AUDCAD: Bullish Continuation It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDCAD chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals112
AUDCAD SellsI will be selling AUDCAD here as it is showing signs of weakness at the resistance. Price should retrace and fall out of that channel towards the monthly support.Shortby Technical_AnalystZAR0
AUDCAD buy opportunityPRACTICE - Day trading. This is a practice from a new DAY TRADING course I'm taking, for logging purposes. Please do not trade as my analysis might be incorrect. I encourage constructive feedback. If you did trade, make sure the drawing is respected, don't use exact values as they might differ from a broker to another. Explanations: MIN - last minimum point MAX - last maximum point BOS - break of structure SMS - shift in market structure SL - stop loss TP - take profit RR - risk reward OB - order block OB (15) - order block (based on M15) timeframe If you like this kind of ideas follow me for more analysis. Longby gabisuciu0
AUD-CAD Will Keep Growing! Buy! Hello,Traders! AUD-CAD is trading in a Local uptrend and the pair Is making a strong rebound From the wide horizontal Support level of 0.9005 So we are bullish biased And we will be expecting A further bullish move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals113
AUDCAD Possible Sell AUDCAD is bearish and price is respecting the downtrend line. The price was trading sideways for the past three days forming a triple inside candles. The bearish mother candle range is indicated with bold rays. A sell position is possible when price breakdown the up trendline and 0.89518 level. Good LUck Shortby Alpha_54321Updated 4
AUDCAD - CARRY TRADECAD likely to be hit as a funding currency for carry trades AUD will be the strongest currency because they just started cutting rates Technical side : - broken descending trend-line - breakout of accumulation zone - golden cross with retest - overall bullish market waiting to resume BEWARE OF TARIFF HEADLINES AS IT CAN DUMB THE AUD IN A MINUTELongby thelifeIlead_0
AUDCAD: Short Trade Explained AUDCAD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short AUDCAD Entry Point - 0.9016 Stop Loss - 1.9031 Take Profit - 1.8983 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
AUDCAD in bullish trend AUDCAD in bullish trend showing bearish Diversions, Entry with sell stop Shortby shahmir5511
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! 🚀 Shortby Asif_Iqbal_chaudhary2
AUDCADPrice acting as predicted , Now all we can do is wait for is our plan to pan out , patience will be key on this particular trade , followed by discipline , not letting emotions get in the way , trust the process . Shortby CornerHouseTrading0
AUDCADThe pair is holding resistance Refusing to take the upside liquidity.Now waiting for confirmation to enter , as the pair is forming a triple top. For me personally , I would be more convinced if price can at least take one of the tops and close below , otherwise now I will have to mind my risk as this will not be my best setup if there is no liquidity taken above .Shortby CornerHouseTrading0
AUDCAD- SELL FOR NOW hello , good morning , another opportunity in forex trading , Market is pulling down to complete the E Wave in ABCDE Correction. Best of Luck 1. Trade according to your account balance 2. Risk Management 3.Thank you Shortby irfan5411
Navigating Down: AUDCAD Short Opportunity AwaitsAs we delve into the AUDCAD currency pair, a clear selling opportunity has emerged, driven by the insights from our EASY Trading AI strategy. With an entry price set at 0.90111, we aim for a strategic profit target of 0.89863, while implementing a protective stop loss at 0.9035. The rationale behind this bearish outlook is grounded in several factors. First, recent market trends indicate a stronger bearish sentiment, primarily driven by economic reports from Australia that suggest potential slowdowns in growth. This, combined with ongoing geopolitical tensions, may further pressure the AUD against its Canadian counterpart. Moreover, technical indicators align with our prediction, showing that the pair is currently trading near resistance levels, which historically have led to price reversals. The RSI also indicates that the AUDCAD is approaching overbought territory, reinforcing our decision to sell. For those trading this pair, maintaining a disciplined approach with set risk parameters is essential. By adhering to this strategy, traders can harness market fluctuations effectively while mitigating potential losses. Remember, the market requires patience and discipline; it's not just about the signals, but how you manage your trade that counts. Happy trading!Shortby ForexRobotEasy0
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 Shortby AnabelSignals117
Bullish bounce?AUD/CAD is reacting off the support level which is a pullback support that lines up with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.9006 Why we like it: There is a pullback support level that lines up with the 23.6% Fibonacci retracement. Stop loss: 0.8976 Why we like it: There is a pullback support level that lines up with the 61.8% Fibonacci retracement. Take profit: 0.9044 Why we like it: There is a pullback resistance level that is slightly above the 138.2% Fibonacci extension. 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.Longby VantageMarkets7
