CADAUD Canadian Dollar - Australian Dollar Forecast, Technical & Fundamental Analysis

CADAUD's RSI Oscillator slumps oversold zone

The RSI Oscillator for CADAUD moved into overbought territory on June 29, 2025. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 16, 2025. You may want to consider a long position or call options on CADAUD as a result. In of 142 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CADAUD just turned positive on July 15, 2025. Looking at past instances where CADAUD's MACD turned positive, the stock continued to rise in of 113 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CADAUD advanced for three days, in of 255 cases, the price rose further within the following month. The odds of a continued upward trend are .

CADAUD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CADAUD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CADAUD entered a downward trend on July 12, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.