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Nzd-cad

NZD/CAD Long- Strong NZD/weak CAD [BTFD]CAD has lost some power recently while NZD gaining strength looking to long the New Zealand Dollar against the Canadian Dollar indicators showing bullish signs, COP into bull and not overbought, AO indy moving up into bull area, while the VIX FIX is winding down ready for more volume and change of direction again bullish im looking for price to come under the P value 0.850-0.853 area First target is S3, maybe can go higher and left room on the trade to do so good trades to all for more updates please join our telegram chat in sig below
Long
by majorlee
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.8595 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 0.8463 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and seeing a bearish divergence and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Short
by Tickmill
7
EURUSD tests support at 1.1500 !The EURUSD story is unfolding exactly as expected and discussed lately. It is seen to be testing the support zone projected yesterday between 1.1500/30 levels, and probable bullish reversal likely from here. Looking into the immediate wave structure, a lower degree wave i and ii now seem to be in place with potential termination (for wave ii) at 1.1490/1.1500 levels. Please also note that prices are reversing from a fibonacci 0.618 support of wave i (between 1.1432 and 1.1620). Projected immediate target could be seen at 1.1800/50 levels, going forward. Overall, the short term bullish scenario remains for EURUSD. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
by FXTM
1
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.8510 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.8374 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
1
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.8519 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.8374 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by easyMarkets
EURUSD needs to clear above 1.1750 to confirm Wave C higherThe EURUSD rallied to test Friday highs yesterday and is seen to be trading around 1.1702 levels t this point in writing. Keeping the bigger picture intact, we are expecting a 3 wave corrective rally A-B-C, since bottom formation at 1.1300. Looking into the wave counts, Wave A looks to be complete at 1.1733 levels earlier, and potential Wave B might have terminated at 1.1526 levels. We are still keeping the alternate count for a more complex Wave B possibility to terminate around 1.1470 levels, before Wave C could resume higher. A consistent push above 1.1730/50 would confirm that Wave C is set to accelerate further. Overall, EURUSD bullish structure stays. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
Long
by FXTM
1
GBPJPY appears overboughtThe Tidal Shift Strategy has just bought EURUSD at 1.1638. The system recommends entering this trade at any price between 1.16215 and 1.16545. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.68557, which suggests that the EURUSD could be trending upwards.The 14-period Average True Range on a daily chart is 0.00132, so the stop loss has been set at 1.15719. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 58823 Time Issued: Thursday, 13 September 2018 20:00:16 GMT Status: open Entry: 146.444 - 147.096 Limit: N/A Stop Loss: 148.076
Short
by FXCM
NZDCAD approaching resistance, potential drop!NZDCAD is approaching our first resistance at 0.8560 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.8500 (horizontal swing low support). RSI (34) is also approaching our descending resistance line and a reaction below this level might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
NZDCAD approaching resistance, potential drop!NZDCAD is approaching our first resistance at 0.8562 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.8422 (61.8% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias. RSI (89) is also seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by easyMarkets
Awaiting for 1D break-out. Overall bearish: 1W Channel Down.NZDCAD is trading within a 1D Channel Down (MACD = -0.004, B/BP = -0.0015) that has however just made a Lower High (RSI = 48.054, Highs/Lows = 0.0000). If 0.87200 breaks then the underlying 1W Channel Down (RSI = 37.794, MACD = -0.010, STOCH = 21.859, ROC = -3.915) that has been dicating the bearish trend since March, will rise to price its own Lower High near 0.8900. That will be the ideal place to short (TP = 0.84500). On a different occasion (0.87200 doesn't break), continue shorting towards 0.84500.
