AUDCAD

Support Breakout

IAM WAITING FOR UP TRAND

Wait for Reversal candle at Red zone to short 1) Break out pull back 2)Strong Resistance zone 3) 200 EMA support

We are doing AUDCAD Analysis in Daily Time frame AUDCAD right Following Down Channel pattern You can try to Buy After Break of the Channel pattern you can But Take profit on previous High point and Stop area below the previous low. We need to wait for a breakout then think to buy and use Take profit and Stop loss. Note: This is only for Educational Purpose...

Midterm forecast: While the price is above the support 0.9105, resumption of uptrend is expected. We make sure when the resistance at 0.9775 breaks. If the support at 0.9105 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI resistance #1 at 53 is not broken, the probability of price increase would be too...

AUDCAD / H4 / Technical Chart show short direction Price move inside of the Triangle. if it will break out the upper line of Triangle, D point will break, it will go to Resistance zone. Have another analysis at this pair, please share in comments, we will be glad to discuss.

As we can see in this graphic, AUDCAD has reached an overbought state. CAD is falling due most likely to Trump tweet this morning, where he tweets about the price of USOIL, affecting then the CAD. Candlesticks signals and RSI overbought and AUD Fundamentals indicate that this is a good time to sell. How to trade? SELL between: 0.9465 - 0.9480 Take profits: Close...

having a strong resistance at 0.95835(yellow line) + overbought condition ---> confirm a trend change go short ...

refer chart for details

AUDCAD is in a trading triangle which is unable to break the higher end of triangle since past few days. opening a SHORT opportunity in AUDCAD. SELL AUDCAD @ 0.99572 with SL@0.99862 and T1@0.99246, T2@0.98964 This is a RISK Trade and should only be taken after consulting your financial advisor.