NZDCAD POSSIBLE MOVEI'm expecting price to fill my FVG then from there i will be looking for buying opportunities
Bearish drop?NZD/CAD is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.83288
Why we like it:
There is a pullback resistance level.
Stop loss: 0.83746
Why we like it:
There is a pullback resistance level that aligns with the 138.2%
NZD/CAD Shorting OpportunityThe daily chart shows a bearish fair value GAP that the price pulled back to and it's also an active order block.
Daily MACD is negative. This could be a good opportunity to go short. I will move to lower time frame and keep this updated.
28-10-2024 _ Short Term Bullish Idea _ NZDCAD H41. Price action approaching strong Support Zone.
2. Potential Bullish Divergence.
3. Enter at the break of the falling trendline coupled
with some candlestick pattern.
4. SL below Support zone and the Targets as shown in the plan.
31-10 ProbelegNZDCAD 4-11: opening of a new month The channel we have been following for a while remains current. The Macd starts from a bottom formed last week. We start with a small buy.
NZDCAD 4hr ShortNZDCAD
✅ 4hr Short ✅
💰ENTRY: 0.82772
👎STOP LOSS: 0.83037
TP TARGETS
⏰TP1
⏰TP2
⏰TP3
✅1. Weekly Time Frame: Price has been breaking bearish and trending below the 10, 50, 200 EMAs.
✅ 2. Daily Time Frame: Price has been breaking bearish and trending below the 10, 50, 200 EMAs.
✅ 3. 4hr Time Frame:
NZD/CAD Long D1Buy Stop Entry @ 0.83947
S/L @ 0.81188
T/P1 @ 0.86695
T/P2 @ --------
R.R.R. @ 1/1
Pure Price Action Trading based on Breakout of Key Levels.
NzdCad Trade IdeaIf you seen my last NC set up than you know I was looking for shorts with price being in a range. My original plan was to wait on price to retest the level of resistance after crashing back down the level to continue the range. I did take my first loss of the week but price managed to flip structure
NZD_CAD SUPPORT AHEAD|LONG|
✅NZD_CAD is going down to retest a horizontal support of 0.8281
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 0.8320
LONG🚀
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of NZDCAD is 0.83134 CAD — it has increased by 0.47% in the past 24 hours. See more of NZDCAD rate dynamics on the detailed chart.
The value of the NZDCAD pair is quoted as 1 NZD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 NZD.
The term volatility describes the risk related to the changes in an asset's value. NZDCAD has the volatility rating of 0.60%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NZDCAD showed a 0.20% rise over the past week, the month change is a −0.30% fall, and over the last year it has increased by 1.74%. Track live rate changes on the NZDCAD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
NZDCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade NZDCAD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with NZDCAD technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the NZDCAD shows the sell signal, and 1 month rating is neutral. See more of NZDCAD technicals for a more comprehensive analysis.