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Audcadanalysis

AUDCAD | Might get a Sell Opportunity.When it comes to the technical analysis of AUDCAD , you might get an impulse to the downside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a sell opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area; which used to be a support area. And also don't forget to place the stop just above the entry area. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. If you find this technical analysis useful, please like & share our ideas with the community. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by maxprofwizard
Audcad weekly forex analysis with weekly forex trading strategy AudCad Weekly forex analysis with weekl forex trading strategy from 25th, April, 2022 This pair has a same scenario as the analysis we shared on AudUsd (please check) Fundamentally, Retail sales report from Canada  released on 22,Apr, 2022 saw some median impact effect on the market in the bearish direction. We should be expecting on the 26th, April, 2022, the BOC Governors speech  by 1:55 pm (NGN time) and inflation rate report from Australia on the 27th, April, 2022.  Sentimentally, let’s not forget that AudCad is purely a commodity based pair and for the meantime as Oil prices are still on the High demand with Canada being the third largest exporters, we could see some appreciative rise in Cad against the Aud   Technically, Just as we have in Aud usd, (please refer). Price is approaching from a weekly supply zone as shown and price has broken and closed below the moving average creating an unmitigated zone  on the 4hr chart around 0.9255 . I would be watching if price would react to that supply zone to be mitigated to take a short trade on the AudCad and hold till price reaches for the daily Demand zone around 0.8896.  Let’s go take some risk, let’s go make some money. As always, your comments and ideas are very much appreciated and welcomed.
Short
by MillionaireLogistics
AUDCAD Continuing with Uptrend?Looking over the AUD/CAD chart, This is what I came up with, It's possible for OANDA:AUDCAD , To continue uptrending up until 0.96900, This can be a long-term trade, here are some of the insights into these graphs, that give enough information of why I think we might be going back up again : The Relative Strength Index is about to reach the 30.00 Mark, Which symbolizes that our Graph is oversold on the 4H time graph Our graph has touched the 4H Trendline It is in a zone of Support, it Touched this area more than 5 times already This is not financial advice, Although if you do take this, I wish the best for you.
Long
by UnknownUnicorn3740956
AUDCAD | New PerspectiveWith the current structure, the Aussie appear to extend gains above 0.95 in the coming week(s). As of the time of publication, a reversal set-up has been identified within the demand zone at the 0.934 area where we shall be looking for a signal to buy at a breakout of the key level which also serves as the neckline of the reversal structure. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
⭕️BUY AUDCAD ; its time to buy 💣🔰You see the analysis of the Australian Dollar against the Canadian Dollar in Four hours( AUDCAD , H4)🔎 🔰BUY Limit AUDCAD at 93.500 ✅TP ; 95.500 ❌SL ; 93.200 🔰As is evident from the picture, the price is moving in an ascending flag pattern, due to the presence of the price in the flag support line (the bullish white line) and the orange support line to which the price has already reacted three times, the purchase in this range seems to be low risk. The target is placed in the flag resistance line (white ascending line) 🧐 ⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️ I hope this analysis is useful for you🙏🏻🌹 📌Please introduce the "TRADER STREET" to your friends 🙏🏻 _______________________📈TRADER STREET📉________________________
Long
by TRADER_STREET
1
AUDCAD ideaWhen we go to a higher timeframe, D1 in particular, the market has provided us with three kicks nor three descending consecutive drives to give us a vast uptrend. Now when we look at H4 we can see some volatility contraction going on(bullish flags), we see a short correction and it pushed up nicely, now we’re faced with this huge contraction playing between prices 0.93000 and 0.94000. Our anticipation is to see an impulsive bullish movement to break above our higher high and shoot to 0.95500. Bulls are still looking aggressive, records to be broken...
by tokelohomi
AUDCAD | New PerspectiveA potential bullish momentum is identified within a critical supply zone. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
AUDCAD LONG - Buy Entry - H4 ChartAUDCAD LONG - Buy Entry - H4 Chart Buy @ Market Symbol: AUDCAD Timeframe: H4 Type: BUY Entry Price: Buy @ Market Resistance @ 0.95317 Last High Resistance @ 0.94585 Resistance @ 0.94366 Pivot Point Yearly @ 0.93844 Support @ 0.93537 Support @ 0.93384 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions, please leave a comment below as I answer each comment 💬 ✅ Wishing you enjoyable successful trading 🙏
ALong
by UnknownUnicorn35780991