FX:NZDCAD   New Zealand Dollar/Canadian Dollar
72 views
1
72 1
Daily Analysis:

- Daily closure yesterday rejected 38.2%
- Daily reversal candle printed and closed below 0.91000
- MACD showing divergence
= Sell

(Potential trend reversal after MACD indicating a change in trend momentum, also Fibonacci level 38.2% being rejected)
I'm short on NZDCAD and AUDCAD. NZD and AUD are linked though the respective economies compete. The weekly pictures on both seem right for potential reversals, though not everybody will agree. My assessment is based on patterns of oscillation. Both currencies NZD and AUD have been unusually bullish in last three weeks, especially at a time of serious crisis in lands 'downunder'.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out