According to my analysis, the New Zealand dollar against the Canadian dollar (NZDCAD) is expected to experience a bearish trend. This assessment is based on the presence of a Hidden Bearish Divergence on the 1-hour timeframe, which indicates a potential reversal zone. A Hidden Bearish Divergence occurs when the price of an asset forms higher highs, but the...
Hello,Traders! NZD-CAD is going up now And will soon hit a horizontal Resistance level of 0.8291 And after that a bearish Correction is likely to happen Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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.
I see if the movement in this pair today is likely to experience correction conditions first. Although the movement on large TFs still tends to be bullish.
D1 - Price respected a key support zone and is bouncing higher. False break with bullish divergence. Expecting the price to continue higher further in the short term. H4 - Most recent downtrend line breakout. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
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...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
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.
Here is my analysis for NZDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
✅NZD_CAD broke the key Horizontal level of 0.8067 Which is now a resistance So I am expecting Bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Inverse Cup and Handle formed since 15 Nov 2023. The price has broken below the brim level (but barely). We could have a spike up to make a lower high before the big breakdown. Then it'll be all steam ahead downside. 200>21>7 - Bearish RSI<50 Lower highs My first target will be 0.7590
Introduction: NZDCAD has been exhibiting a consistent pattern of lower lows and lower highs within a descending channel. The recent retest of resistance at 0.8275 presents an opportunity for us to capitalize on the potential continuation of the bearish trend. The descending channel on the NZDCAD chart indicates a bearish bias in the market. As the price action...
The NZDCAD pair experienced a notable trend breakout, with a significant upward movement occurring at the highlighted support level. As a result, there is an anticipation of a bullish reversal in the near future. It is likely that the price may retrace back to approximately 50% to 61.8% on the Fibonacci retracement levels before continuing its upward trajectory.
NZDCAD is trading at strong support zone, also break the structure on lower time frame. Is the pair preparing for bullish trajectory?
On NZDCAD, we have a bearish setup during the London session opening. I anticipate a potential retracement to level 0.8114, where we have a value gap and a supply zone with high trading volumes inside. In that zone, I expect a price bounce followed by a descent towards the 0.8075 area. We would appreciate it if you shared your opinion. We would be grateful if...
NZDCAD is giving us yet another opportunity to catch the big swing trade higher, which is likely to be over 1000pips. We have still not yet started the impulse so make sure to keep an eye on this! Trade Idea: - Watch for reversal patterns such as trendline break/BOS etc. - Enter on trendline break with stops below the lows - Targets: 0.855 (500pips), 0.88...
✅NZD_CAD has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support of 0.8066 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NZDCAD - Classic bullish setup - Our team expects rebound SUGGESTED TRADE: Swing Trade Buy NZDCAD Entry - 0.8093 Sl - 0.8062 Tp - 0.8143 Our Risk - 1% Start protection of your profits from lower levels. ❤️Please, support our work with like & comment!❤️