NZDCAD AT PULLBACK SUPPORT LEVEL!Price just tested the pullback support level. I expect price to trade bullish away from the current market price. A buy opportunity is envisaged. We just had a bullish reversal pattern formed
CADNZD trade ideas
POTENTIAL LONG TRADE SET UP FOR NZDCADAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
The price has approached a previous swing low zone on the higher time frame (HTF) while moving within a descending broadening wedge. On the Mid time frame (MTF), we have a bearish impulse and bullish reversal structure. We will now monitor for a continuation structure to identify a potential entry point for the trade.
Expectation: A upward move is expected, with the target set at the top of the descending broadening structure.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
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.
❤️ Please, support our work with like & comment! ❤️
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!
CAD is getter weaker due to tariffs impositionIf i compare CAD in correlation to other pairs, I can smell weakness. We can observe EUR is strongest, GBP is strong while AUD is weakest. NZD has started gaining the fresh strength in per London session.
give you view in the comment.
NZDCADPrice broke out of strong resistance zone. Making that retest now because of news, if we get bullish confirmations then we look for the next resistance. Watch out for news tomorrow
NZD/CAD For Bullishyou can go long now
or
wait for entry point as pull-back and then go long
have fun :)
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!
NZD/CAD - Short Trade @0.81646Hi all, this chart is looking too clean not to post. FOLLOW ME FOR MORE!
Looking to sell at the 1H FVG hopefully tapping into the Breaker and stop above the swing which is an extreme zone for a 1H Mitigation
All Higher TF seems to be Bearish, buy side Liquidity has been taken and price is in a Premium area. We are shorting to capture a strong move capturing sell side Liquidity, may be room to hold into the lower SSL
Good luck to all the traders that decide to follow me
NZDCAD: Bearish Continuation After Breakout📉NZDCAD appears to be showing a bearish trend following a retest of a key horizontal support level.
I see a descending triangle pattern on an hourly time frame after its test.
There is a strong likelihood that the price will continue to decline and potentially reach a minimum of 0.8096.
NZDCAD: Bearish Triangle 🇳🇿🇨🇦
I see a descending triangle pattern on NZDCAD after a test of key resistance.
Its neckline breakout is a strong intraday bearish signal.
Goal - 0.8103
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDCAD is Bearish I'm looking for this pair selling from my poi after forming Algo structure on a 4h timeframe .....
Not a financial advice tho
Risk what you can lose 💪
NZDCAD SELL OPPORTUNITY Price is set to drop from the current market price as it faces a resistance around the pullback resistance level of 0.81444 its a potential opportunity to go short considering the over-all flow of the market being to the downside
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 BULLISH FOR 50PIPS1. Technical Analysis:
Trend: Check if NZD/CAD is in an uptrend on the daily or 4-hour chart. Look for higher highs and higher lows.
Support/Resistance: Identify key support levels where the price might bounce. A break above resistance could signal further bullish momentum.
Indicators: Use tools like RSI (Relative Strength Index) to check for overbought/oversold conditions. A bullish divergence on RSI could indicate potential upward movement.
Moving Averages: If the price is above key moving averages (e.g., 50 EMA or 200 EMA), it could support a bullish bias.
2. Fundamental Analysis:
NZD Strength: Look for positive economic data from New Zealand (e.g., GDP, employment, or inflation data). Stronger NZD data could push the pair higher.
CAD Weakness: Weaker oil prices (Canada is a major oil exporter) or dovish signals from the Bank of Canada (BoC) could weaken the CAD, supporting NZD/CAD upside.
Risk Sentiment: NZD is a risk-sensitive currency. If global risk sentiment improves (e.g., rising equity markets), NZD/CAD could benefit.
nzdcad buy tradeThe Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
NZDCAD sell setupOANDA:NZDCAD Overall bias on NZDCAD is bearish, entry is based on the 4H bearish engulfing at the Daily AOI around 0.80976
Idea on a chart I have notice the left shoulder on 78.6 fibs and 61.8 the 9am candlestick is a reversal .
The AUD, NZD and CAD remain the weakest of the major currencies vs the USD (along with the EUR). Versus the USD, the % changes for those currencies now shows:
AUD -1.10%
NZD -1.07%
CAD -0.73%
Technically the AUDUSD and NZDUSD are moving below the 50% retracement levels and look toward the swing level next target. The USDCAD is moving to the high of a key swing area
NZDCAD H2 IdeaPotential for a bullish pullback on the NZDCAD H2 which could lead to a price movement towards the resistance level at 0.82000. BUY levels from 0.80580
NZDCAD Selling Trading IdeaHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢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
NZDCAD: Bullish Continuation
The price of NZDCAD will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
❤️ Please, support our work with like & comment! ❤️
My A plus trade NZD CAD Entry
head and shoulders
H4 or daily
right shoulder 3pin
fibs important 78.6 - can also work on 61.8
SL should be above wick ideally.
The AUD, NZD and CAD remain the weakest of the major currencies vs the USD (along with the EUR). Versus the USD, the % changes for those currencies now shows:
AUD -1.10%
NZD -1.07%
CAD -0.73%
