Take a look at our analysis for NZDCAD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.827. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Hello Traders, Hope you all are doing good!! I expect NZDCAD to go Down from these levels. Potential correction is almost completed. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL &...
Waiting for a break of the level to buy or sell Wait for now!
Price is rising towards a very strong resistance zone which also aligns with the 61.8% Fibonacci retracement. Since we're currently in a downtrend, I believe a rejection from this level could lead the price to fall towards the support level which is also an overlap support.
NZDCAD is a pair that I have on my watchlist for next week. It is at a critical area of value (resistance) and I'm excited for the coming week to get involved in the sells.
✅NZD_CAD grew again to retest the resistance of 0.8286 But it is a strong key level So I think that there is a high chance We will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZDCAD moved out of the descending channel, and it's basically consolidating. The market broke and closed above the structure shelf at 0.8237 level. Price is overextended, creating the AB=CD pattern or equal measured move. We anticipate a bearish move from resistance and the fibo level. ------------------- Share your opinion in the comments and support the...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83050 zone. NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83050 support and resistance area. Adding a fundamental layer to our analysis, it's crucial to consider the impact of USD strength on...
FX:NZDCAD Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
Despite the impact of news this morning, longing this one. Target is .83794.
Hello,Traders! NZD-CAD will soon hit A horizontal resistance Of 0.8284 from where I will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZDCAD Short at LH (also 0.786 FIB , trendline resistance intact) SL , TP mention in chart
NZD/CAD is rising towards a potential breakout level and could potentially break through this level to climb higher. Buy entry is at 0.82394 which is a potential breakout level. Stop loss is at 0.82080 which is a level that sits under a pullback support. Take profit is at 0.82721 which is a pullback resistance that aligns close to the 50.0% Fibonacci...
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from resistance zone for a potential short. Fundamental news: Tomorrow we will see results of...
30min outlook: on the 30min time frame, price decline below the support level, which indicates bearishness in price. In other to strengthen our belief that the price is on a bearish market, i will like to see price continue to decline to 0.81734 level, which will also signal that the market is bearish.