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Weekly forecast Australian Dollar / Canadian Dollar technical chart
Symbol AUDCAD
Trade Setup

#AUDCAD
Total Profit: 5046 pip
Closed trade(s): 2286 pip Profit
Open trade(s): 2760 pip Profit

Trade Setup:
We opened 11 BUY trades @ 0.91207 based on 'Two Day Reversal Candle' entry method at 2025-12-19.

Closed Profit:
TP1 @ 0.92410 touched at 2026-01-05 with 120 pip Profit.
TP2 @ 0.93754 touched at 2026-01-22 with 254 pip Profit.
TP3 @ 0.94607 touched at 2026-01-26 with 340 pip Profit.
TP4 @ 0.95471 touched at 2026-01-29 with 426 pip Profit.
TP5 @ 0.96477 touched at 2026-02-11 with 527 pip Profit.
TP6 @ 0.97400 touched at 2026-02-25 with 619 pip Profit.
120 + 254 + 340 + 426 + 527 + 619 = 2286 pip

Open Profit:
Profit for one BUY trade is 0.96728(current price) - 0.91207(open price) = 552 pip
5 trade(s) still open, therefore total profit for open trade(s) is 552 x 5 = 2760 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
  • If the Midterm level 0.93750 is broken, we will close open trades.

DateMarch 16, 2026 - 19:59
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 0.93750 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  • We will close our open trades, if the Midterm level 0.93750 is broken.

Technical analysis:

  • A trough is formed in daily chart at 0.94615 on 03/09/2026, so more gains to resistance(s) 0.97400, 0.99000, 0.99900 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 55.

Take Profits:

  1. 0.92410
  2. 0.93750
  3. 0.94607
  4. 0.95471
  5. 0.96477
  6. 0.97400
  7. 0.99000
  8. 0.99900
  9. 1.02450
  10. 1.03950
Click on the level to view price action history.