AUD/CAD Articles

AUD/CAD Bearish Momentum to 0.92000

AUD/CAD forming a 3-wave zigzag pattern which is generally labelled ABC with 5-3-5 sub waves. See picture below for an example. The flag has now been broken and can enter short if it retests or once 50 EMA crosses below 200 EMA. AUD/CAD should then find the last of the…
October 6th

AUD/CAD Long Opportunity Targeting 0.95950 – Battle of the Commodity Currencies

Great risk to reward play forming on AUD/CAD with AUD looking to strengthen against the USD as the Iron Ore price strengthens and oil dropping effecting the Canadian Dollar. AUD/CAD has potential for price to break above August highs when you factor in the strong Iron Ore and Gold bull…
September 7th