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Bearish harmonic pattern

Ucef Posted 31 Mar. as Analysis on AUD/CAD, Target: 1.0160, Date: 1st of May, 12:00 GMT  in #Technical analysis #AUD/CAD #Harmonic Trading #Bearish Signs #Fibonacci Level #Channel Breakout
Daily Vision
The pair trend is bearish in daily time frame. Vital resistance is present at weekly close. In past few trading days, price has completed possible bearish impulse Wave-A and moved up.
Based on Elliott wave analysis, I now expect price action to print bullish Wave B. The trend is bearish and a good idea is to look for a sell trading chance to join the down trend after the end of bullish Wave B leg in current time frame or smaller time frame targeting 1.0160.
However, if bullish ca…
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Further bullish pressure

Ucef Posted 29 Feb. as Analysis on AUD/CAD, Target: 0.9624, Date: 1st of April, 12:00 GMT  in #Technical analysis #AUD/CAD #Fibonacci Levels #Retracements #Bullish Bias #Channel Breakout
Daily Vision

The pair attempted to push lower yesterday bottomed at support line but closed higher in another high volatile market.
We have been seeing a strong bearish market for the last two weeks where the pair slump more than 1500 pips without significant correction and the next potential target is seen around 0.9624 (weekly EMA 200).
The bias is bearish in nearest term. And an immediate resistance is seen around the daily close. While a clear break above that area could lead price to n…
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AUDUSD facing a strong trend line resistance

Ucef Posted 31 Jan. as Analysis on AUD/CAD, Target: 0.9905, Date: 1st of March, 12:00 GMT  in #Technical analysis #Resistance #AUD/CAD #Bearish #Breakouts #Rsi 14 #Support Line #Downward Channel #Channel Breakout
Daily analysis
AUDCAD opened the week at 0.9847 and touched a high of 0.9874. The pair then reversed directions and dropped to 0.9896, as support held firm at 0.9812. The pair closed the week at 0.9756. And the price of 0.9744 has been significant in the recent history of AUDCAD , and with a mid-line of a down-ward sloping channel offering an additional impetus for support, top-side reversal setups became attractive as a 1-to-4 risk-reward ratio was available using that 0.9568 level for risk wi…
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AUD/CAD Loses upside momentum

Ucef Posted 31 Dec. as Analysis on AUD/CAD, Target: 1.0040, Date: 1st of February, 12:00 GMT  in #Technical analysis #Resistance #Patterns #AUD/CAD #Bearish #Support Line #Downward Channel #Channel Breakout
Daily analysis
Since 8 weeks, there is an uptrend rally at AUD/CAD. Without bigger correction, price gains more than a 800 pips. Today upward movement is continued and this year's top was broken above. AUD/CAD reached a 15 months high. Correction may begin at every moment, however it is likely that current movement will lead price to supports at 1.0130 or 1.0200. If one of that levels will cause rebound, nearest support is at 0.9970 level.

[u]Weekly analysis
[/u]Since November 11, AUD/CAD …
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AUD/CAD bullish scenario

Ucef Posted 30 Sep. as Analysis on AUD/CAD, Target: 0.9714, Date: 2nd of November, 12:00 GMT  in #Technical analysis #Patterns #AUD/CAD #Support Line #Bullish Bias #Retracement #Channel Line
Weekly analysis
a break in 0.9576, I believe you should be able to see 0.9400. Since that's absolute break, Only short I would take. This is a trend in trend. Be careful of 0.9823 should be great buy. Other then that, If your not in already, wait for those two area's. Waiting on absolute break of 0.9878 for buy. watch for 0.9576 for sell.. Only time will tell. 0.9652 should act as support in mean time.
Daily analysis
AUD/USD is subdued in early Asia after a mixed number of sessions overnight as …
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AUDCAD weekly chart remains bearish.

Ucef Posted 31 Aug. as Analysis on AUD/CAD, Target: 0.5665, Date: 1st of October, 12:00 GMT  in #Technical analysis #AUD/CAD #Elliot #Bearish #Correction #Pullback
Weekly chart remains BEARISH. Rally to 1.0783 ended wave ((w)) FLAT. A multi-month wave ((x)) pullback is now in progress to correct the rally from (b) low at 0.765 - ((w)) high at 1.0783 towards an ideal target of 0.833 - 0.8716.
Wave ((x)) pullback is unfolding in the form of a double corrective structure (w)-(x)-(y) where wave (w) ended at .9175, wave (x) ended at 1.035, and wave (y) is currently in progress towards 0.9096 - 0.933 to complete red wave w.. Once red wave w is complete, the pai…
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