Spoiler:
Daily Forecast
Pair: AUDCAD
Major Trend: Bullish
Time Frame: H1
Reason: It appears that the market can not break through the resistance area 2 in 0700, predicted the market would lead to 0.9642 or 0.9628
Recommendation: Sell
Thread: Aud/Cad
Daily Forecast
Pair: AUDCAD
Major Trend: Bullish
Time Frame: H1
Reason: It appears that the market can not break through the resistance area 2 in 0700, predicted the market would lead to 0.9642 or 0.9628
Recommendation: Sell
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pair- aud/cad
time frame to analysis- m15
the price is having support at the 0.9630 level and making triple bottom chart pattern. this is having resistance at 0.9680 level. parabolic sar in up trend side but may not able to break resistance. hold the long entry with stop loss at 0.9640
good luck
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Tuesday 10th Mar 2:30pm(NZT)
The Australian dollar has maintained a very slight downside bias to the Canadian dollar over the past week. We have seen some choppy trading conditions with both central banks deciding not to cut rates again at this stage, and key US employment data adding to the volatility. The pair looks like a test toward support around 0.9650, and potentially even 0.9600, may be on the cards in the coming days. Topside resistance around 0.9850 is certainly not looking like it will be threatened in the near term. There will also be plenty of data to dive the pair later in the week, with employment data from both countries set for release on Thursday and Friday.
Current Level Support Resistance Last week's range
AUD/CAD 0.9690 0.9650 0.9850 0.9684 - 0.9831
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je han yeh forex ke trading main ek bht acha pair hai trading ke liye laken jo sab se best traidng pair hain who hain eurusd or gold or silver ke traidng hain en ke trading bht zida best trading hai her hisab se,
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Daily Forecast
Pair: AUDCAD
Major Trend: Bearish
Time Frame: H1
Reason: Market has strong support at 0.9638, the possibility still going back to the pivot point at 0.9714, given the market has not touched the daily pivot point
Recommendation: Buy with a target of 0.9683
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pair- aud/cad
time frame to analysis- m15
the up movement of the price has been break the resistance at 0.9800 but its again down from the 0.9815 level. the rsi indicator is moving out from the oversold level 70. if the price is move below the 0.9790 short with profit target at 0.9750 and stop loss at 0.9830
good luck
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yes market down hai or signal buy ka hai ek middel ammount ke trade karna yahan or rsi ko must focus kro mtlb signal hai rsi
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Daily Forecast
Pair: AUDCAD
Major Trend: Bullish
Time Frame: H1
Reason: Market has been rejected in the second daily support at 0.9722, Possible market will go back up and retest in the second resistance at 0.9836
Recommendation: Buy
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I think that this is a good opportunity to get in long position from the support level at 0.9743 with take profit at 0.9824.
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Daily Forecast
Pair: AUDCAD
Major Trend: Bearish
Time Frame: H1
Reason: Looks market has reached the third range of daily support at 0.9739, then the market will go back to retest at the top Bollinger in the range of 0.9841
Recommendation: Buy limit at 0.9766
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