hello everyone, NZDCAD made a strong bullish move yesterday due to CAD BOC news, the bullish move can be seen in 4hr tf clearly, however in weekly timeframe the price is still bearish... the monthly candle is still in decision.. To get a good sell entry wait for BOS in 4hr tf... SL and TP is shown on chart use proper lot size and risk management for your...
NZDCAD was in distribution phase, completed its distribution phase , go down, retested, will go short what u guys think about it
Please, check our technical outlook for NZDCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.824. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.831 level. P.S We determine...
NZDCAD making Bearish Trend, RSI is also sync. Will this trend continue? Entry, Stop Loss & Take Profit are mentioned.
We have an uptrend. Price has made a higher high but Stochastic couldn't make, so we have a regular bearish divergence and price will probably go down!
Dear Traders, We have a great opportunity on NZDCAD , please wait for price to come and bounce at our area of entry. Price already have breakthrough the bearish strong trendline meaning price have changed the character for the first time since months. Now price that has not yet re-confirmed that price can continue the bullish trend and we can have a swing trade...
Story: Location is Excellent - Fib touch Bottom Speed Index a bit on the high side - I would preferred them to be higher to denote hard to move down moves. Immediate reaction after the last high down volume wave the largest up volume wave. The up waves are increasing What we need now is a retracement with small volume to go long. There is chance also to...
Having strong bullish divergence and the trend is breaking the last LL and LH pair is looking for promising bullish move and by applying fib you can buy at cheaper price to gain more profits
NZDCAD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long NZDCAD Entry - 0.8248 Sl - 0.8213 Tp - 0.8286 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The New Zealand cpi print came out positive and will support the NZD in the short term. On the other hand, the BOC meeting is expected to weaken the CAD.
Anticipating bounce here from major SR on H4, break of trend on H1 with retest and rejection candles up for a 30 pip move or so to TP.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.82300 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.82300 support and resistance area. Trade safe, Joe.
let´s see. The asset is bearish and possible can go down till fill the FVG. Good luck, and be carefull, it´s friday.
The NZDCAD is a quotation that expresses the relationship between the New Zealand dollar and the Canadian dollar. It belongs to commodity quotes as the countries' export volumes impact its rate. When analyzing the pair, consider data on New Zealand's and Canada's trading partners. The NZDCAD rate depends on GDP, interest rates, inflation, labor market stats, and...
I am detecting a demand zone here for NZDCAD in 15 min time frame. Not the best zone, but it seems if we hit the target, the RR would be around 2 at least.
The Intraday trend has been bearish until the bearish structure has shown a potential signal for the intraday price to change bullish or a consolidation. As from the chart we can see a basic character change of the trend.
Consider selling AUDCAD based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.