FX_IDC:NZDCAD   NEW ZEALAND DOLLAR / CANADIAN DOLLAR
Here we some have analysis on the pair NZD/CAD on the 4hr. I am going short on this when I see the opportunity at the moment it is going down but I feel that shortly it will start an ascent upwards. you could buy in as a short term buy when it bounces off one of the supports.

Looking at the chart when the price action reaches 0.89464 (Yellow Zone) this could be a potential reversal for the uptrend at this point I will be keeping an eye on the candlesticks patterns for a bullish candlestick as the bulls maybe in the market.
If that Yellow zone is broke it will continue its descent to the support zone where it has been tested 4 times already, Again at this point I will be looking at the candlestick patterns to find a potential bullish candle formation.
If the pattern does then form which I think it will if it doesn't form at the Yellow zone. it will start it ascent upwards I will be looking for a candlestick formation to confirm this. the price then ascend towards the trendline when price hits 0.90722 (Light Blue Zone) I will be looking as this maybe a new resistance zone forming and it will bounce off this and go down.

let's see how this one plays out

any advice & feedback is welcome via the comments or the chat.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out