NZDCAD - BUYWe have weekly support at play here historically price jumps off that line. We also have a falling open wedge which is generally a bullish signal for price to go back up. I do believe it will end up going to the spot where the arrow is..
Nzdcadlong
Potential opportunity for LONG NZDCAD Based on correlations NZDCAD is still overpriced in relation to JPY terms. After the recent decline (0.87%ish), I believe there is a chance of a slight bounce back due to support and resistance points.
Potential Long NZD/CAD based on correlation.Even though NZDCAD is still overpriced in a 6 month period when related to JPY, after the recent fall there seems to be resistance. Due to this I believe there is an opportunity for a tight stop loss with a good R0 ratio.
NZD/CAD This is Going To Be A Solid Trade!Hello traders,
This my analysis for NZD/CAD, hope you guys enjoy.
NZDCAD is Getting Ready for 300+ Pips MovementNZDCAD has done fake breakout near to trendline which means price was unable to break and sustain the trendline. This Week I will be bearish on ***Cad pairs.
NZDCAD, GIVE THE BULLS SOME SPACE!Hello Traders,
After that massive impulse in the 27th of March we have been looking for the perfect opportunity for a long position, however, our support levels didn't match, until now.
What we are looking for here is an H4 rejection in one of our support levels.
Give this trade some room because it can take a little bit to reverse, we can still see a move to our major support level, you can look for reversals in 1H and 15M in order to get a better entry, but remember, the lower the timeframe, the riskier it is!
Best of Lucks,
GlobalYouthTrading
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NZD/CAD: SELL From PullBack !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
What's Happening To NZD/CAD?Wait for retest and enter upon this...
Potential head and shoulder may also be forming...
Head and Shoulders formed on NZD/CAD 1DI have had a long on NZD/CAD for a few days now but tonight sees a clear break above the inverted right shoulder from Dec 18. If you like round numbers then the target price is 0.95000.
DYOR etc
Tony
NZDCAD 1Dnzdcad is already break trendline. so, wait for moment it's break the resistance area
if nzdcad break the resist area you should take a long position.
NZDCAD long intraday/swing trade setupLong opportunity on break of market structure to the up-side. Entry on pullback to .5 fib zone, TP 0.92539, SL at 0.90800.
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.9236 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.9074 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where 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.
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.9236 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.9074 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where 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.
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.9240 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.8981 (horizontal swing low support, 76.4% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our first resistance where 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.
