Analysis of the AUDCAD Currency Pair for 30.01.2026
Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.
30.01.2026.
AUDCAD
The trend is bullish. The currency pair is trading within the range of the 365 and 135 EMAs. A bearish truncated wave structure is in place. The Awesome Oscillator shows bullish divergence, while the Stochastic Oscillator indicates oversold conditions.
Trading Idea:
Buy on the formation of a descending wave structure, where wave (A) breaks the descending channel of the bearish truncated structure.
Stop Loss: below the local low of the bearish truncated structure
Target levels: 0.95130; 0.95600.
