In this video, we take a look at NZDCAD as price rejects the key demand zone. NZDUSD is currently at support and despite the recent USD strength is holding at the level. USDCAD is trading back above 1.3400 highlighting the weakness in the Canadian dollar. Looking to this chart we could see a swing trading opportunity from the current levels to the key resistance.
Hello traders, This my analysis for NZD/CAD, hope you guys enjoy.
NZDCAD is a very wild bucking bronco. Recent price action in a ranging market holds some potential for long or short positions. But at this time it's a waiting game. Avoid FOMO.
In this video update, we take a look at the NZDCAD as price failed to break out of the resistance trendline. Typically, when the market falsely breaks out of consolidation we see a move in the same direction. The weekly chart finished has as a bearish engulfing candle and we could see price continue lower. Looking to the 4hr timeframe, we can see price...
In this video update, we take a look at NZDCAD and how this market could be the one to watch ahead of the RBNZ rate decision. The RBNZ is likely to push their plans to hike rates and with the data out of Canada improving we expect the CAD strength to come into play. A break of 0.8900 will likely see significant downside, look for 4hr swings for key trading opportunities.
In this video, we look at a trend continuation trade on NZDCAD daily chart. Looking at the daily chart we can see a clear uptrend with price forming higher highs and higher lows. Price has now retraced to the previous structure highs and bullish moving averages. Yesterday's candle printed as a bullish inside candle which typically leads to a breakout.
NZDCAD been moving to the upside in a very strong pace. The pair reached major structure level and giving reversal signals. Watch the recording for all the details needed.
I'm cautious with NZDCAD. I explain in the screencast.
This is a little analysis on NZDCAD, my goal is to show you how I make my decision and how I identify key levels for each trade I take. If you like this analysis, please hit the like button and follow me to get more trading opportunities like this. My trade idea is: Entry: 0.8870 SL: 0.8830 TP: 0.8940
NZD still strong i reckon Correct error isaid 2 to 6 risk reward i meant 2.6 : ) Any thought i'd give the vid a go Cheers My MT4 Chart charts.mql5.com