NZDCAD: Likely to Drop Again Inside a Corrective PatternNZDCAD: Likely to Drop Again Inside a Corrective Pattern
On the 4-hour chart, NZDCAD is moving within a large corrective pattern.
Looking at past price action, we can see that NZDCAD has repeatedly declined from this zone. The pattern suggests that another drop is likely.
The price movements hav
NZDCAD BULLISH OR BEARISH DETAILED ANALYSIS ??NZDCAD is currently coiling within a textbook bullish flag formation after an aggressive impulsive leg to the upside. Price action remains tight inside this consolidation structure, respecting both trendline resistance and support. As we approach the apex of this flag, I’m closely watching for a bre
NZD_CAD RISKY SHORT|
✅NZD_CAD went up to retest
A horizontal resistance of 0.8276
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 0.8251
SHORT🔥
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NZDCAD Technical & Order Flow AnalysisOur 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
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NZDCAD | Strong Demand Zone DetectedIf we look at the daily chart for NZDCAD we can see a strong demand zone forming. This level will make a good target for order flow.
Typically, you want to wait for price to reach this level and take a long. However, you can also use this as a higher timeframe orderflow bias. But keep in mind you'l
NZDCAD The Target Is UP! BUY!
My dear followers,
This is my opinion on the NZDCAD next move:
The asset is approaching an important pivot point 0.8191
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal
NZDCAD Is Bearish! Sell!
Take a look at our analysis for NZDCAD.
Time Frame: 10h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.824.
Taking into consideration the structure & trend analysis, I believe that the market will reach
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of NZDCAD is 0.82283 CAD — it has decreased by −0.51% 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 1.00%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NZDCAD showed a −0.06% fall over the past week, the month change is a 0.63% rise, and over the last year it has decreased by −1.62%. 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 neutral 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 buy signal, and 1 month rating is sell. See more of NZDCAD technicals for a more comprehensive analysis.