AUD/CAD – 2H – BUY
BUY
98%
▲ Bullish 98% (74.37)
▼ Bearish 2% (1.44)
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Signal evolution
Events for AUD/CAD
Full calendar- TodayAUDRBA Hauser Speech●●○in 3h
- TomorrowAUDFull Time Employment Chg (Jul)●●○Previous 29.3in 1 day
- TomorrowAUDUnemployment Rate (Jul)●●●Forecast 4.5%Previous 4.4%in 1 day
All times UTC.
Signals Fired
| Signals Fired | Category | Weight | |
|---|---|---|---|
| ▲ | Trendline Break Up | trendline | 2.55 |
| ▲ | Fibonacci Break UpTrend (24%) | fibonacci | 2.29 |
| ▲ | Support Level Retreat Up | sr | 2.28 |
| ▲ | SMA 200 Retreat Up | indicator | 2.21 |
| ▲ | Double Top Retreat Up | chart_pattern | 2.10 |
| ▲ | Trendline Retreat Up | trendline | 2.06 |
| ▼ | ADX Trend Weak | indicator | 2.01 |
| ▲ | STOCHF KD Cross Up | indicator | 2.01 |
| ▲ | BOP Zero Cross Up | indicator | 1.99 |
| ▲ | EMA 200 Retreat Up | indicator | 1.96 |
| ▲ | HT TRENDLINE Retreat Up | indicator | 1.69 |
| ▲ | KAMA Retreat Up | indicator | 1.53 |
| ▲ | HT TRENDMODE Mode to Trend | indicator | 1.49 |
| ▲ | MA Retreat Up | indicator | 1.30 |
| ▲ | Long Legged Doji | candlestick | 1.01 |
Trend Context
15MUPTrend forming
30MDOWNTrend forming
1HDOWNChoppy / sideways
2HUPChoppy / sideways
4HUPTrend forming
8HUPChoppy / sideways
12HUPChoppy / sideways
1DDOWNChoppy / sideways
Analysis
🎯 Key Takeaways
- AUD/CAD is showing a strong bullish setup on the 2H chart, with multiple signals aligning.
- The trendline break and retest, along with the failed Double Top, suggest buyers are in control.
- Watch the resistance at 0.98785; a break above could signal more upside.
- Support at 0.98192 is the key level to watch for invalidation.
The AUD/CAD 2H signal is overwhelmingly bullish, with a 96% probability and very strong strength. The confluence of signals includes a Trendline Break Up and Trendline Retreat Up, indicating a breakout and subsequent retest of a rising trendline, which is a classic bullish continuation pattern. Additionally, the Double Top Retreat Up suggests that a bearish pattern has failed, adding to the bullish case. The ADX Trend Weak implies that the market is not strongly trending, but the direction is clear. The BOP Zero Cross Up, STOCHF KD Cross Up, and EMA 200 Retreat Up all point to bullish momentum and support. The higher timeframe trends are mixed but lean bullish, with 4H, 8H, and 12H all showing bullish bias, though the 1D is bearish and choppy. The key levels are resistance at 0.98785 and support at 0.98192; a break above resistance could open the door for further upside, while a drop below support would invalidate the bullish setup.
Catalysts
- ▲ Multiple trendline signals (Break and Retreat) confirm bullish momentum.
- ▲ The Double Top Retreat Up indicates a failed bearish pattern, adding to bullish conviction.
- ▲ Momentum indicators (BOP, STOCHF, EMA 200) are all aligning in favor of buyers.
- ▲ Higher timeframes (4H, 8H, 12H) are bullish, supporting the 2H signal.
Risk Factors
- ▼ The 1D timeframe is bearish and choppy, which could limit upside potential.
- ▼ The ADX Trend Weak suggests the trend may lack strength, increasing the risk of a false breakout.
- ▼ If price falls below the nearest support at 0.98192, the bullish setup is invalidated.
- ▼ The 30M and 1H timeframes are bearish, which could lead to short-term pullbacks.
Symbol
AUD/CAD
Timeframe
2H
Direction
BUY
Probability
98%
Strength
VERY STRONG
Date
2026-08-18 10:00
cat_ Forex
Forex
Support & Resistance
| Level | Price | Formed |
|---|---|---|
| R1 | 0.98785 | 2026-08-17 |
| R2 | 0.99250 | 2026-08-05 |
| S1 | 0.98192 | 2026-08-14 |
| S2 | 0.98071 | 2026-08-11 |
| S3 | 0.97509 | 2026-07-30 |
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