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Australian Dollar/Canadian Dollar (AUD/CAD) Exchange Rate
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Get the AUD/CAD Forex signal for February 23, 2017 here.
The AUD/CAD pair initially tried to rally during the session on Thursday, but as you can see sold off yet again.
The AUD/CAD pair initially broke higher during the day on Wednesday, but as you can see struggled at the 1.0150 level. The market broke down from there, but as you can see we still see the 1.01 level as an area of interest for the marketplace, as it was previously resistive.
Check out the updates for signals posted throughout December 2013 and January 2014 here.
The AUD/CAD pair continues to fall over the longer-term, and I think December will see more of the same. The reason I am doing analysis on this pair is that it is so useful when it comes to others markets.
The AUD/CAD pair initially fell during the session on Tuesday, but found the 0.9750 level as being supportive enough to push the market much higher.
The AUD/CAD pair rose during the session on Friday, bouncing off the 0.9750 level again. This is an area of consolidation and I find interesting, simply because we have the Australian dollar looking like it's trying to find support against the US dollar, then this market does tend to mirror that one.
The AUD/CAD pair fell during the session on Thursday, testing the bottom of the hammer that had formed on Wednesday.
The AUD/CAD pair tried to rally during the session on Friday, but as you can see got turned around and formed a massive shooting star. This shooting star is based around the 0.97 handle, so of course it looks as if we may get a little bit of a pullback in this general vicinity.
The AUD/CAD pair is an interesting one, but one that a lot of people don't follow. This is because they mistakenly think that it's difficult to trade simply because both are thought of as commodity currencies.
The AUD/CAD pair fell after initially trying to gain during the session on Tuesday.
While you weren't watching on Friday, the AUD/CAD pair broke down.
The AUD/CAD pair fell hard during the session on Wednesday again, as we continue to grind our way lower.
The AUD/CAD pair fell during the session on Tuesday, but as you can see got a bit of a bid at the previous hammer that had formed at the absolute low that we've seen recently. It appears that the 0.9650 level is offering a bit of support, and as a result the market formed a nice looking hammer.
DailyForex.com has everything you need to know about the upcoming third quarter of 2013 for the gold markets that have been in a sideways manner so far. Get the gold price forecast here and be prepared for what's to come.
The AUD/CAD pair fell apart during the session on Wednesday, breaking well below the parity level. While most of you have been watching the AUD/USD or even the USD/CAD pairs, this one has quietly put in a nice technical sell signal.
End your trading week with a Forex signal from the experts at BNRY for the AUD/CAD pair here.
Begin your day on a high with this Forex signal for the AUD/CAD pair that is currently trending upward brought to you by the experts at BNRY for DailyForex.com
It seems that the AUD/CAD pair is heading for a downtrend. Check out the Forex signal here and learn what it can mean for your trading.
The AUD/CAD, like its cousin the AUD/USD shot upwards after the unemployment rate improved drastically last month. The numbers were in fact astounding, but now the pair faces a strong resistance level seen easiest on the Weekly chart below.