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NZDCAD

InvestMate|NZD/CAD Nearest resistance zone🍁🍁NZD/CAD Nearest resistance zone. 🍁In the current analysis I decided to try to find where the current upward impulse which started with the breakout of the bottom on 10 October, followed by a huge upward wave until now, might end. 🍁 To define a possible good place for a correction, I decided to use the external fibo measure which I led from the current peak to the low we made today. 🍁The nearest possible level is around the price level of 0.8397 where the external fibo measure of 1.272 is located. 🍁It is worth noting that we have again moved out of the uptrend channel, breaking out of it at the upside. 🍁The support zone I decided to determine based on the 0.236 level and you can also see that it was previously very respected. 🍁The scenario I am playing out is to squeeze the price to the resistance level on a wave of optimism. But I am aware of the possibility of a correction at any time, this should be taken into account for this pair, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🍁*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
21
NZDCAD Targeting A Test of .8400Technical & Trade View NZDCAD Trade View Bias: Bullish Above Bearish below .8190 Technicals Primary support is .8190 Primary upside objective .8400 Weekly Trendline Next pattern confirmation, acceptance above .8285 Failure below .8180 opens a test of .8100 20 Day VWAP bullish, 5 Day VWAP bullish Institutional Insights Analysts at Credit Agricole note ‘The RBNZ’s aggressive tightening cycle will see NZ lead the rest of the G10 into an economic slowdown, and falling dairy prices on the back of a weak China economy are seeing the NZD underperform. The re-opening of the international border will be a positive for the coming 3M. Soft economic landings locally and internationally will improve the NZD’s prospects over the coming 6-12M’
by Tickmill
AUDNZD I Here's what to expect next week! Welcome back! Let me know your thoughts in the comments! **AUDNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
9
NZDCAD - Trend-Following Sell Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. NZDCAD is overall bearish from a long-term perspective trading inside the brown falling broadening wedge pattern, and it is currently retesting the upper brown trendline. Moreover, the zone 0.827 - 0.835 is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance zone and upper brown trendline. (acting as non-horizontal resistance) As per my trading style: Since NZDCAD is approaching the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
6
Earn +140 pips of profit by selling NZDCAD at the right price🧨🔰You can see the analysis of the New Zealand dollar to Canadian dollar currency pair in a 15-minute time frame (NZDCAD_ 15min) 🔍🎁 ⚡Considering that the price has been able to break the up trend line🖤 and pullback💜 three times, it can first fall to the Support🧡 and then to the DEMAND1 zone🔻 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 ____📈TRADER STREET📉______
Short
by TRADER_STREET