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About Australian Dollar/Canadian Dollar
The Australian Dollar vs. the Canadian Dollar. Both of these currencies are regarded as commodity currencies and are considered to be a relatively stable currency pair. The CAD fortunes are closely related to the U.S. because it is their largest trading partner and neighbor. The AUD is more effected by its alignment with Australia and emerging Asian markets.
AUDCAD SELL OPPORTUNITY From the H1 perspective , a sell opportunity is envisaged from the current market price after we had a shift in market structure to the downside which signifies a bearish trend resumption.
Overall trend of the market remains bearish therefore, this is an opportunity to capitalize on the bear trend.
Bearish reversal off pullback resistance?AUD/CAD is reacting off the pivot and could reverse to the 1st support.
Pivot: 0.89528
1st Support: 0.88159
1st Resistance: 0.90356
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CF
AUD-CAD Correction Ahead! Sell!
Hello,Traders!
AUD-CAD keeps going up
But the pair will soon hit
A horizontal resistance level
Around 0.8936 and as the
Pair is locally overbought
We will be expecting a
Pullback and a local
Bearish correction
Sell!
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AUDCADhello trader, here is another swing.. price is making bearish momentum (using Mcad as indicator)... price also filled the fvg of 4hrs and price is in distribution phase.. and breakout can happen anytime.. our target is first OB for double bottom or breakout of previous low to reach weekly OB (for al
AUDCAD SHORT Market structure bearish on HTFs DW
Entry at both Daily and Weekly AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection At AOi
Daily previous Structure point
Around Psychological Level 0.89500
H4 Candlestick rejection
Levels 5.41
Entry 95%
REMEMBER : Trading is a Game Of
AUD_CAD RESISTANCE AHEAD|SHORT|
✅AUD_CAD has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 0.8950
Price decline is to be expected
SHORT🔥
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AUDCAD: Bearish Wave Continues 🇦🇺🇨🇦
I think that there is a high chance that AUDCAD
will continue falling from the underlined yellow resistance.
Next support - 0.8818
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See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of AUDCAD is 0.89286 CAD — it has decreased by −0.06% in the past 24 hours. See more of AUDCAD rate dynamics on the detailed chart.
The value of the AUDCAD pair is quoted as 1 AUD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 AUD.
The term volatility describes the risk related to the changes in an asset's value. AUDCAD has the volatility rating of 0.58%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCAD showed a 0.48% rise over the past week, the month change is a 0.17% rise, and over the last year it has decreased by −1.38%. Track live rate changes on the AUDCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
AUDCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade AUDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with AUDCAD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the AUDCAD shows the sell signal, and 1 month rating is sell. See more of AUDCAD technicals for a more comprehensive analysis.