FX:AUDCAD   Australischer Dollar/Kanadischer Dollar
30 1
The market didn`t react to the rate cut from the RBA this week with selling of the AUD. Still the pair is at important levels and are ready for a correction down. Also I believe there is upside potential for oil within the time horizon of this trade (1-2 weeks). Further strengthening CAD.

Technical analysis and fundamentals could both be signalling a bearish trend ahead. I will be awaiting signal for entry short with the pair, no point in trying to sell the tops or buy the bottoms.

I believe that the high of this week at 1.00624 was the last high for the pair. This week we should see price move downwards, as well as within one or two weeks see a lower high indicating a bearish trend taking place.
Structure of the pair at the Daily TF as well.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden