Get started

CANADIAN DOLLAR / AUSTRALIAN DOLLAR

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

CADAUD trade ideas

AUDCAD Approaching Key Support - Rebound Towards 0.90150?OANDA:AUDCAD is approaching a significant support zone, highlighted by previous price reactions and strong buying interest. This area has previously 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 0.90150 level, a logical target based on previous price behavior and current market structure. However, if the price fails to hold this support and breaks below the zone with momentum, the bullish outlook may be invalidated, potentially opening the door for further downside continuation. Monitoring price action and volume in this area will be crucial to confirm a valid setup. 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
25
AUD/CAD – Potential Bullish Reversal from Key Support📊 Chart Analysis 1️⃣ Accumulation Zone : The price previously traded within a rectangular consolidation range before breaking down. 2️⃣ Bullish Reversal Pattern : A falling wedge has formed, indicating a possible breakout to the upside. 3️⃣ Key Support : The price has tested the 0.8980 - 0.8970 zone multiple times and is showing signs of rejection. 4️⃣ Potential Upside : A breakout above 0.9030 - 0.9050 could confirm further bullish momentum. 🚀 Trading Plan: 📌 Entry : On a breakout above 0.9025 🎯 Targets : First target : 0.9100 Extended target : 0.9130 🛑 Stop Loss : Below 0.8965 to minimize risk. 🔔 Confirmation Needed: Wait for strong bullish price action before entering long trades. 🚀🔥
Long
by PIPsOptimizer
2
#AUDCAD: Using 1-Day Time Frame For Intraday Entry! We have been closely monitoring the AUDCAD currency pair for an extended period and believe that selling AUDCAD at the current market conditions presents a more favourable opportunity with a sufficient number of sellers. However, we must acknowledge that we need to wait for the price to approach our entry zone, which will allow us to execute a sell entry with strict risk management. This analysis has identified a single target. We extend our best wishes for your success and encourage you to provide support by liking and commenting on the idea. Team Setupsfx_
Short
by Setupsfx_
3
AUDCAD Approaching Key Resistance — Potential Sell SetupOANDA:AUDCAD is approaching a key resistance zone, highlighted by strong selling interest. This area has historically acted as a supply zone, increasing the likelihood of a bearish reversal if sellers step in. The current market structure suggests that if the price confirms resistance within this zone, we could see further downside movement. A successful rejection could push the pair toward 0.90700, a logical target based on prior price behavior and the current structure. However, if the price breaks and holds above this resistance, the bearish outlook may be invalidated, potentially leading to further upside. 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
27
AUDCAD Trading Opportunity! BUY! My dear subscribers, My technical analysis for AUDCAD is below: The price is coiling around a solid key level - 0.9004 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.9043 My Stop Loss - 0.8981 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses 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
Long
by AnabelSignals
1
AUDCAD: Important Zone Detected 🇦🇺🇨🇦 I see a test of a significant supply zone on AUDCAD. It is based on a recently broken horizontal support cluster and a rising trend line. I believe that the selling orders will accumulate within that area. Chances will be high that the price will drop from that at least to 0.898 support. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
AUDCAD KEY LEVELS TO WATCH 121 BULLISH Hello traders, I hope you’ve had a fantastic trading week! This week we’ve been closely monitoring AUDCAD, and the market continues to offer a high-probability bullish setup, especially when we zoom out and line up our multi-timeframe structure. 🟩 Daily Chart – 1:1 Symmetry & Bullish Pattern As we can see on the daily timeframe, price respected the prior harmonic rhythm and completed a perfect 1:1 AB=CD structure at 0.89665. This symmetry lands exactly on a rising trendline from earlier this year and has already sparked a minor bullish reaction. XA = CD symmetry confirms harmonic balance. The entry level is 0.90085, with a stop below 0.89647. The price is now testing the structure from above — a sign of healthy re-accumulation. 🌀 4H Chart – Cypher Completion Holding On the 4H chart, the potential Cypher pattern has completed and so far held well. The CD leg dropped into the ideal PRZ and bounced, giving us a confluence with the 1D symmetry pattern. We’re monitoring a potential long trigger above 0.89916. This is a spot where bulls have to prove themselves — above the entry we may see momentum pick up again. 📊 1H Chart – Rectangle Channel Still Intact Dropping to the 1H view, AUDCAD continues to trade within a well-defined rectangle channel. We're yet to see a strong breakout from the 0.90292 upper level, but the tight consolidation just beneath it tells us accumulation might be in play. ✅ Conclusion Bullish structure remains valid from the daily down to the hourly view. We're now watching for volume and confirmation above 0.90085 and 0.90292 to open the gate for upside targets: 38%: 0.90716 62%: 0.91355 78%: 0.91835 Until then — we stay patient, protect risk, and let the structure mature.
Long
by TradeChartPatternsLikeThePros
AUDCAD RE. CHANNEL AND KEY LEVELS Hello awesome traders i hope you have had a great trading week, let's have a look at the AUDCAD presenting a great trading opportunity. Price is breaking above the trendline breakout at 0.90931, signaling a potential bullish continuation. 📈 Trade Setup: ✅ Breakout Level: 0.90931 (Key resistance turned support) 🎯 First Target: 0.91732 (Mid-range resistance) 🎯 Second Target: 0.92816 (Upper resistance) ❌ Stop Loss: Below mid-support at 0.90122 🧐 Key Observations: 🔹 The breakout needs sustained momentum for confirmation. 🔹 A pullback to retest 0.90931 could provide a better entry. 🔹 If price fails to hold above 0.90931, a dip back to 0.90122 is possible. 📊 Market Sentiment: 📌 Monitor volume and momentum at the breakout zone. 📌 If buyers hold above 0.90931, it strengthens the bullish outlook. 🔥 Keep an eye on price action for confirmation before scaling in! 🔥 Have an amazing weekend, trade safe and may the pip be with you !!
Long
by TradeChartPatternsLikeThePros
2
AUDCAD | Reoccurring FractalsWe're looking at 3 complete fractals and the fourth one being the current one. Same phase as the last, a bit of sideways trading/consolidation then aggressive buying breaking out to the upside. Price action has been trending upwards with HHs and HLs and we're currently at a Lower High bouncing off the lower trendline below. Would be ideal to look for long positions only for this setup as bulls are looking stronger from this view. ~300pips going into the 3rd wave.
Long
by Nathanl19
AUD/CAD Buyers Aim to Establish a Short-Term UptrendTechnical Analysis On the hourly chart, AUD/CAD is attempting to complete a short-term bullish reversal pattern that began forming after the pair established a base at the psychological level of 0.90000. Buyers have successfully pushed the price above the resistance at 0.90189, gaining proximity to the 100-period moving average—a key area of interest. A sustained move above 0.90240 would confirm bullish continuation, exposing the next upside targets at 0.90306, 0.90378, and 0.90495. Momentum indicators support this scenario, as RSI trends higher and MACD shows expanding bullish bars. However, if sellers return and drive the price below 0.90000, the bullish setup would be invalidated, suggesting a renewed downside risk. Fundamental Drivers With no major releases from Canada, the focus shifts to Australian fundamentals. February’s PMI rebound suggests resilience in the Australian economy, providing a fundamental backdrop for AUD strength. Market participants will remain attentive to upcoming data, but in the short term, sentiment appears to favour the Aussie.
Long
by Errante
AUDCAD - Bulls Steppin in!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈AUDCAD has been overall bullish trading within the rising wedge pattern marked in blue. Today, AUDCAD is retesting the lower bound of the wedge. Moreover, it is approaching its previous weekly low. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of weekly low and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #AUDCAD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TheSignalyst
4