FX:NZDCAD   New Zealand Dollar/Canadian Dollar
95 4 1
Looking bullish to me. Some retracement probable.
I don't trade this pair but you study makes me wonder whether my AUD/USD short may work well when your NZD/CAD prognosis would come true. That's why I'm closing my Aussie position now.
Reply
ForceFollower motleifaul
Don't worry. The aussie is clearly weak again, as it usually is. It should be weakening for another trading day or two. The U.S. dollar is still strong, maybe not as strong as the British pound, but it keeps strengthening. I believe, it may be the aussie's weakness that has been pulling the kiwi down not the other way round (Australia's economy is eight times bigger than the New Zealand's). I think that kiwi will strengthen but not as much as it was until Nov. 18th.
Reply
This looks very well. It is the same picture as USD/MXN 3 days ago.
Reply
ForceFollower motleifaul
Yeah, you're right. I can see the similarity, except for the fact that that one was on a daily chart and this one is on a 240. So, if your reading confirms on this pattern here as well, this one may be a happy win. :-)
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out