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Nzd-cad

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
NZDCAD 11/4/19NCAD Short Idea DAILY TF Overall higher timeframe price action has been bearish and we will be looking for potential short opportunities around key resistance Current price action has currently rejected the 38.2% daily fib level and weekly resistance around 0.85000 Another entry opportunity could present itself soon on a lower time-frame retest/retracement Look to target toward the monthly support level around 0.82500 followed by a target of the -27% daily fib level around 0.80650
Short
by ForexLeague