AUDCAD | Australian Dollar (AUD) to Canadian Dollar (CAD) Rate in the Forex market
Australian Dollar vs Canadian Dollar
AUDCAD potential for further downside beyond pivot, further drop incoming!https://forex-images.ifxdb.com/userfiles/20210611/appsimage_analytics60c308b75a4ee.jpg
AUDCAD is currently hovering above 1st resistance in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. If prices break through 1st resistance, a further drop is expected towards horizontal...
Trading idea for AUD/CADhttps://forex-images.ifxdb.com/userfiles/20210610/appsimage_analytics60c1b99144639.jpg
Over the year, AUD / CAD has dropped by 7,000 pips, nearing the 2020 all-time high. Considering this, traders should place limit orders below 0.92400 to set off a price...
Trading ideas for CAD/JPY and AUD/CADhttps://forex-images.ifxdb.com/userfiles/20210604/appsimage_analytics60b9d5003de25.jpg
WTI rose sharply, from $ 0 to almost $ 70. Unsurprisingly, this rally led to the strengthening of the Canadian dollar, especially against other currencies, such as Japanese...
AUDCAD approaching 1st resistance, potential for a reversal!https://forex-images.ifxdb.com/userfiles/20210528/appsimage_analytics60b0a6accd9d2.jpg
Price is approaching 1st resistance, in line with 50%, 61.8% Fibonacci retracement and horizontal pullback resistance, where we could potentially see a reversal and drop further towards 1st support...
AUDCAD holding below descending trendline! Potential for further downside!https://forex-images.ifxdb.com/userfiles/20210525/appsimage_analytics60acadc1c0946.jpg
Price is facing bearish pressure as it continues to hold below the descending trendline and moving average resistances, in line with our bearish bias. We could potentially see a reversal...
AUDCAD facing bullish pressure, potential for further upside!https://forex-images.ifxdb.com/userfiles/20210519/appsimage_analytics60a4d10b1bbef.jpg
Prices are facing bullish pressure as prices are taking support from horizontal swing low support in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Prices might push up towards...
AUDCAD facing bearish pressure, potential for further downside!https://forex-images.ifxdb.com/userfiles/20210518/appsimage_analytics60a36f6b52150.jpg
Price is facing bearish pressure as it continues to hold below both descending trendline and Ichimoku cloud resistance, in line with our bearish bias. We could potentially see price reverse...
Trading idea for the AUD/CAD pairhttps://forex-images.ifxdb.com/userfiles/20210514/appsimage_analytics609e1a7dbe05d.jpg
Over the past 3 months, AUD / CAD has moved by as much as 6,000 pips, almost reaching 0.92500. Considering this, traders can set up new buy limits, following these...
AUDCAD approaching 1st support, potential for bounce!https://forex-images.ifxdb.com/userfiles/20210416/appsimage_analytics607952f664afb.jpg
Price is approaching our 1st support, in line with our 23.6%, 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support. We could potentially see a bounce and further rise...
AUDCAD facing bullish pressure, potential for more upside!https://forex-images.ifxdb.com/userfiles/20210414/appsimage_analytics6076ac4015800.jpg
Prices are facing bullish pressure from ascending trendline support, horizontal swing low support which coincides with 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push up further towards...