NZDCAD: Massive BreakoutThe probability of a further decline in 📉NZDCAD is elevated.
The breach of a key daily demand cluster provides strong bearish signals.
The subsequent support level is projected at 0.8074.
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NZDCAD Bearish OutlookNZDCAD Bearish Outlook
The pair has tested the resistance zone around 0.8260 multiple times but failed to break higher.
This shows strong selling pressure in that area.
Currently, the price is pulling back from resistance, and the bearish structure suggests a move lower.
If sellers stay in co
NZDCAD: Pullback Trade for TodayThe 📈NZDCAD pair formed an inverted head and shoulders pattern on a significant daily horizontal support level.
The violation of its neckline suggests a local advantage for buyers.
Therefore, it is conceivable that the pair could experience an upward movement, potentially reaching the 0.8115 leve
Strong buy nzdcadBuy possible but wait to sweep low than buy with good confirmation
Daily and weekly oversold pair
NZDCAD POTENTIAL BUY OPPORTUNITY ABOUT TO UNVEIL!From the daily timeframe, we can see how price is pulling back to a broken trend line. Technically, we anticipate more bullish price action to develop once we see price rebound. We’re positioning to go long on this pair
NZDCAD head and shoulders pattern H4NZD/CAD (H4) Technical Analysis
1. Head and Shoulders Pattern
The chart is showing a potential Head and Shoulders (H&S) formation, which is a bearish reversal pattern.
The left shoulder formed earlier in July, the head is the peak in mid-August, and the right shoulder is now developing in Septemb
Strong buy nzdcadDaily strong buy possible
Weekly and daily oversold pair
Strong bullish correction expected
NZDCAD Will the Support level Hold or Break ?- Price was strongly rejected at Key Resistance Level at (0.82600 - 0.82373) and sold off strongly.
- Price is now at (0.80567 - 0.80711) Support Level.
*Will the level Hold or Will price break through it ?
NZDCAD--SHORT--Bearish Bias
--I just published monthly chart seperately also added to this chart as an embedded picture.
--tp and entry levels are as shown on chart
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CADNZD is 1.2322 NZD — it has decreased by −0.08% in the past 24 hours. See more of CADNZD rate dynamics on the detailed chart.
The value of the CADNZD pair is quoted as 1 CAD per x NZD. For example, if the pair is trading at 1.50, it means it takes 1.5 NZD to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADNZD has the volatility rating of 0.56%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADNZD showed a 2.13% rise over the past week, the month change is a 0.19% rise, and over the last year it has increased by 4.33%. Track live rate changes on the CADNZD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADNZD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADNZD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADNZD technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADNZD shows the buy signal, and 1 month rating is buy. See more of CADNZD technicals for a more comprehensive analysis.