P2P INDi Update: AUD/CAD 4-Hour Analysis
AUD/CAD is trending lower, moving from a pivot high of 0.9264 down to a pivot low of 0.8782.
The 4-hour timeframe reveals a mixed outlook:
Oscillators: Show a balance between neutral and bearish signals, with some indicators suggesting the pair is oversold.
Moving Averages: Most short- to mid-term MAs are pointing to continued bearish momentum, but the 200-period MA offers long-term support near current levels.
Market Insight: The Australian Dollar faces pressure, likely from weaker commodities, while the Canadian Dollar is supported by stable oil prices. Monitor for either a breakdown or a bounce from support around 0.9115.
Stay vigilant and watch for confirmation before taking action.
The 4-hour timeframe reveals a mixed outlook:
Oscillators: Show a balance between neutral and bearish signals, with some indicators suggesting the pair is oversold.
Moving Averages: Most short- to mid-term MAs are pointing to continued bearish momentum, but the 200-period MA offers long-term support near current levels.
Market Insight: The Australian Dollar faces pressure, likely from weaker commodities, while the Canadian Dollar is supported by stable oil prices. Monitor for either a breakdown or a bounce from support around 0.9115.
Stay vigilant and watch for confirmation before taking action.
Professor C. E. Ward
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Professor C. E. Ward
Wyลฤ czenie odpowiedzialnoลci
Informacje i publikacje przygotowane przez TradingView lub jego uลผytkownikรณw, prezentowane na tej stronie, nie stanowiฤ
rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny byฤ w ten sposรณb traktowane ani wykorzystywane. Wiฤcej informacji na ten temat znajdziesz w naszym Regulaminie.