4H period, the recent / Swing Low or High level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 0.92500 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: ╰┈➤AUD/CAD "Aussie vs Canadian" Forex Market is currently experiencing a bullish trend,., driven by several key factors. ╰┈➤Fundamental Analysis Economic Indicators: Australia's GDP growth rate is expected to slow down to 2.2% in 2025, while Canada's GDP growth rate is expected to remain steady at 1.8% Monetary Policy: The Reserve Bank of Australia (RBA) is expected to maintain its interest rates at 0.10% in 2025, while the Bank of Canada (BoC) is expected to raise interest rates to 1.50% Trade Balance: Australia's trade balance is expected to remain in surplus, while Canada's trade balance is expected to remain in deficit Inflation Rate: Australia's inflation rate is expected to rise to 2.5% in 2025, while Canada's inflation rate is expected to remain steady at 2.0% ╰┈➤Macro Economics Global Economic Trends: The ongoing global economic recovery is expected to drive up demand for commodities, including those exported by Australia and Canada Commodity Prices: Commodity prices are expected to rise by 5% in 2025, driven by increasing demand for raw materials Interest Rates: Central banks are expected to maintain low interest rates in 2025, potentially increasing demand for commodities Currency Flows: Currency flows are expected to remain stable, with no significant changes in currency exchange rates ╰┈➤COT Data Non-Commercial Traders (Institutional): Net Long Positions: 40% Open Interest: 80,000 contracts Commercial Traders (Companies): Net Short Positions: 30% Open Interest: 40,000 contracts Non-Reportable Traders (Small Traders): Net Long Positions: 30% Open Interest: 20,000 contracts COT Ratio: 1.1 (indicating a neutral trend) ╰┈➤Sentimental Outlook Institutional Sentiment: 50% bullish, 50% bearish Retail Sentiment: 55% bullish, 45% bearish Market Mood: The overall market mood is neutral, with a sentiment score of +5 ╰┈➤Technical Analysis Trend: The AUD/CAD pair is experiencing a neutral trend, with the market respecting the 20-period Weighted Moving Average (WMA) as dynamic support. ╰┈➤Market Data Analysis Order Book Analysis: The AUD/CAD pair's order book is showing a neutral sentiment, with an equal number of buy and sell orders. Liquidity Analysis: The AUD/CAD pair's liquidity is expected to remain stable, with no significant changes in market participation. Volatility Analysis: The AUD/CAD pair's volatility is expected to remain stable, with no significant changes in market sentiment. ╰┈➤Positioning Long Positions: 50% of total positions Short Positions: 50% of total positions Neutral Positions: 0% of total positions Leverage: 1:1 (average) ╰┈➤Next Move Prediction Bullish Move: Potential upside to 0.92000-0.93000. Target: 0.93000 (primary target), 0.94000 (secondary target) Next Swing Target: 0.95000 (potential swing high) Stop Loss: 0.87000 (below the 30-day low) Risk-Reward Ratio: 1:2 (potential profit of 500 pips vs potential loss of 250 pips) ╰┈➤Overall Outlook The overall outlook for AUD/CAD is neutral, driven by a combination of fundamental, technical, and sentimental factors. The expected stability in commodity prices, neutral interest rate environment, and balanced market sentiment are all supporting the neutral trend. However, investors should remain cautious of potential upside risks, including changes in global economic trends and unexpected regulatory developments. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
1
AUDCAD 2HAUDCAD 2H Fundamentals: •The RBA has made its first rate cut, initiating its rate-cutting process. However, this is more of a symbolic cut rather than a genuine attempt to stimulate the economy. It was essentially a “hawkish cut” from the RBA. •We could see a shift in risk sentiment, with the S&P500 currently in an uptrend but recently rejecting a daily resistance. In my opinion, this rejection is just a minor correction. •Oil is also in a downtrend, which should negatively impact the Canadian dollar. •Furthermore, market expectations for interest rates suggest a hold for both central banks, but with an 80% probability for the RBA compared to 60% for the BoC. •Additionally, since the US dollar is undergoing a short to medium-term correction, this could also weigh on the Canadian dollar due to the positive correlation between the two currencies. Technical Analysis: •On the daily timeframe, we can see a descending triangle that has just broken to the upside. •On the 8H timeframe, there is a clear double bottom on the Bullish TrendLine, which acted as strong support. Price is also returning to the trendline, but more importantly, to Fibonacci levels aligning with a major resistance-turned-support. •Retail traders are predominantly short (91%), confirming a potential buying opportunity. •I am placing a buy limit at the 50% Fibonacci level at 0.90060. •Wide stop-loss as we might see portfolio rebalancing from major institutions due to the end of the month, which could bring volatility. •Take profit at 0.92700. •Risk-to-reward ratio: 3.3. •Half-risk position due to Australian CPI on Wednesday and Canadian GDP data on Friday.
Short
by Marco-kh
AUD/CAD (1H) – Bearish Wedge Formation & Sell SetupMarket Overview: The AUD/CAD pair is currently forming a rising wedge pattern, a bearish signal indicating a potential breakdown. The price is consolidating within support and resistance levels, showing signs of weakening momentum. Key Technical Observations: 🔹 Rising Wedge Pattern: The price is making higher highs (HH) and higher lows (HL), but the structure is narrowing, indicating a potential breakdown. 🔹 Neckline Support: The key level to watch is 0.8990—a break below this support will confirm the bearish move. 🔹 Breakout Confirmation: A break below the neckline will trigger a strong downside move, confirming the wedge breakdown. Trade Setup: 📌 Sell Stop Entry: 0.8990 (Below neckline support) 📌 Stop Loss: 0.9036 (Above resistance) 📌 Take Profit 1: 0.8944 📌 Take Profit 2: 0.8898 Trading Plan: ✅ If the price breaks below the neckline at 0.8990, a sell stop order will be triggered. ✅ A stop loss is placed above the recent resistance at 0.9036 to minimize risk. ✅ If the price reaches TP-1 (0.8944), consider securing partial profits and adjusting the stop loss. ✅ A further decline towards TP-2 (0.8898) is expected if momentum continues. 💡 Conclusion: A breakdown from this wedge structure could lead to a strong bearish move. Traders should wait for confirmation below 0.8990 before entering the trade. 📉 Stay disciplined & trade with a strategy! 🚀
Short
by Asif_Iqbal_chaudhary
AUDCAD Buyers In Panic! SELL! My dear friends, Please, find my technical outlook for AUDCAD below: The price is coiling around a solid key level - 0.9015 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8992 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1