AUD/CAD chart - Trading View
- AUD/CAD rejected at session highs at 0.9399, bias bearish.
- Near-term trend in the pair has turned bearish as indicated by GMMA indicator.
- Recovery attempts capped at cloud which offers stiff resistance at 0.9448.
- Price action is below cloud and major moving averages and technical indicators are supporting wekaness.
- Volatility is rising as evidenced by expanding Bollinger Bands and RSI and Stochs are sharply lower.
- Break below strong trendline support at 0.94, raises scope for further weakness.
- Next immediate support lies at 61.8% Fib at 0.9360. Break below will see dip till 0.9318 (trendline).
- 5-DMA is immediate resistance at 0.9409, break above cloud and 200-DMA negates bearish bias.
Support levels - 0.9360 (61.8% Fib), 0.9316 (Mar 1 low), 0.9248 (78.6% Fib)
Resistance levels - 0.9409 (5-DMA), 0.9471 (nearly converged cloud and 200-DMA), 0.95
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 



