NZDCAD long#NZDCAD market has first broken out of the bearish channel and now moving in a descending triangle. As still on both times they cant broke a strong support level. So there is now a buying oppurtunity.
NZDCADANALYSIS
SWING TRADE IDEA FOR NZDCADadhere to proper risk managment if you're going to take the trade. the chart is self explanatory.
NZDCAD Short SignalNZDCAD moving in this downward channel and is also retesting the 0.87111 support level which is now become resistant.
NZDCAD - BEARISH BIAS=====
MARKET OUTLOOK
=====
NZD - BEARISH
1️⃣ Lower dairy, import and export prices. The fall in prices reflected a decline in the price of dairy products.
2️⃣ Risk-off markets sentiment expected ahead of U.S jobs data.
CAD - BULLISH
1️⃣ A ramp-up in global vaccination efforts and a strong economic recovery could push the Loonie higher.
2️⃣ Rising oil prices underpinned the CAD.
3️⃣ Canada's economic growth in the first quarter remained robust.
=====
TECHNICAL
=====
- We're shorting this pair on SBR level + Pivot level + SMA 50 area on H1 chart.
Wait for the confirmationWait until you get a confirmation to Enter #Long or #Short on #NZDCAD. Bear in mind that #NZDCAD is currently following a #Bearish Trend.
NZDCAD - BEARISH BIAS=====
MARKET OUTLOOK
=====
NZD - BEARISH
1️⃣ New Zealand’s export prices declined 0.8% in the first quarter of 2021, adding to the decline from a 0.4% fall in the previous period. The market expects only to fall by 0.6%. The fall in prices reflected a decline in the price of dairy products which fell 2.4% and meat which fell 1.5%.
CAD - BULLISH
1️⃣ A ramp-up in global vaccination efforts and a strong economic recovery could push the loonie higher.
2️⃣ The Canadian central bank is expected to keep its current guidance on interest rate hikes starting in the second half of 2022.
3️⃣ Rising oil prices underpinned the CAD.
4️⃣ Canada's economic growth in the first quarter remained robust.
=====
TECHNICAL
=====
- We're shorting this pair on SBR level + SMA50 area + pivot point area on H1 chart.
nzdcad - longprice can possibly break out and go long. Price is in a corrective phase, my target is 0.88750.
NZDCAD - Bullish Opportunities !Welcome to our Trade Setups - June 01th ( NZDCAD ) !
BUY NZDCAD
ENTRY LEVEL @ 0.87508
SL @ 0.87101
TP @ 0.88321
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
nzdcad longs! (Entry given) Topdown analysis!Hey traders, here is my analysis for NZDCAD, nice daily swing trade lining up in the coming days.. Let me know your thoughts below
NZDCAD LONGNZDCAD is in a long term #Sell trend, but for a short term trade, it may continue to touch its high at 0.88367 and it will tell us afterwards what it wants to do.
*** #NZDCAD ** BULLISH OPPORTUNITY ? Hello Traders,
It's been quite the year thus far for 2021 with hope of us coming out of the pandemic
eventually and seeing more normal moves in the market. Last week was quite a bit
of market chop with the news and politics and market rate decisions.
We've identified NZD gaining strength in other pairs and now that has moved over to
NZDCAD. OANDA:NZDCAD
Good Risk to Reward with this setup with Stops around .86400 price mark.
As always, trade only what you are willing to lose!
The Trading Regime
Forex |NZD/CAD| head and shoulders pattern breakout Forex |nzd/cad| head and shoulders pattern breakout
Forex |nzd/cad|learn technical analysis - short term sell signalhello traders and welcome to eg finance
In this video, I’ll give you the full analysis of NZD/CAD
Searching for the best opportunities for trading.
This video will be good maybe the best for anyone Who started his journey in trading and wants to learn technical analysis.
In this video, I will show you my style of trading and how I analyze charts, and how simple it is.
This video is full of information about technical analysis
I will show how to use
Fibonacci tool
Forex patterns like ( head and shoulders, bullish flag, and bearish pennant )
Notice divergence
And how to trade harmonic trading
All of this in this video, so let's get started
NZD/CAD New Free Short Trade To Catch 120 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CAD Free Trade Running In 140 Pips, New Entry AddedThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CAD Free Trade Running In 70 Pips Profits , What Next ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CAD Free Trade Running In 40 Pips Profits, What Next ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CAD New Free Short Setups To Catch 230 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
