منو
Australian Dollar - Canadian Dollar

تحلیل و پیش‌بینی AUDCAD - Forex

Market Trend Forecasting: Bullish Trend
This analysis has held true since August 8, 2024, maintaining its validity over the 816 روز پیش.

Chart preview of the AUDCAD analysis

Australian Dollar - Canadian Dollar long term analysis


* The golden lines denote stronger support/resistance levels.
* The blue-shaded area illustrates the preceding trend.
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Summary of the AUDCAD analysis

Australian Dollar - Canadian Dollar long term analysis

Detailed AUDCAD forecast as well as a Australian Dollar - Canadian Dollar technical analysis based on Gann Theory
According to the results of this analysis, which was obtained based on the formula and laws of Gann's theory, "AUDCAD" it has entered an upward trend on 8/8/2024. Based on this analysis, this currency pair has faced a strong resistance around the price of 0.89509 and the market has experienced a reversal.
If the bulls can push the market up, the price could find immediate Resistance at 0.89038 and 0.88566. A small slip could lead traders to the price of 0.88096.
On the other hand, after a bit of market play between the nearest support and resistance levels, a the next successful move may add some optimism for further Bullish action to 0.87628 and 0.8716.
In summary, "AUDCAD" is still in Positive territory as it is standing above the 0.89509 price level, however, any drop below the 0.87628 price level could shift the market outlook to a bearish perspective.

Support/Resistance Levels

Rotation at the Gann square in the main and sub angles

  • Resistance 1: 0.89038
  • Resistance 2: 0.88566
  • Resistance 3: 0.88096
  • Resistance 4: 0.87628
  • Resistance 5: 0.8716
  • Resistance 6: 0.86694
  • Resistance 7: 0.86229
  • Resistance 8: 0.85766

The chart in the eyes of Gann

Converting numbers to degrees based on the rules of Gann's theory

Start Date: 7/15/2024
End Date: 8/8/2024

Price High: 0.92639 ⟶ 63°
Price Low: 0.89509 ⟶ 36°

Price Range: 0.03 ⟶ 45°
Work Day: 18 ⟶ 157°
Calendar Day: 24 ⟶ 292°

Square of Price with the Time

Result of calculation the square of price with the time

  • The Word day is squared with an offset of 90° and a difference of 4°

Matching Price or Time

Matching price or time with series of numbers

  • ••• The difference of the roots (0.16) with the important number; Number: 0.146 - Source: Important Ratio
  • ••  The difference of the roots (0.16) with the important number; Number: 0.236 - Source: Important Ratio
  • ••  Matching 28 degree motion with the important number; Number: 25 - Source: 5*5
  • ••  Matching 28 degree motion with the important number; Number: 27 - Source: 3*3*3
  • ••  Matching 28 degree motion with the important number; Number: 29 - Source: Lucas Number
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