AUDCAD - Resistance Comes Back Into Focus!AUDCAD continued its bullish momentum after rejecting the blue support area, with buyers successfully pushing price higher toward the next key technical resistance.
Price is now approaching the red resistance and supply area, which has previously acted as an important barrier for the market and is
Australian Dollar/Canadian Dollar
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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.
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🏦 Vault Target (Final): @ 1.0000
Rising towards 127.2% Fib resistance?AUD/CAD is rising toward the pivot, which is an overlap resistance that is slightly above the 127.2% Fibonacci extension and could reverse toward the 1st support, which is a pullback support.
Pivot: 0.98819
1st Support: 0.98367
1st Resistance: 0.99398
Disclaimer:
The opinions given above constit
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
AUD/CAD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are targeting the 0.981 level area with our short trade on AUD/CAD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
Disclosure: I am part of Trade Nation's Influence
AUDCAD Will Fall! Sell!
Hello,Traders!
AUDCAD is reacting from a horizontal supply area after sweeping buy-side liquidity. Expect sellers to defend this premium zone and push price toward the imbalance below. Time Frame 4H.
Sell!
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Bearish drop off?AUD/CAD is rising towards the resistance level, which is an overlap resistance and could drop from this level to our take-profit.
Entry: 0.98160
Why we like it:
There is an overlap resistance level.
Stop loss: 0.98502
Why we like it:
There is a pullback resistance level.
Take profit: 0.97685
Why
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 0.98627 CAD — it has increased by 0.29% 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 0.29%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The AUDCAD showed a 0.18% rise over the past week, the month change is a 0.19% rise, and over the last year it has increased by 9.64%. 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.