Short
by InvestingScope
1
NZD/CAD short opportunity Technical Analysis: Bias Bearish - Price action has failed to extend break above 21-EMA - Pair slips below 5-DMA, 5-DMA has turned south - Major EMAs are downward sloping and price below daily cloud - RSI below 50 and biased lower, MACD well below zero mark Fundamental View: - Markets will be watching out for New Zeakand August business confidence data due later this week. - The Reserve Bank of New Zealand (RBNZ) has cited weak investment intentions as a reason for a more subdued outlook for the New Zealand economy. - RBNZ Gov Orr, at the Jackson Hole, reiterated that the central bank intends to hold policy rates low for an extended period of time which is likely to keep a lid on the Kiwi dollar. Support levels - 0.8641 (Nov 17, 2017 low), 0.8561 (Aug 15 low), 0.8555 (trendline) Resistance levels - 0.8679 (5-DMA), 0.8716 (21-EMA), 0.8761 (Aug 22 high) Good to go short on upticks, SL: 0.8720, TP: 0.86/ 0.8565/ 0.8555
Short
by FxWirePro
A new opportunity in the trend of NZDCADMidterm Forecast: There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.8785 would begin in Midterm. We will close our open trades. if the Midterm level 0.8785 is broken. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in the daily chart at 0.8825 on 08/08/2018, so more losses to support(s) 0.8400, 0.8310, 0.7965 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 24. Entry signal: Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Trade Setup: We opened 8 SELL trade(s) @ 0.9162 (day close price) based on 'Shooting Star' at 2018.06.22 signaled by DTO: Total Profit: 2270 pip Closed trade(s): 1744 pip Profit Open trade(s): 526 pip Profit Closed Profit: TP1 @ 0.9110 touched at 2018.06.26 with 52 pip Profit. TP2 @ 0.9065 touched at 2018.06.27 with 97 pip Profit. TP3 @ 0.9000 touched at 2018.06.28 with 162 pip Profit. TP4 @ 0.8930 touched at 2018.06.29 with 232 pip Profit. TP5 @ 0.8860 touched at 2018.07.02 with 302 pip Profit. TP6 @ 0.8785 touched at 2018.08.02 with 377 pip Profit. TP7 @ 0.8640 touched at 2018.08.09 with 522 pip Profit. 52 + 97 + 162 + 232 + 302 + 377 + 522 = 1744 pip Open Profit: Profit for one trade is 0.9162(open price) - 0.8636(current price) = 526 pip 1 trade(s) still open, therefore total profit for open trade(s) is 526 x 1 = 526 pip Take Profits: TP1= @ 0.9110 TP2= @ 0.9065 TP3= @ 0.9000 TP4= @ 0.8930 TP5= @ 0.8860 TP6= @ 0.8785 TP7= @ 0.8640 TP8= Free
Short
by ForecastCity
A new opportunity in the trend of NZDCADMidterm Forecast: There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.8785 would begin in Midterm. We will close our open trades. if the Midterm level 0.8785 is broken. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A peak is formed in the daily chart at 0.8825 on 08/08/2018, so more losses to support(s) 0.8400, 0.8310, 0.7965 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains. Relative strength index (RSI) is 24. Entry signal: Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons : Trade Setup: We opened 8 SELL trade(s) @ 0.9162 (day close price) based on 'Shooting Star' at 2018.06.22 signaled by DTO: Total Profit: 2270 pip Closed trade(s): 1744 pip Profit Open trade(s): 526 pip Profit Closed Profit: TP1 @ 0.9110 touched at 2018.06.26 with 52 pip Profit. TP2 @ 0.9065 touched at 2018.06.27 with 97 pip Profit. TP3 @ 0.9000 touched at 2018.06.28 with 162 pip Profit. TP4 @ 0.8930 touched at 2018.06.29 with 232 pip Profit. TP5 @ 0.8860 touched at 2018.07.02 with 302 pip Profit. TP6 @ 0.8785 touched at 2018.08.02 with 377 pip Profit. TP7 @ 0.8640 touched at 2018.08.09 with 522 pip Profit. 52 + 97 + 162 + 232 + 302 + 377 + 522 = 1744 pip Open Profit: Profit for one trade is 0.9162(open price) - 0.8636(current price) = 526 pip 1 trade(s) still open, therefore total profit for open trade(s) is 526 x 1 = 526 pip Take Profits: TP1= @ 0.9110 TP2= @ 0.9065 TP3= @ 0.9000 TP4= @ 0.8930 TP5= @ 0.8860 TP6= @ 0.8785 TP7= @ 0.8640 TP8= Free
Short
by ForecastCity
1