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Nzd-cad

Don't miss the great buy opportunity in NZDCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8501). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 77. Take Profits: TP1= @ 0.8645 TP2= @ 0.8790 TP3= @ 0.8905 SL= Break below S2
Long
by ForecastCity
6
Don't miss the great buy opportunity in NZDCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8501). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 77. Take Profits: TP1= @ 0.8645 TP2= @ 0.8790 TP3= @ 0.8905 SL= Break below S2
Long
by ForecastCity
6
NZDCAD DAILY 11/17/19NZDCAD SHORT IDEA Overall higher time-frame analysis shows that price action has been majorly bearish Current price action is near the daily 38.2% fib level as well as a weekly resistance level around 0.8500 To support our bearish sentiment we would like to see strong bearish setups coming from the current level and pushing down toward 0.83500 Upon a break and retest of the 0.83500 level we will target toward our monthly support around 0.82500 followed by a target toward our daily -27% fib level near 0.80600 If price action breaks the 0.8500 look for price to reach the daily 61.8% fib level around 0.86300
Short
by ForexLeague
NZDCAD DAILY 11/9/19NCAD Short Idea Higher time-frame analysis suggests a bearish continuation as that has been the overall trend Current price action has rejected the daily 38.2% fib level with a strong evening star pattern and extreme exhaustion but is now sitting at a support zone around 0.83600 We will look for a significant break of this zone followed by a retest with good bearish confirmation before entering short Looking to target toward the monthly support & 0% fib level around 0.82500 followed by a second target down to the -27.2% & weekly support near 0.80250
Short
by ForexLeague