Australian Dollar/Canadian Dollar

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Australian Dollar/Canadian Dollar forum


My new pair . USD pairs are terrible


AUDCAD sell entry 0.89370
tp 0.89200
sl 0.89450


AUDCAD AUD/CAD is ranging after recent weakness. Watch 0.9000 support—break below opens 0.8940. Upside faces resistance near 0.9085. No strong directional bias yet. Patience is key. Fastbull traders may wait for confirmation before committing. Momentum remains mixed near key levels.

AUDCAD: Bullish Target Ahead of BoC
The AUD/CAD pair currently sits around 0.89070, with eyes on a Take Profit (TP) of 0.89500. This upside target is largely contingent on the Bank of Canada's (BoC) rate decision on July 30th.
Should the BoC strike a dovish tone or even hint at further cuts, it could weaken the CAD, propelling AUD/CAD towards the 0.89500 resistance. This offers a potential trading opportunity, but remember that central bank announcements can cause significant volatility, so careful risk management is essential.

AUDCAD long entry 0.88680
tp 0.88950
sl 0.88480



AUDCAD

AUDCAD SHORT FORECAST Q2 W25 D19 Y25

Professional Risk Managers👋

Welcome back to another FRGNT chart update📈

Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation breaks of structure.

💡Here are some trade confluences📝

✅Weekly 50 EMA
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block identification

🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.

📈The rest, we leave to the balance of probabilities.

💡Fail to plan. Plan to fail.
🏆It has always been that simple.

❤️Good luck with your trading journey, I shall see you at the very top.

🎯Trade consistent, FRGNT X
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