AUD/CAD – overcoming this trend line will bring further increases – 26.08.2020

The Australian dollar (AUD/CAD) rate has been steadily rising recently. However, the bullish momentum has expired and the quotations have changed direction. The downward...

Analysis for Newbies: Ascending Triangle on AUDCAD

AUDCAD currency pair has been moving north for a long time. Still, buyers do not have the strength to beat resistance at 1.0045. Although...

AUDCAD – two bullish outside bars in a row – 04.11.2020

AUDCAD - As in the title: the first bullish outside bar appeared on 21.10. The breakout from this two-candle formation was confirmed by the...

AUDCAD – a head and shoulders formation on H1 could push price down

The last week of January which is also the first week of February has begun. It is a week rich in events in the...

AUDCAD – breaking the neckline of a head and shoulders formation

The beginning of April has barely begun and has already provided us with a lot of excitement. On Tuesday, during the Asian session, we...

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