NZDCAD trade ideas
NZDCAD: Bullish Move From Support 🇳🇿🇨🇦
There is a high chance that NZDCAD will go up from the underlined support.
As a confirmation, I spotted a cup and handle pattern on an hourly chart.
Goal - 0.792
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NZDCAD What Next? SELL!
My dear subscribers,
This is my opinion on the NZDCAD next move:
The instrument tests an important psychological level 0.7949
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.7903
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Tariffs. Turbulence. OpportunityMarkets Rattle as Global Currencies Slide: Central Banks Prepare to Act
Global financial markets plunged on Monday as U.S. tariffs under the Trump administration, alongside retaliatory measures from key trading partners, officially took effect. The result: a wave of uncertainty and volatility that sent the Australian, Canadian, and New Zealand dollars spiraling to steeply discounted levels.
As this new economic reality unfolds, institutional investors and households alike are scrambling to adjust. In response, central banks across the globe face mounting pressure to stabilize their economies. The most immediate solution? Accelerated interest rate cuts.
Beyond the headline noise of trade wars, the deeper concern lies in domestic economic resilience. Economists and central bankers are increasingly turning inward, looking to bolster aggregate demand through aggressive monetary easing. The U.S. Federal Reserve, nudged persistently by President Trump, has already signaled its willingness to comply. Other central banks are expected to follow suit as nations seek to shield local industries from the impact of trade disruption.
The era of lower global interest rates appears to be more than a passing phase—it is becoming the new norm. In volatile times, disciplined strategies and a long-term lens are more essential than ever. We remain focused on seizing value where others see only risk.
Bullish bounce?NZD/CAD has bounced off the pivot and could rise to the 1st resistance.
Pivot: 0.81458
1st Support: 0.81095
1st Resistance: 0.82317
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💡Chart analysis of the NZD/CAD currency pair (4-hour timeframe). A falling wedge pattern appears, a reversal pattern that indicates a potential price rally after a breakout. The MACD indicator supports the bullish scenario, showing improved buying momentum after the breakout.
⛔️Not investment advice. For educational purposes only.
Bullish bounce?NZD/CAD has bounced off the pivot which acts as a pullback support and could rise to the 1st resistance which is a pullback resistance.
Pivot: 0.81458
1st Support: 0.81069
1st Resistance: 0.82317
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.
NZD/CAD Daily AnalysisPrice is moving within an ascending channel with price now testing support.
Look for potential buy setups after a change of sentiment on the smaller time frames if this meets your strategy rules.
This is an idea of what may happen. You should always trade with a well tested and profitable trading strategy using good risk management.
NZDCAD ShortsMarket structure bearish on HTFs 3
Entry at both DW
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 0.82000
H4 EMA retest
H4 Candlestick rejection
Levels 4.3
Entry 105%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
NZDCAD Will Fall! Sell!
Please, check our technical outlook for NZDCAD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.816.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.813 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NZD-CAD Free Signal! Sell!
Hello,Traders!
NZD-CAD made a bearish
Breakout of the key horizontal
Level around 0.8182 so we are
Bearish biased so lets let the
Pair make a pullback and
Retest the lower bound of
The new resistance level
And from there we can go
Short with the Take Profit
Of 0.8136 and the Stop
Loss of 0.8196
Sell!
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NZDCAD Potential Bullish ReversalNZDCAD price seems to exhibit signs of a potential Bullish Reversal on the shorter timeframes if the price action forms a credible Higher High with multiple confluences from key Fibonacci and Support levels.
Trade Plan :
Entry @ 0.822500
Stop Loss @ 0.81600
TP 0.9 - 1 @ 0.82830 - 0.82890
Bearish drop?NZD/CAD has reacted of the pivot and could drop to the 1st support.
Pivot: 0.8201
1st Support: 0.8078
1st Resistance: 0.8309
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.