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AUDCAD – double top caused declines

In October there was an attempt of break above resistance at 0.9510. It succeeded twice, but each time dynamic downward movement followed. Finally a...

AUDCAD falls stopped at fibo 61,8%, possible move upward to the level of 0.9620

In analysis from October 12 I wrote: "Current level has a chance to bring at least a brief rebound, because it has stopped upward...

AUDCAD – after one week of upward movement, it’s time for a correction

On October 6th after rebound from the resistance, AUDCAD began to move upward and price has gained around 250 pips. Current level has a...

AUDCAD (intraday) – short on resistance

After today's reading macro data from Canada, where unemployment was higher than expected AUDCAD dynamically appreciated. Upward movement stopped at the important resistance 0.9510,...

AUDCAD – high volatility and a double bottom

September was a month of very high volatility in the AUDCAD. Currently, the price is moving between support at 0.9260 and the resistance 0.9400-0.9430....

AUDCAD current rebound reached to fibo 50%

According to the analysis for the beginning of September the price has tested the support 0.9160 (from 2013). Support was target for the bears...

AUDCAD – breached two years support

After fourth test of support on level 0.9400 bears reached its purpose and support was breached. The price was so low last time in...

AUDCAD – double bottom pattern, but support is still under pressure

Interval hourly. Level 0.9545 stopped the descent two times in last few days creating double bottom pattern. At the same time 120 pips higher the...

AUD/CAD – Resistance and Trend Line Test (H1)

AUD/CAD H1 chart shows that price moves in a downtrend. Currently there is ongoing correction, during which the nearest resistance and trend line are...

AUD/CAD – resistance zone retest

AUD/CAD (H4) chart shows that price fell below the most current support. It may be a consequence of daily TF signals which shows bearish...

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