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NZD/CAD

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NZDCAD trade ideas

Bearish drop?NZD/CAD is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support level which acts as a pullback support. Pivot: 0.83803 1st Support: 0.8121 1st Resistance: 0.84314 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.
Short
by ICmarkets
1
Lingrid | NZDCAD short from PSYCHOLOGICAL levelThe price perfectly fulfilled my previous idea. FX:NZDCAD is making lower lows and lower highs, indicating a bearish trend. Recently, the price action showed a pullback from the support level and is currently moving sideways after the bearish momentum. I anticipate that the market may consolidate between the levels of 0.84000 and 0.82500 because the markets usually move sideways after the strong movement. Therefore, I expect the price to bounce off both the psychological level and the downward trendline. My target is support level at 0.82780 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
1
NZDCAD SELL OUTOANDA:NZDCAD THO IT IS SEEN AS A TRADE IDEA BUT AM ACTUALLY GIVING SIGNALS live once, which you will use and make some bucks out of the market, its been a positive month so far , so like its said , do what is in your control, which simply is analyzing and taking trades with proper risk management, , ok on game so far made my analysis , we starting a down trend on nzdcad so here is a lower high , and there is my entry , so lets do this, enguf has ocured , resulting to an evening star pattern, which calls for a sell, money bag,.lets gooo
Short
by jamesantiah
1
Key Levels for NZD/CAD: Support and ResistanceCurrently, the NZD/CAD pair is trading at 0.8400. It's important for traders to monitor key resistance level at 0.8435. A break above this resistance could indicate a bullish signal, allowing the price to rise further, with targets set at 0.8500 and 0.8530. Conversely, if the price moves downward and breaks the support level at 0.8372, it may lead to further declines. In that case, the next support level to monitor would be at 0.8327.
by FXTradingAnalysis
3
NzdCad Trade IdeaNC for me is bearish at the moment. Price is currently retesting a daily higher low after breaking bullish structures last week. We are bullish on smaller time frames at the moment with price giving us the pullback to retest. I'll personally be waiting on price to shift on the smaller time frames to then be in sync with the new overall trend. That shift should be our window to get into shorts for the new week. We could expect price to tap back into the low it made last week. Now if price comes back above that daily higher low with both time frame supporting longs then longs would end up being the new priority for me. We'll see what happens.
Short
by OfficialJ23
2
ICT Long setup on NZDCAD👋Hello Traders, Our 🖥️ AI system detected that there is an H1 or higher timeframe ICT Long setup in NZDCAs for session trade (a couple of hours) Here is a session trade idea (since it is near support surface, we should use small lot size) Please refer to the details Stop loss, Buy Zone,open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Long
by ICT_Trader_SB
1