AUD/CAD - Page 5
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Thread: AUD/CAD

  1. #41
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    The downtrend channel is still live and valid on Hourly chart here, but the price already touched the second level of support 0.9864 so it would be oversold there and the price will going up for some retracements which it could re-touch 0.9897 or 0.9941.

    audcadh1.png

  2. #42
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    After breakout the uptrend channel and the first technical support of 0.9864 on H4 chart, this pair is potential to continue the bearish trending and targetting the next support at 0.9766 on the next week trading. However a breakout of resistance 0.9957 will give good confirmation for bullish trending.

    audcadh4.png

  3. #43
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    The downtrend channel is still active and live in the hourly chart there, there is strong protected barrier on the 2nd technical support at 0.9834 which made this pair turns back up. So, a breakout of trend channel and resistance 0.9897 will give strong confirmation for bullish trending today.

    audcadh1.png

  4. #44
    As I said before, and the pair is corrected in an uptrend in the pair is currently held ma13, and I think will go on to test the level ma50, but the pair consider medium-term sales, so the growth and spread of the level of the Council to enter into sales, the initial level to be considered by ma600 half H4.

  5. #45
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    The bullish domination is resume and this pair is potential to reach another technical resistance at 0.9958. But, in case the price turns back down and breakdown support 0.9897 then it need to exit from buying position. For the majority trend is belong to bullish.

    audcadh1.png

  6. #46
    The currency pair AUD / CAD is in a medium-term uptrend, it has been corrected and is now trading between the two levels and ma13 ma50, ma13 if the couple will be held down, then go back to retest MA200 level, in this case, you can enter a short-term sale in the event of passage ma50 up - to enter the purchase, as the pair resumes its movement according to the trend.

  7. #47
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    The price position is still moving up and inside the uptrend channel, but it almost hit the supply area 0.9945-0.9958. So, if the price can breakout barrier 0.9958 then it will give strong confirmation for bullish to reach another supply at 1.0042. On the other hand, a rejection from 0.9945 will make this pair turns back down to touch demand area at 0.9890-0.9877.

    audcadh1.png

  8. #48
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    Yesterday, we recommend buying the pair. And the position is open after the signal on consolidating the candle above the 38% Fibonacci closed sell, as the pair approached the goal is not to the level of 0.9735 and turned. During operation today on consolidating the candle above 38% Fibo earned income + 50 points. Operation on the break of 0.9735, while at zero. After correction, buy a couple on the rebound from the 23 or 38% Fibo after bullish candle with the objectives of 0.9746.

    audcadh4.png

  9. #49
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    The price position on hourly chart is testing trend channel, so if it can breakout then the major trend will be change into bearish and the price is potential to touch next support line at 0.9601. Meanwhile the price it heading up and breakout barrier 0.9649 then it could be a good confirmation for bullish returns.

    audcadh1.png

  10. #50
    Trader dkarev's Avatar
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    the market is trading sideways from a downward trend,thought price action is ranging within a large support and resistance,sideways movement is within 0.9749 and 0.9589 a break around 0.9589 area will signal a trend continuation but if 0.9749 is broken,then i guess downward movement has being completed.

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