NZDCAD: Short-Term Bearish OutlookNZDCAD: Short-Term Bearish Outlook
Today, Canada will release its employment data. Analysts expect job numbers to rise by 2.5k, compared to last month’s sharp decline of -32.6k. The unemployment rate is also expected to edge up slightly to 6.8% from 6.7%.
If the job report shows improvement, it could strengthen the bearish momentum for NZDCAD.
From a technical perspective, NZDCAD has broken out of a triangle pattern, signaling increased downside pressure. The employment data could act as a catalyst for further movement.
Key levels to watch:
0.8160 – A strong zone where price might find support
0.8130 – The next target if the bearish trend continues
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CADNZD trade ideas
NZDCAD - Looking To Sell Pullbacks In The Short TermM15 - Bearish divergence followed by the most recent uptrend line breakout.
No opposite signs.
Currently it looks like a pullback is happening.
Expecting bearish continuation until the strong resistance zone holds.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
--------------------------------------------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZD/CAD SHORT FROM RESISTANCE
Hello, Friends!
We are going short on the NZD/CAD with the target of 0.818 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
NZDCAD → Intra-range trading. Retest of resistanceFX:NZDCAD is strengthening within a neutral trading range. The currency pair is supported by the dollar's correction, but how long will this last? Ahead of us are the FOMC meeting and Powell's speech...
The focus is on the trading range within which the currency pair continues its local trend. Liquidity around the 0.8317 level is attracting the price. The correction of the dollar is having a positive effect on the NZD. However, news is ahead, and traders are expecting a hawkish stance from the Fed. Against this backdrop, a reversal may occur...
Since the currency pair is in a neutral range, there is a high probability of a false breakout and correction.
Resistance levels: 0.83175
Support levels: 0.82644, 0.8235, 0.8225
The liquidity zone is likely to stop the price (temporarily or reverse it). Further movement depends on fundamental sentiment, but based on rumors about the Fed's position, it is worth carefully analyzing what data the market will receive this evening. A tougher Fed policy or hints of one could strengthen the dollar and weaken currencies...
Best regards, R. Linda!
NZD CAD buy zone📊 Trade Breakdown: NZD/CAD Buy Setup 📊
📍 Buy Limit Orders placed at:
🔹 Top of the buy zone
🔹 Mid-zone
🔹 Bottom edge near previous ASL (Asian Session Low)
🎯 Target: Looking for a clean pullback into the London High — watching for that reaction zone to deliver.
🔍 Setup based on classic Supply & Demand + Order Block structure — no noise, just precision trading.
⚖️ Risk Management on point:
Split entries across levels
Defined TP & tight SL
Strong Risk-to-Reward potential
Now it’s all about discipline and execution — let price come to us. 🧘♂️
This is how real traders operate. Stay sharp. 🎯
💬 Got questions? Drop them below. Let’s level up together.
#NZDCAD #ForexSetup #SmartMoneyConcepts #OrderBlocks #SupplyDemand #TradingCommunity #FundedTrader #RiskReward #LearnAndEarn
NZDCAD - Short Term Sell Trade Update!!!Hi Traders, on May 7th I shared this idea "NZDCAD - Looking To Sell Pullbacks In The Short Term"
I expected to see retraces and further continuation lower. You can read the full post using the link above.
Retrace and push lower happened as per the plan!!!
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
-------------------------------------------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDCAD – 1H Bullish Divergence Building the Case for a BounceNZDCAD – 1H Bullish Divergence Building the Case for a Bounce 🔁📈
What’s up traders 👋
Eyes on NZDCAD 1H — things are getting interesting. While price has been sliding lower, momentum is quietly painting a different story. That’s right: we’ve got a bullish divergence on the radar.
🔎 Lower Lows in Price, Higher Lows in RSI
Let’s keep it simple. Price has been pushing into new lows, but RSI is doing its own thing — making higher lows in the same zone. That’s a bullish divergence, and it often signals that the downtrend is running out of gas.
The sellers are pressing, but they’re not getting the same power behind their moves. Meanwhile, buyers are starting to show up — quietly, but with intent.
This is not just noise, this is accumulation behavior.
🧠 What to Watch For
A bullish divergence on the 1H doesn't guarantee an immediate reversal, but it definitely sets the stage. Here's how this could play out:
A double bottom, higher low, or trendline break could act as the trigger.
Volume increasing on green candles? Even better.
Watch for price reclaiming key levels or flipping recent resistance into support — that’s confirmation.
💡 Potential Setup Brewing
If you’re a scalper or short-term swing trader, this could be a great spot to start planning. Not every divergence plays out, but when they do — the risk-to-reward is often skewed in your favor, especially if you catch it before the crowd sees it.
📌 Momentum Is Whispering – Are You Listening?
What’s your take on NZDCAD right now? Are you preparing for the bounce or waiting for more proof?
#NZDCAD #BullishDivergence #1HChart #ForexTrading #MomentumShift #PriceAction #TechnicalAnalysis #RSI #SmartTrading
Short-Term Trade Setup: NZDCAD Eyes 0.82898–0.83110 TargetsGood day Traders,
Trust you are well.
Below is my analysis of NZDCAD.
Overview:
NZDCAD is retracing from the recent high at 0.83050, currently trading around 0.82628. Price action is approaching a key support zone between 0.82470 – 0.82285, an area that previously triggered bullish reactions. Momentum indicators are showing bearish pressure, with red histogram bars visible on the chart.
Idea:
Although bearish momentum is present, the histogram shows a slight decrease in selling pressure, hinting at a potential slowdown in the current downtrend. If the pair holds above the 0.82287 level, it could signal a potential reversal or bounce. This would open room for bullish targets at: 0.82898, 0.83039 and 0.83110.
However, a confirmed break below 0.82287 could expose the next support around 0.82100.
Conclusion:
The pair is at a critical support zone, with decreasing momentum suggesting that sellers may be losing strength. A bounce from current levels could provide a short-term buying opportunity, while a break below 0.82287 would invalidate the bullish outlook.
Cheers and happy trading!
NZDCAD at Key Resistance Level: Will it Drop To 0.81608?OANDA:NZDCAD is approaching a key resistance level that has previously acted as a strong barrier, triggering bearish momentum in the past. This zone also aligns with prior supply areas where sellers have stepped in, making it a potential point of interest for those looking for short opportunities. Given its historical significance, how price reacts here could set the tone for the next move.
If bearish signals emerge, such as rejection wicks, bearish candlestick patterns, or signs of weakening bullish pressure, I anticipate a move toward the 0.81608 level. However, a clear breakout above this resistance could challenge the bearish outlook and open the door for further upside. It's a pivotal area where price action will likely provide clearer clues on the next direction.
Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with a proper risk management.
Best of luck!
NZDCAD Technical & Order Flow Analysis (Ranging)Our analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view, the price will fall to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
Please support our analysis with a boost or comment!
NZDCAD Will Go Higher! Buy!
Please, check our technical outlook for NZDCAD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.821.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.825 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
NZDCAD: Bullish Continuation is Highly Probable! 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 upward direction.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
NZDCAD: One More Bearish Forex Pair 🇳🇿🇨🇦
One more CAD pair that looks strongly bearish to me is NZDCAD.
Price action analysis speaks out loud on a daily.
The market was rallying nicely and started to slow down,
approaching a key horizontal resistance.
The price started to consolidate and dropped then violating
multiple horizontal supports and a rising trend line.
With a high probability, the market will drop even lower.
Next support - 0.81
❤️Please, support my work with like, thank you!❤️