CADNZD trade ideas
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 level.
NZDCAD – Wave Analysis OutlookNZDCAD has recently completed a complex corrective structure and rebounded strongly from the 0.8070 region, signaling the possibility of a developing base.
According to wave analysis, the pair may continue unfolding higher, with projections toward the 0.83 – 0.84 zone, and potentially extending into the 0.85 – 0.86 handle in the coming phases.
At this stage, the key focus is on whether price consolidates around the current level. Such a pause would provide a potential platform for the next upward leg within the broader corrective sequence.
👉 I’ll be watching for buy setups if price consolidates at the current level.
⚠️ Disclaimer: This outlook is based on my personal wave analysis and shared for educational purposes only. It is not financial advice.
NZD-CAD Free Signal! Buy!
Hello,Traders!
NZDCAD taps into demand and holds structure, with Smart Money accumulation pointing to higher pricing. Imbalance fills hint at continuation toward premium levels.
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Stop Loss: 0.8105
Take Profit: 0.8158
Entry: 0.8136
Time Frame: 3H
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Buy!
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NZDCAD: Bearish Forecast & Outlook
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDCAD pair price action which suggests a high likelihood of a coming move down.
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NZDCAD 4H Timeframe – Technical & Fundamental AnalysisNZDCAD 4H Timeframe – Technical & Fundamental Analysis
Fundamentals:
The New Zealand economy is showing signs of broadening slowdown, according to BNZ high-frequency data. Trade performance is expected to weigh on growth in coming quarters, and the HYEFU (Half-Year Economic and Fiscal Update) points toward weaker outlook ahead. With inflation trending down, the RBNZ may shift toward a more dovish stance, reducing NZD’s attractiveness.
Meanwhile, Canada’s July GDP posted a +0.2% rebound after months of contraction, signaling underlying strength in the Canadian economy. This resilience could provide support for CAD relative to NZD.
Technicals:
Price broke below the major key support at 0.80600, signaling weakness.
Following the breakout, price consolidated and accumulated sell positions under this level.
A possible liquidity grab above 0.80600 may occur before resuming the bearish move.
Our point of interest lies below 0.80560, aligning with the bearish structure and fundamentals.
📌 Trading Plan (4H Bias – Bearish):
Point of Interest (POI): 0.80560 (Sell Stop)
Stop Loss (SL): 0.81100 (above liquidity zone)
Take Profit 1 (TP1): 0.79410
Take Profit 2 (TP2): 0.78800
📌 Disclaimer: This is not financial advice. Always wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see—not what you feel.
NZDCAD FREE SIGNAL|SHORT|
✅NZDCAD after retesting the supply level, price shows signs of redistribution. ICT perspective suggests a continuation lower as liquidity below recent lows becomes the draw.
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Entry: 0.8050
Stop Loss: 0.8086
Take Profit: 0.8020
Time Frame: 4H
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SHORT🔥
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NZDCAD: HTL HoldDaily Timeframe
Price holds below HTL as it fails despite opening higher after last week's closing bar
H1 Timeframe
Price crosses below ATL to signal possible downside momentum
Price crosses below EMA20 and is moving away from the band
EMA20 hovers below EMA60 to indicate bearish sentiment
NZDCAD SHORTMarket structure bearish on HTFs 3
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection At AOi
Previous Structure point Daily
Around Psychological Level 0.81000
Touching EMA H4
H4 Candlestick rejection
Rejection from Previous structure
Levels
Entry 120%
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NZDCAD: Weak Bearish SignalThis pair is interesting, but must be approached with caution.
Daily Timeframe:
Price crosses below HTL, but the overall daily price action is quite chaotic so should proceed with caution
H1 Timeframe:
Price fails to make a new higher high on the intraday timeframe, which is a good sign that this uptrend is weakening
There's also greater confluence with the overall downtrend as price crosses below ATL
Another indication of downtrend is price below EMA20 and EMA20 is pushing below EMA60