AUDCAD trade ideas
AUDCAD SHORT FORECAST Q2 W18 D2 Y25AUDCAD SHORT FORECAST Q2 W18 D2 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Daily 50 EMA
✅Intraday 5' order block
✅Tokyo ranges to be filled
✅Intraday bearish breaks of structure to be confirmed
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
AUDCAD SHORT FORECAST Q2 W18 D30 Y25AUDCAD SHORT FORECAST Q2 W18 D30 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Daily 50 EMA
✅Intraday 5' order block
✅Tokyo ranges to be filled
✅Intraday bearish breaks of structure to be confirmed
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
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 all time low).. at the moment we are in breaish Mcad zone... also for NZDCAD you expect the same setup..
goodluck
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
❤️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.
AUDCAD Still Ranging — Watch These Breakout ZonesAUDCAD remains stuck in a tight 50 pip range between 0.88499 and 0.88983 🌀
We’re still playing the same zones from yesterday’s analysis.
📌 Areas of interest remain:
Break above 0.88983 for potential continuation
Next key level: 0.89514
Until then, it's a waiting game.
AUDCAD short setupAUD/CAD Short Trading Plan (Daily Timeframe)
Simple Setup:
Wait for price to approach and test the 20-day SMA (currently around 0.88419)
Look for a clear rejection from this level, shown by a bearish daily candle
Major resistance zone: moving average, and resistance retest
Break of support level
Entry:
Enter short on daily close below 0.88419 after MA rejection or bearish candle
Stop Loss:
Place stop 80 pips above entry or just above the 0.9000 resistance
Take Profit:
TP1: 0.8620
TP2: 0.8510
Key Rules:
Only enter if daily candle shows clear rejection from SMA
Maintain 1:2 risk-reward ratio minimum
Be patient and wait for proper setup on daily timeframe
Monitor daily close for confirmation
AUDCAD SHORT FORECAST Q2 W18 D29 Y25AUDCAD SHORT FORECAST Q2 W18 D29 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Daily 50 EMA
✅Intraday 15' order block to be created
✅Tokyo ranges to be filled
✅Intraday bearish breaks of structure to be confirmed
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
AUDCAD Will Go Lower! Short!
Take a look at our analysis for AUDCAD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.890.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.888 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Sell AUDCADA beautiful scenario is at play here. First the bearish triangle pattern which price has already broken out of. Then, a triple top or head and shoulders pattern could also be at play. Then lastly, we can see price is moving in a downtrend within the channel drawn by a bearish flag pattern
AUDCAD Will Go Higher! Long!
Please, check our technical outlook for AUDCAD.
Time Frame: 5h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.894.
Considering the today's price action, probabilities will be high to see a movement to 0.905.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
AUDCAD – 4H Technical & Fundamental AnalysisAUDCAD – 4H Timeframe (H4) Technical & Fundamental Analysis
The Australian Dollar currently holds a slight edge over the Canadian Dollar as improving economic sentiment in China and stable commodity demand lend strength to AUD, while expectations of earlier rate cuts by the Bank of Canada weigh on CAD.
Looking at the AUDCAD 4-hour chart, the pair has been trading in a range below the minor resistance at 0.89500. A trendline connecting three highs has now been broken, suggesting early signs of bullish pressure. However, confirmation is still needed before a directional bias is confirmed.
We are watching for two key confirmations:
A break and close above 0.89500, accompanied by signs of buyer accumulation, could signal a Change of Character (CHOCH) and shift market structure bullish.
A liquidity sweep or stop-hunt below the resistance could trap early buyers before a stronger breakout. If price then reclaims and closes above the 0.89500 level again, it would confirm bullish intent.
A potential area of interest lies around 0.89570 (possible breakout point), with risk managed below 0.89040 if liquidity forms.
The longer-term target is the next major resistance zone near 0.90650.
This setup reflects evolving bullish structure and market positioning, supported by improving AUD fundamentals.
Fundamentals Supporting AUD:
-China Economic Recovery Signs: Recent Chinese data shows early signs of stabilization, which supports AUD due to Australia’s strong trade ties with China.
-Stable Commodity Demand: Iron ore and other exports remain in steady demand, reinforcing the AUD’s fundamental base.
-RBA Policy Stability: The Reserve Bank of Australia is currently neutral on rates, offering more support compared to dovish central banks.
Fundamentals Weakening CAD:
-BoC Dovish Outlook: Markets expect the Bank of Canada to begin cutting interest rates earlier than other central banks, which weighs on CAD.
-Flat Oil Prices: Oil, a key Canadian export, has shown lackluster performance recently, limiting CAD’s upside.
-Mixed Canadian Data: Economic indicators like employment and GDP have been inconsistent, raising caution among investors.
📌 Disclaimer:
This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.
AUDCAD for next weekI don't want to stay away from this pair even after a loss of 800$ lol. but win and loss are always aside, kinda like the Substance movie Sue x Eliz that I love :)
2 scenarios:
- strong pullback at premium level down to 20-30% fib, good to go for TGIF setup (but it maybe too late night at JST, I will pass)
- pullback after filling the premium FVG, either way I look for short. or the chart would tell me something else.
Short-Term Bullish, Cautious (NFP impact)Yesterday was largely bearish as AUDCAD failed to break above 0.88453, forming a triple bottom around 0.88000, then bouncing about 40 pips.
Today we’ve seen a clean break of 0.88453, followed by a 1H double top.
I’ll be watching closely for a retest of 0.88453 — if price creates support, I’ll look to enter long:
🥇 First target: recent highs for ~30 pips
🥈 Second target: 0.88983 (~25 more pips)
⚠️ It’s NFP Friday, so I’ll be cautious with entries and avoid overtrading.