AUDCAD: Confirmed CHoCH 🇦🇺🇨🇦
I see a valid bearish change of character on AUDCAD on a 4h time frame
after the recent test of a significant intraday/daily resistance.
The price will likely continue falling after a pullback.
Goal - 0.9812
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Australian Dollar/Canadian Dollar
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Compare with AUD to CAD
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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.
Aussie Rolls Over as Soft CPI Kills RBA-Hike BetsThe Australian dollar is the weakest FX major thanks to CPI not being as hot as expected. While we cannot exactly call the 3.6% trimmed mean print weak, its enough to cull bets of an RBA hike in August and raises the prospects of a terminal rate at 4.35%. I look at AUD/USD levels and market position
AUDCAD 4H – Bearish BiasHello Trading Fam! 👋
The overall trend is bearish. Price is retesting a key resistance zone and descending trendline. Wait for bearish confirmation before entering short positions, targeting the next support level.
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AUDCAD H4 | Bearish Reaction Off Pullback ResistanceMomentum: Bearish
Price is currently below the ichimoku cloud.
Sell entry: 0.98318
- Pullback resistance
- 61.8% Fib retracement
- 100% Fib projection
Stop Loss: 0.98733
- Swing high resistance
Take Profit: 0.97647
- Swing low support
High Risk Investment Warning
Stratos Markets Limited (fxcm.c
Sellers step In at pullback resistance?AUD/CAD is rising toward the pivot, which is a pullback resistance, and could reverse toward the pullback support.
Pivot: 0.98127
1st Support: 0.97217
1st Resistance: 0.98872
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of
Bearish reversal setup?AUD/CAD is rising to the resistance level, which is an overlap resistance and could reverse from this level to our take-profit.
Entry: 0.9842
Why we like it:
There is an overlap resistance level.
Stop loss: 0.98701
Why we like it:
There is a pullback resistance level.
Take profit: 0.98018
Why we
AUDCAD H1 | Bullish Bounce Off Overlap SupportMomentum: Bullish
Price is currently above the ichimoku cloud.
Buy entry: 0.98523
- Overlap support
- 61.8% Fib retracement
Stop Loss: 0.98320
- Swing low support
Take Profit: 0.98808
- Swing high resistance
High Risk Investment Warning
Stratos Markets Limited (fxcm.com/uk), Stratos Europe Ltd
AUDCAD H4 – Bearish Engulfing at Key ResistanceAUDCAD printed a strong bearish engulfing candle on the H4 timeframe, rejecting a key resistance zone and the upper boundary of the descending channel. Price failed to sustain above resistance, suggesting buyers are losing momentum. RSI is turning lower from the mid-range, supporting a potential bea
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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 0.98614 CAD — it has decreased by −0.47% 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 0.43%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCAD showed a −0.26% fall over the past week, the month change is a 0.11% rise, and over the last year it has increased by 10.69%. 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 strong 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 buy signal, and 1 month rating is buy. See more of AUDCAD technicals for a more comprehensive analysis.









