Weekly 8 period moving average has crossed above the 16 period moving average. Referring to a monthly chart this could be the dip in order for the long term up trend for this pair to continue. Daily Looking at the daily chart, a head and shoulders pattern has formed. The resulting neckline can be drawn in two ways: 1. Horizontal at 0.91 - in line with the...
From my view NZd outperform and cad underperfom so i made this intraday trade short at 0.8980 target 0.8920 gains 60 pips in 2 x 1 lot when first lot reach 25 pips i cut it and make the second lot with a SL at + 15 pips
i short bzd cad because i found cad very undervalued also NZD milk price was down of more 3% since last and new Giv and member on monetary policy is still not clear for futur. short at 0.9021 target 0.8920 Gain 101 pips come with 2x 1lot will cut the first at +30-40 pips and make a Sl on a 2nd at +15 for securite 45-55 pips if my plan fail
OANDA:NZDCAD The reward to risk ratio is almost exact. Past 5 years and max have been profitable. Past few month have been non-profitable and filled with some more downward trends or negative correlations. Past year have been bad, and past day haven't been optimal as well as past week in terms of nice results. However, I am seeing a butterfly effect with an...
Hi traders, I am hoping to see a clean Bollinger Band spike for a reversal to the downside. If it does not happen, then I will anticipate a trade once the support below breaks. Let's see how the chart develops. We will very likely see an RSI Divergence as well. (This is not a trade recommendation!)
i short Nzdcad for a small coreection of 80 pips as he is much overbought in all indicator and CAd is undervalued enter at 0.9000 target at 0.8920 gain 80 pips open 2 x 1 lot ..when a first lot will reaach 40 pips i will cut it and let the other with a stop loss at +20 pips for secure the gains
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
We have a bullish gartley around a major support area. Looking to go long upon proper rejection and signal confirmation. LIKE and FOLLOW to get instant notifications each time i post trade setups.
NZDCAD is currently in a channel that starts to shape like a wedge. Currently the price sits close to the lower range. As you can see we can now also draw a new upper range. A break of this will confirmed the buy. A break of the lower range confirms a sell Have some patience and wait till break-out from either side, this break-out will happen on Friday and can...
NZD/CAD 1H Chart: Channel Down The New Zealand Dollar is losing value against its Canadian counterpart in a short-term tiny descending channel began to form after a 50-pip appreciation of the Loonie last Friday. Until this point, the currency rate was confidently moving to the south, crossing all barriers on its way. Most probably, the pair will...
On the daily time frame NZDCAD is showing a nice ascending channel. Previous candle touched the upper range and the current candle is trading outside of it,, making it a sweet buy setup. Stoch also just made its bullish cross over. Ive pointed out the next resistances areas which either be used as take profit targets or a target at which you move up your stop...
Hey Folks, Looking for upside, buy breakout of the channel. - Hey Amigos, Buscando una compra, comprad la ruptura del canal. Carlos
Hi All, Here is my weekend Analysis on this pair. Please note that this is only a guide I do not trade in the weekly time frame. Happy Trading.
If you look at the monthly chart of the NZDCAD Forex pair, you will see that is has been on a uptrend since it's opening. However, you could also clearly see that it cannot penetrate above the levels of the monthly (major) resistance. With the continuous failure to break above, a possible trend reversal (on monthly level) may be taking place -- the bears are...
I buy it after break and correction with blue area
On NZDCAD we have an awesome bearish setup. The price is heading towards the 14 and 72 EMA and the lower range while the Stoch RSI shows alot of selling pressure and the Adx shows a strong bearish trend. This leads to the conclusion that NZDCAD is heading for a further drop! Take profit: 0.92800 Stop loss: 0.95200