AUDCADHere's how the anticipated Australian economic data releases may affect the AUD/CAD trade directional bias today by 4;30am Key Data Releases and Potential Impacts: (1)Cash Rate (Forecast 4.10%, Previous 4.35%): Lower than Forecast (AUD Negative): If the actual cash rate is lower than the forecast of 4.10%, it would indicate a more dovish stance by the Reserve Bank of Australia (RBA), suggesting concerns about economic growth. This would likely weaken the AUD, leading to a potential decline in the AUD/CAD. As Expected (Neutral to Slightly AUD Negative): If the cash rate matches the forecast of 4.10%, the impact might be neutral, but the AUD could still face some downward pressure because it confirms the RBA is easing monetary policy. Higher than Forecast (AUD Positive): An unexpected hold or increase in the cash rate would signal a hawkish RBA, strengthening the AUD and potentially leading to an increase in the AUD/CAD (2)RBA Monetary Policy Statement & RBA Rate Statement: These statements provide context and reasoning behind the RBA's interest rate decisions and offer insights into the central bank's economic outlook and future policy intentions. Dovish Statements (AUD Negative): If the statements express concerns about economic growth, highlight downside risks, or signal further rate cuts, the AUD would likely weaken, pushing the AUD/CAD lower. Hawkish Statements (AUD Positive): If the statements convey confidence in the economy, emphasize inflation control, or suggest a willingness to raise rates if needed, the AUD would likely strengthen, potentially leading to an increase in the AUD/CAD. Upcoming Canadian CPI Data (2:30 PM) AND HOW IT WILL AFFECT TRADE DIRECTIONAL BIAS. CPI m/m (Forecast 0.1%, Previous -0.4%): Higher than Forecast (CAD Positive): If the actual CPI m/m is higher than the forecast of 0.1%, it would indicate rising inflation in Canada. This could lead the Bank of Canada (BoC) to maintain a hawkish stance or potentially consider future rate hikes, which would likely strengthen the CAD. Lower than Forecast (CAD Negative): If the actual CPI m/m is lower than the forecast, it would suggest easing inflationary pressures. This could prompt the BoC to consider a more dovish approach, potentially weakening the CAD. Median CPI y/y (Forecast 2.5%, Previous 2.4%): Higher than Forecast (CAD Positive): A higher-than-expected median CPI y/y would signal that underlying inflation is increasing, reinforcing the potential for a hawkish BoC stance. Lower than Forecast (CAD Negative): A lower reading would suggest that underlying inflation is easing, potentially leading to a more dovish BoC. Trimmed CPI y/y (Forecast 2.6%, Previous 2.5%): Higher than Forecast (CAD Positive): Similar to the median CPI, a higher-than-expected trimmed CPI y/y would strengthen the case for a hawkish BoC. Lower than Forecast (CAD Negative): A lower reading would support a more dovish BoC. Common CPI y/y (Forecast 2.1%, Previous 2.0%): Higher than Forecast (CAD Positive): An increase in the common CPI y/y would generally be seen as positive for the CAD. Lower than Forecast (CAD Negative): A decrease could weigh on the CAD. Core CPI m/m (Previous -0.3%): Higher than Previous (CAD Positive): If the actual core CPI m/m increases from the previous -0.3%, it would generally be seen as positive for the CAD. Lower than Previous (CAD Negative): A further decrease could weigh on the CAD. Impact on AUD/CAD: CAD Strengthening: If the CPI data is generally higher than expected, the CAD is likely to strengthen, potentially leading to a decrease in the AUD/CAD. CAD Weakening: If the CPI data is generally lower than expected, the CAD is likely to weaken, potentially leading to an increase in the AUD/CAD. Current Head of the Bank of Canada: The current Governor of the Bank of Canada is Tiff Macklem. He was appointed to the position effective June 3, 2020, for a seven-year term. RBA Policies: The Reserve Bank of Australia (RBA) monetary policies will also influence the AUD/CAD. Trump's Tariff Threat: Bank of Canada Governor Tiff Macklem has stated that President Donald Trump's tariff threats are already having an impact. Economic growth forecasts: The Bank has adjusted its economic growth forecast down to 1.8 percent for 2025. Disclaimer: This analysis is based on forecasts and expectations and is not a guarantee of actual market movements. Trading currencies involves risk, and you should consult with a financial advisor before making any trading decisions. 04:09by Shavyfxhub1
AUDCAD: Bearish Cross kickstarting a decline.AUDCAD is practically neutral on its 1D technical outlook (RSI = 55.879, MACD = 0.001, ADX = 33.394) and got rejected on both the 1D MA100 and MA200 that formed a Bearish Cross. The Channel Down mimics the June 30th 2023 Cross that then pushed the price to the bottom of the Rectangle on the 1.382 Fibonacci extension. Go short, TP = 0.86600. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Shortby InvestingScope119
AUDCAD - Flag Pattern + SetupHello traders AUDCAD has been forming a flag setup on the 4h. Now it has broke the flag and it is time to go long. My entry with sl and tp are as on the chart.Shortby The_WorldyUpdated 4
AUDCAD at BreakoutAUDCAD is at breakout point, can go both side. If we look at the daily trend then its showing some reversal setup and if we see at 1 HTF then its showing divergence at RSI. We can put both side order and can wait for either side breakout.by matifakbar0
AUDCAD AUD/CAD WAIT FOR OPEN MARKET AND WITTING NEWS *** CAD *** 1- Canada Housing Starts 2- Canada Foreign Securities Purchases 3- Canada Foreign Securities Purchases by Canadians Shortby NABILFX_111
AUDCAD Wave CWe have a lower low with bullish RSI divergence, which I'm labeling as green c / blue B. In my primary count, we have already finished green I-II, and are currently on green III. My target is gray resistance at .916.Longby Stoic-Trader0
AUDCAD 166 pips to bag next weekwe going long true resistance broken and market structure shit has happened today, this the only trade you need next weekLongby THEPROTRADERZA1
Bullish Outlook on 4H Chart: Key Fibonacci Levels in Focus AUDCAD appears bullish on the 4-hour chart, with the first resistance level (Level 1) at 0.90550. A breakout above this level could drive the pair toward the next key resistance (Level 2) at 0.91257, aligning with Fibonacci retracement levels.Longby ClearTradingMind2