AUDCAD - mid to long-term 'Buy' idea- Convergence on both the H4 and daily chart - MACD, (higher timeframe) - Correction waves are forming (flat waves) - EMA 34/55 crossing, indicating bullish momentum PS: Please do your analysis at the same time.Longby shambolicFXUpdated 1
AUDCAD - ShortLooking on the 4hr timeframe, we can see the pair trading around a major resistance level. This is the first time that price has tested this region since it formed on the 24th Jan 2024. The bias is mixed on this pair and it does have the ability to retrace much higher. Retail trader sentiment Platforms like DailyFX and IG report a majority of retail traders holding short positions (around 85% according to Myfxbook), but this doesn't represent the entire market. Potential slowdown in the Chinese economy China is a major importer of Australian iron ore, and a slowdown could decrease demand and weaken the AUD. Rising interest rates in the US The Federal Reserve is expected to continue raising interest rates in 2024, which could strengthen the USD and put downward pressure on the AUD/CAD pair. We have high impact news tomorrow on Employment Change and Unemployment Rates out of Canada which can really help move this pair. AUDCAD Short Entry: 0.89070. Stop: 0.89240 TP: 0.883 Trade safe, max 1% risk. Shortby xrpbilbsUpdated 9
AUDCAD H4 TIMEFRAME Price may possibly go bullish tomorrow as price is seen trading around 0.89100. This. ZOne is likely to provide a bullish breakout opportunity Target is swing high 0.90610Longby Cartela2
AudcadStill have a bearish bias, still retesting previous level of support with 2 rejection candles Shortby Fxphil_tradeUpdated 4
AUDCAD→ Day Analysis | BUY SetupFeb 26 Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . AUDCAD long ! Great BUY opportunity AUDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰Longby TheGroveUpdated 3310
AUD/CAD +90 Pips 0 Drawdown,2 Long Entries Valid After D ClosureThis 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.Long00:47by FX_Elite_Club2
AUDCAD bullishIt is based on indicators, on H4 and daily S/R. It is no financial advice. I am not a profi.Longby Sarka11
AUDCAD..SHORTOANDA:AUDCAD A short position can be taken on the specified levels There is no position before reaching the surfaceShortby ForexCSPUpdated 5
AUDCADbullish flag 4 hr. TIME FRAME daily bullish buy at retesting of support tp stop loss as mentioned in charts good luck Longby SurgiForex2
Lingrid | AUDCAD breakout of the Downward CHANNELThe price perfectly fulfills my last idea. The market moved up from support and hit the target. The market has tested the support level and rebounded from it, forming a double bottom. The price broke out of the downward channel. The market is heading toward a resistance zone. I think if the market pulls back and rejects the support level and trendline, then we can see bullish moves. I expect the price to retest the resistance zone because the market shifted to bullish on the 4H timeframe. My target is the resistance around 0.89200 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid2219
AUDCAD 📈 Long Day Trade Idea ✔Price is inside the dense demand supply level and has already tested the demand-support level, which gives us hope of increasing to the supply area which is our minor resistance. Let's go Babyyy! 🙌🏽😎❤Longby TetanForexUpdated 4
AUDCAD long position.AUDCAD looks like it'll start going up from here to reach its next resistance level. Longby ScottyPierceUpdated 2
AudcadRetesting daily resistance, (double top) waiting for rejection and confirmation before sell offShortby Fxphil_trade2
AUDCADHello traders, I just want to share my trade with the trading view family, good luckLongby KechFx1
AUDCAD - NEW BREAKOUT 🚀 Hi Traders ! After a Huge Bullish Move, The AUDCAD Reached The Resistance Level. Currently, The Price Formed a Descending Triangle. The Resistance Line is Broken. So, I Expect Another Bullish Move📈 ------------ TARGET: 0.88880🎯 Longby Hsan_BenhmedUpdated 7710
AUD/CAD BULLISH INVERS H&SLooking for any buy opportunities since price is breaking out the bearish channel and the inverse h&s we are sure that eventually price will push to the upside..Long02:21by PHOMOLO99990
AUDCAD Breakout and Potential retraceHey Traders, In today’s trading session we are monitoring AUDCAD for a buying opportunity around 0.88500 zone, AUDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.88500 support and resistance zone.Longby JoeChampion333
AUDCAD - BULLISH FLAG ?!i just show for your yeah it a chart pattern bullish flag isn't it?? please share disclaimer this is not a signal thanksyou i just learn about chart patternLongby dorissim1
What's next for AUDCAD?🤔Hi traders.. after we've continuation correction we breaked the flag and we're getting ready for next move Longby Samfxb0
The best way to approach the market is check higher time frame.Basic steps how to follow the market direction of the higher time frame to simplify your life. AUDCAD Analysis. Long05:53by godfreyngwana2
AUD/CAD SHORTAUD/CAD SHORT "break of structure + 72% fib retracement + supply area "Shortby elyes_hantous225
AUDCAD : I'm boarding this bearish channel ! My presumed scenario is that bearish resistance is forming on the pair. The rebound is taking place on volumes worthy of this hypothesis. If confirmed, resistance would become the new upper bound of the downtrend channel started on February 20, and the pair could plunge straight to my TP, which is none other than the channel's lower bound!Shortby ForexGoldenBoyUpdated 1