📉 Based on the 2-week chart of NZDCAD, the pair is currently trading in a descending triangle pattern. This is a bearish pattern that suggests that the price is likely to continue to decline. The price has been making lower lows and lower highs within the triangle, which is a sign of weakness. Both the Simple and the Exponential 200-day moving averages are also...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.80350 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.80350 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.80300 zone, NZDCAD was trading in a downtrend and successfully managed to break it out. currently we are waiting for a correction to see a potential retrace of the trend towards more highs. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDCAD has been overall bearish trading inside the falling channel in red, and it is currently approaching the lower trendline. Moreover, the 0.79 - 0.8 is a strong support zone. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the...
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.81100 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.81100 support and resistance zone. Trade safe, Joe.
NZD/CAD was trading in a narrowing wedge pattern but now we are seeing a bullish breakout so I will be expecting growth.
Could we get a retest of the previous high? Nice demand are here as well as potential divergence dating back to around 7/18 when the recent downtrend started.
I see an old pattern I highlighted in the chart with a circle. I'm looking for something like this pattern and then breaking the trend line, and boom .. going down to the last low for TP1, and then we’ll see where the price wants to go and will follow. PS. Leave your comments and thoughts.
Price is doing a pullback to the resistance, and there's a cluster. I'm looking for an entering position in a short direction .. with confirmation in lower timeframes. PS. Leave your comments and thoughts.
Hey Traders, in the coming week we are monitoring NZDCAD for a buying opportunity around 0.84100 zone, NZDCAD is trading in a downtrend and currently seems to be attempting to break it out. Once we get rallies above the trend we will be watching a potential retrace of the trend towards more highs. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81950 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring NZDcAD for a selling opportunity around 0.84 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 0.84 support and resistance zone. Trade safe, Joe.
We're seeing price test a key 78.6% Fibonacci projection + an overlap resistance. We could see a reversal from here that could take prices all the way down to slightly above the 23.6% Fibonacci retracement at 0.8177. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third...
Hey Traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.81500 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 0.81500 support and resistance zone. Trade safe, Joe.
NZDCAD completed a Death Cross yesterday on the 1D timeframe with the 1D technicals naturally bearish (RSI = 41.395, MACD = -0.004, ADX = 27.419) as the price is under the middle of the logn term Megaphone pattern. Every Lower Low has so far been at or under the Fibonacci 1.236 extension. With the 1D RSI under an LH trendline itself, we are going short, targeting...
Price broke multiple structure to the downside, leaving behind a lot of inducement that it's looking to take before it continues with its bearish flow.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81650 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 0.81650 support and resistance zone. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81700 zone, NZDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.81700 support and resistance zone. Trade safe, Joe.