Welcome FXGears' Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. Hi Traders! AUDCAD forecast update and follow up is here. On October 6th I shared this “AUDCAD Forecast” in Trading View. In this post, let’s do a recap of this setup and see how it has developed now. If you would like to learn more about the way we trade and the technical analysis we use then check out the Traders Academy Club. AUDCAD Forex Swing Trading Using Price Action And Confluence In the daily chart below, you can see the current up move took out what could have been possible resistance (PR). The highlighted candles show strong momentum into highs where price resisted further movement to the upside. AUDCAD – Daily and 4 Hour Charts As suggested in our last Forex AUD analysis, AUDCAD has been bullish and has swung higher. Price has been up-trending on the daily time-frame. Recent price action has formed a double-top reversal pattern and is now ranging between 0.9400-0.9660, suggesting that the uptrend …
audcad The Australian Dollar/Canadian Dollar pair is obviously not a major, nor is it commodity pair, despite the fact that the economies of both countries involved are based on commodity exports. The … AUDCAD Currency - Real time AUDCAD currency chart and performance. AUDCAD Historical Data - Historical AUDCAD data selectable by date range and timeframe. AUDCAD Volatility - AUDCAD real … AUD/CAD trading hours. Theoretically you can trade forex pairs 24/7, but there are prime times to trade the AUD/CAD when the currency pair is more volatile. The AUD/CAD is generally busy between 19:00 …
Forexchurch.com is the Ultimate and most Comprehensive resource to search for and compare Forex Brokers. Including live Spreads, swaps and volumes comparison. Get the latest market information about the AUD/CAD pair including AUD CAD Live Rate, News, Australian Dollar and Canadian Dollar Forecast and Analysis. AUDCAD has a Bearish Deep Gartley Pattern setup at X. I love trading at the level as it has an amazing Reward is to Risk Ratio. Traders who are looking to short can wait for a retest of the resistance level (red line) for a shorting opportunity. One thing traders have to take note is that there is a consolidation above the X level.
Get Real-Time market sentiment for the AudCad provided by Newsmovesmarketsforex. Check out cutting-edge Foreign Exchange Rate for all currencies. Forex Economic AUD to CAD currency chart. XE’s free live currency conversion chart for Australian Dollar to Canadian Dollar allows you to pair exchange rate history for up to 10 years. AUD/CAD Pivot Points Explanations Pivot points are very useful tools that use the previous bars’ highs, lows and closings to project support and resistance levels for future bars. Daily pivot Forex Correlation. The following tables represent the correlation between the various parities of the foreign exchange market. The charts give precise details on the correlation between two parities. They show the history and the distribution of the correlation over a given period. Oct 20, 2020 · AUDCAD recently broke the support area lying between the key support level 0.9300 (which reversed the price twice in June) and the 61.8% Fibonacci correction of the upward impulse from May. The breakout of this support area continues the active short-term impulse wave 3 from the middle of September.
Mid-Term Forecast: Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9597). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDCAD is in a range bound and the beginning of downtrend is expected. . See full list on forextraders.com Share ideas, debate tactics, and swap war stories with forex traders from around the world. AUD/CAD is the abbreviation for the Australian Dollar and Canadian Dollar pair. It shows how much the AUD (base currency) is worth as measured against the CAD (counter currency). For example, AUD AUDCAD hit our first tp, we're waiting for a resell from the within the zone 0.93955-0.93843 towards 0.92951-0.92736 Forex Factory® is a brand of Fair Economy, Inc. Trade AUDCAD with IFC Markets. Open a risk-free demo account Start trading Forex AUD/CAD using advantages of Preferential Swaps Tight Spreads.