Audcad pair trading down levels movement with my today forecast and analysis audcad pair trend is down :
Up Levels are : 0.9822
Normal Levels are : 0.9750
Down Levels are : 0.9702
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Audcad pair trading down levels movement with my today forecast and analysis audcad pair trend is down :
Up Levels are : 0.9822
Normal Levels are : 0.9750
Down Levels are : 0.9702
Audcad pair trading down levels movement with my today forecast and analysis audcad pair trend is down :
Up Levels are : 0.9840
Normal Levels are : 0.9770
Down Levels are : 0.9720
time frame - 4 Hour
currency pair - AUD/CAD
buy @ 0.9741
take profit @ 0.9852
stop loss @ 0.9612
risk reward ratio - 1 : 3
the pair may go bullish and possible retracement uptrend. buy dips sell high.
एयूडी / सीएडी जोड़ी का तकनीकी विश्लेषण (ग्राफ एच 1)। एमएसीडी संकेतक सकारात्मक क्षेत्र में है और खरीद का समर्थन करता है। संकेतक ओवरबॉट क्षेत्र में स्टोकास्टिक है और अब तक खरीदारी का समर्थन करता है। सूचक आरएसआई- खरीद के लिए उपलब्ध है। उत्तरी लक्ष्य: प्रतिरोध -1 (0.9747), प्रतिरोध -2 (0.9776), प्रतिरोध -3 (0.9804)। दक्षिणी लक्ष्य: समर्थन - 1 (0.9704), समर्थन - 2 (0.9679), समर्थन - 3 (0.9653)। मूल्य अवरोही चैनल से बाहर आया और (50) की अवधि के साथ चलती औसत (ईएमए) से ऊपर कारोबार किया जाता है
Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (0.9665). The closest resistance level is Tenkan-sen line (0.9708).
On the daily chart Tenkan-sen and Kijun-sen lines have merged, both lines are directed downwards. Confirmative line Chikou Span is crossing the price chart from above, current cloud has reversed from descending to ascending. The instrument has broken down the cloud and slowed down its fall. One of the previous minimums of Chikou Span line is expected to be a support level (0.9609). The closest resistance level is the upper border of the cloud (0.9703).
Recommendation
On the four-hour chart we can see a correction of the downward movement. On the daily chart the instrument has broken down the cloud, forming a strong signal to sell. It is recommended to open short positions at current price with the target at the level of previous minimum of Chikou Span line (0.9609) and Stop Loss at the lower border of the cloud (0.9703).
Spoiler:
AudCad bearish trend can continue today , now current price at 0.9715 and strong resistent at level 0.9735 in hourly time frame. there is possible chance AudCad price will move to down side. then next low price is 0.9665
I suggest to entry sell with stoploss at 0.9750 and take profit at 0.9665
Pivot levels today:
R3: 1.0297
R2: 1.0276
R1: 1.0236
PP: 1.0214
S1: 1.0174
S2: 1.0153
S3: 1.0112
Comment: Price now is above the daily pivot level, but it is below the 55 SMA, so no clear signal now.
Forecast: By breaking 1.0214 level, this may open the way to more fall to 1.0112.
Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (0.9685). The closest resistance level is Tenkan-sen line (0.9710).
On the daily chart Tenkan-sen line is crossing Kijun-sen from above, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span has crossed the price chart from above, current cloud is ascending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (0.9670). The closest resistance level is the upper border of the cloud (0.9745).
Recommendation
On the four-hour chart we can see a correction of the downward movement. On the daily chart the Bearish trend is still strong. It is recommended to open short positions at current price with the target at the level of previous minimum of Chikou Span line (0.9585) and Stop Loss at the lower border of the cloud (0.9748).
AUD / USD ended the session with sharply lower, down 33 points at 1.0160. This is the lowest daily close since the pair since October 2012. The session was a volatile session with the pair trading as high as 1.0275 earlier in the day after AUD jobs data, but leaked into a much lower position in the U.S. session.
USD / CAD pushed higher overnight has stalled - badly - on the short term charts and the pair has slipped back to near the opening level. Broader trend here still seem to be lower and there is a good supprt from selarasnya bearish momentum oscillator trends across the short, medium and long term. "
"It shows the potential for limited correction higher from here and sustained pressure on the downside. Short-term, we are looking for a sell to get the momentum back below 1.0205 / 15 to push to 1.0100 / 10 (and potentially 0.9950 / 1.00). "
Audcad pair kafi up levels par movement kar choka he aur mere analysis k mutabik ye aj kafi down ho sakta he
Down level ye rahega : 0.9633
Focused levels : 0.9709
Normally levels. : 0.9688