NZDCAD
Bullish bounce off overlap support?NZD/CAD is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 0.81661
1st Support: 0.81118
1st Resistance: 0.82660
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bearish drop?NZD/CAD has reacted off the resistance level which lines up with the 127.2% Fibonacci extension and could drop from this level to our take profit.
Entry: 0.82762
Why we like it:
There is a resistance level at the 127.2% Fibonacci extension.
Stop loss: 0.83048
Why we like it:
There is a resistance level that aligns with the 161.8% Fibonacci extension.
Take profit: 0.81723
Why we like it:
There is an overlap support level that lines up with the 509% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZD/CAD Triangle BreakoutThe NZD/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 0.8268
2nd Resistance – 0.8301
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NZD_CAD POTENTIAL LONG|
✅NZD_CAD is trading in a
Local uptrend and the made
A bullish breakout of the falling
Resistance line which is now
A support and the pair made a
Retest of the line and is already
Making a bullish rebound
So we will be expecting a
Further bullish move up
LONG🚀
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NZDCAD: Expecting Bearish Movement! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDCAD chart which, if analyzed properly, clearly points in the downward direction.
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NZDCAD — Sell Setup at Key Resistance ZoneOANDA:NZDCAD has reached a key resistance zone, marked by prior price rejections, suggesting strong selling interest. This area has previously acted as a key supply zone, increasing the likelihood of a bearish reversal if sellers step in.
If the price confirms resistance within this zone through bearish price action—such as wick rejections or lower timeframe weakness—we could see a move toward 0.81780, which aligns with a logical target based on recent market structure.
However, if the price breaks and holds above this resistance area, the bearish outlook may be invalidated, potentially opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
NZDCAD Trending Higher – Bullish Continuation Toward 0.82540OANDA:NZDCAD has broken above a key resistance zone, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook.
With momentum favoring the upside, the price could move upward toward the 0.82540 level, which represents a logical target within the current market structure. As long as the price remains above the support level, the bullish bias stays intact.
If you agree with this analysis or have additional insights, feel free to share your thoughts here!
Bearish reversal?NZD/CAD is reacting off the pivot and could reverse to the 1st support.
Pivot: 0.8152
1st Support: 0.8078
1st Resistance: 0.8194
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDCAD Selling Trading IdeaHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
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🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZD/CAD -H1 Chart - Wedge Breakout (27.02.2025)The NZD/CAD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 0.8101
2nd Support – 0.8068
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Bearish momentum gaining tractionMarket Analysis:
The current market structure is unfolding with clarity, exhibiting a familiar technical pattern. The price action initiated with a consolidation phase, characteristic of accumulation, followed by a bearish rally to the order block at 0.81400. This rally successfully broke the previous higher high, transitioning into a manipulation phase.
Subsequently, bearish momentum gained traction, reaching the swing low and executing a slight liquidity sweep. The price then marginally rebounded to respect the immediate internal supply zone at 0.81600. A significant rejection occurred at this supply zone, culminating in the clearance of the swing low and resulting in displacement.
Given this shift, the market is anticipated to reverse to the upside, facilitating a liquidity sweep and mitigation of the fair value gap. This final lag of the technique is expected to provide a bearish entry for the distribution phase, targeting the rejection block.
Trade Setup:
- Entry: 0.81700
- Stop Loss: 20 pips at 0.81900
- Target: 100 pips at 0.80700
Bullish bounce?NZD/CAD is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.8137
Why we like it:
There is an overap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.8103
Why we like it:
There is a pullback support level that lines up witht he 61.8% Fibonacci retracement.
Take profit: 0.8195
Why we like it:
There is a pullback resistance level that aligns with the 161.8% Fibonacci extension.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bullish bounce?NZD/CAD is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 0.8072
1st Support: 0.8032
1st Resistance: 0.8138
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZD-CAD Will Go Down! Sell!
Hello,Traders!
NZD-CAD went up sharply
And hit a horizontal resistance
Level of 0.8147 so we are
Locally bearish biased
And as we are already
Seeing a bearish reaction
We will be expecting
A local bearish move down
Sell!
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