NZD-CAD Risky Long! Buy! Hello,Traders! NZD-CAD went down again To retest the horizontal Support level of 0.8392 And it is a strong level So we will be expecting A local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals224
NZDCAD - Long active !!Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action from here as we have a confluence of confirmations, price rejected from bullish order block + liquidity zone + institutional big figure 0.84000. Like, comment and subscribe to be in touch with my content! by Snick3rSD12
NZD CAD - Long1. NZD CAD has formed a Double bottom on 1 hour time frame. 2. Bullish divergence has been formed. 3. A long position can be considered once the resistance level around 0.84184 is broken. Longby dawoodabbas260
DeGRAM | NZDCAD continued growth in the channelNZDCAD is trading in an ascending channel between the trend lines. The price is above the support level, which has already acted as a reversal point three times. The chart formed a pattern AB=CD, after which it reversed and reached the lower boundary of the channel, as well as the dynamic support. We expect a rebound. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM113
NZDCADNZD/CAD currency pair, specifically looking to enter around the 0.84630 level after a correction from an overbought (OB) area. Here are a few points to consider based on your statement: Correction from Overbought Area: If the price is currently in an overbought condition, it may indicate that a correction or pullback is likely. Traders often look for these corrections to enter trades in the direction of the longer-term trend. Entry Point: You mentioned an expected entry point of 0.84630. It's important to have a clear strategy for entering the trade, whether it's based on technical indicators, price action signals, or a combination of factors. Ensure your entry point aligns with your overall trading plan. Stop Loss: Setting a stop loss is crucial to manage risk. It's good practice to determine your stop loss level before entering the trade based on your risk tolerance and the technical analysis of the market. This helps protect your capital in case the trade moves against you. Trade Management: Consider your profit target and how you plan to manage the trade once it's open. This could include trailing stops, scaling out of positions, or exiting at predefined levels of support/resistance. Market Conditions: Always be aware of broader market conditions, economic news, and geopolitical events that could impact currency pairs. These factors can influence price movements and should be factored into your trading decisions. Remember, trading involves risk, and it's essential to have a well-defined trading plan, including entry and exit strategies, risk management techniques like stop losses, and an understanding of the factors influencing the market you're trading.Shortby Tdawly_OfficialUpdated 442
NZD_CAD LONG FROM SUPPORT| ✅NZD_CAD is about to retest a key structure level of 0.8400 Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx446
#NZDCAD: 500+ Pips Buying Chance, Do your own research first! NZDCAD price has sky rocketed due #cad bearish movement, we expect price to make a strong correction as we may see strong bullish price movement taking price to new level at 0.88. Please use your own analysis and knowledge before taking this idea. We wish you good luck trading next week. **If you like our idea then like and comment the idea, also follow us which will encourage us to bring you more** Team Setupsfx_Longby Setupsfx_1120
NZD CAD - Long Set UpShowing Signs of reversal on 1H TF. I have my buy stop / entry at 0.84470. Good Luck Entry 0.84470 Stoploss 0.84261 TP-1 0.84678 TP-2 0.84894 #Trading #Technical #Crypto #Stocks #commodities Longby BullBearBTC1331
NZD/CAD LONGNZD/CAD LONG " break of structure + 72% fib retracement " The Bank of Canada voted to cut interest rates at its June meeting from 5% to 4.75%, relying on its improved confidence that inflation is heading lower "NZD/CAD comes into focus as the Reserve Bank of New Zealand recently stressed that they are not in a position to cut rates any time soon."Longby elyes_hantous1
Market overview / part9!me Going Over My Full Strategy In Great Detail. And WHat Trades I Will Take Very Soon! 20:00by Tradelord12110
NZDCAD M15 IdeaPotential for a bearish pullback on the NZDCAD M15 which could lead to a price movement towards the support level at 0.84100Shortby GOLDFXCCUpdated 442
NZDCAD LONGPrice created new highs and my previous AOi was not retested, Looking for the next push from this current AOi; Market Structure is Bullish on HTFs 30% Weekly and Daily at the same AOi Weekly rejection from AOi Daily Rejection from AOi Previous Daily Structure point H4 Candlestick rejection Levels 4.03 Entry 90% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#Boost Longby mobbie_zwUpdated 112
Bearish Harmonic $NZDCAD dailyThe NZDCAD has reached a supply zone, as the daily chart shows. The pattern is valid until 0.84630, above which is the stop-loss. The target is 0.82428. The weekly range high was reached yesterday and today. Shortby Teuwie1225
NZDCAD LONGMarket Structure Bullish on HTFs 30% Weekly and Daily at the same AOi Weekly rejection from AOi Daily Rejection from AOi Around Psychological Level 0.84000 H4 Candlestick rejection Rejection from H4 Previous structure Levels 5.42 Entry 95% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostLongby mobbie_zwUpdated 2
NZDCAD - Long active !!Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action continuation after price rejected from trendline + liquidity zone + institutional big figure 0.84000. Like, comment and subscribe to be in touch with my content!Longby Snick3rSDUpdated 2210
NZDCADThis pair is clearly bullish but it needs a retracements as soon as possible. I´ll look for only to go long. If price can not reach my interested area before ending of the week I´ll remove the order. thanks and blessings. Longby SGsauragestionUpdated 131312
NZDCAD - Reversing to bearish - with short market sentimentNZDCAD has formed a head and shoulders pattern on the 15M timeframe. This has been formed at around the 0.618 Fib zone on the 1HR timeframe. Market sentiment is heavily bearish as well. Planning sell stop entry as shown on the chart.Shortby linkwithasad1
Shopping Idea - Stay With MeThere is a good shopping opportunity in this area, stay with meLongby razban_fx0
NZDCAD Will Go Higher From Support! Long! Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.841. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.845 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 113
NZDCAD Long (Buy Limit)Entry : 0.84260 TP : 0.85688 (1428 pts) SL : 0.83902 (376 pts) RR : 1 : 4 Expire : June 12nd, 2024 17:00 (UTC +7) Warning : This analysis is not trading advice. Always do your own research and manage your financial risk.Longby TradingSafe_FXUpdated 112
NZDCAD short term longFundamental : The Bank of Canada recently lowered its interest rates, impacting the value of the Canadian dollar. This dovish stance by the BOC has created a supportive environment for the NZDCAD pair to appreciate. Technical Analysis : The NZDCAD chart showcases a significant bullish potential, highlighted by a successful break above a key resistance level. Key technical observations include: Break of Key Resistance : The pair has convincingly broken above the resistance level, indicating strong bullish momentum. This breakout suggests that the market sentiment has shifted in favor of the New Zealand dollar. Support and Resistance Levels : Following the breakout, the previous resistance level now acts as support. This level should be monitored for potential retests, which could offer buying opportunities. Outlook : Bank of Canada’s Dovish Stance : The recent rate cut by the BOC has weakened the Canadian dollar, contributing to the bullish trend in NZDCAD. Continued dovish signals from the BOC could further support this trend. Market Sentiment : Investors are likely to favor the New Zealand dollar over the Canadian dollar in the short term, given the supportive monetary policy environment in Canada. Conclusion : NZD/CAD is exhibiting strong bullish momentum, driven by a technical breakout above a key resistance level and supported by the Bank of Canada’s recent interest rate cut. Traders should watch for retests of the broken resistance level for potential buying opportunities, while also considering the overall market sentiment and central bank policies. Longby Metow1sw4