AUDCAD BULLISH BIASClearly 15m shows good sign of strength with supporting ascending TL. We can look for long at the current price value.
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.
Related currencies
AUDCAD POTENTIAL SHORTLooking at AUDCAD on the 4h timeframe,currently looking to take shorting positions upon the retest of the recently formed daily supply zone which also confluences withe retest of the level in which the market broke out of and the inner 4h and 1h supply zones.
Bullish BiasMain hurdle for the price action is 0.90000, but as per the current market conditions, we can look for long because even on 15m timeframe we got a nice Descending TL breakout which invalidated the downtrend for a while.
Buy Trade - AUD/CADGreetings to everyone!
You can place a buy trade on AUD/CAD and check out my chart for the ideal entry, stop-loss & target placement.
Remember :-
* Move your SL to breakeven once the trade reaches 1:1 R.
* Aim for a minimum reward of 1:1.5 R.
* Don't risk more than 3% of your total margin.
Sell Trade - AUD/CADGreetings to everyone!
You can place a sell trade on AUD/CAD and check out my chart for the ideal entry, stop-loss & target placement.
Remember :-
* Move your SL to breakeven once the trade reaches 1:1 R.
* Aim for a minimum reward of 1:1.5 R.
* Don't risk more than 3% of your total margin.
AUDCAD SELLSAs we can see on the daily timeframe, this looks like a promising setup for potential shorts. The price is currently trading high in the overall market structure and is sitting within the sell zone. While the 4H chart still shows bullish momentum, I’ll personally be watching for possible structure s
Bullish Bat Pattern on AUD/CAD - Potential Reversal SetupThis analysis presents a Bullish Bat Pattern forming on the AUD/CAD (Daily Timeframe), signaling a potential reversal from the D point at 0.8593. The price has reached the completion zone of the harmonic pattern, aligning with key Fibonacci levels.
Key Observations:
The pattern follows X-A-B-C-D ha
AUDCAD SELL📉 AUDCAD: Ready for a Drop? Here's What You Need to Know!
The AUDCAD currency pair is showing signs of potential downward movement. 📊 Here are a few key factors driving the sentiment:
🔹 Weak Australian Data: Recent economic indicators from Australia suggest softening growth, which could weigh on t
AUDCAD 1-Hour Chart AnalysisOn this chart, AUD/CAD is displaying signs of potential support in the green zone. A downtrend line is evident, but the price has tested this trendline multiple times.
Key Levels:
Support Zone: Around 0.90800, which could serve as a foundation for a reversal if buyers step in here.
Resistance Level
How to Trade Candlestick POIsThis is not precisely a forecast, rather, it is a tutorial on how to trade candlestick POIs using my custom Templar Trading Methodology. It is a very basic approach, not exactly as robust as I would teach in a class or seminar per se.
In this video, you will learn how to capture the best Day Trading
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.
Frequently Asked Questions
The current rate of AUDCAD is 0.89489 CAD — it has decreased by −0.14% 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 0.41%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCAD showed a −0.29% fall over the past week, the month change is a 0.70% rise, and over the last year it has decreased by −2.81%. 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 neutral signal, and 1 month rating is sell. See more of AUDCAD technicals for a more comprehensive analysis.