New Zealand Dollar/Canadian Dollar

NZDCAD

N/C

Let's see how it goes !

A deeper correction on a daily uptrend, formed a pin bar exactly on the weekly level. In confluence with moving average. I have no reason not to go long on this.

A possible bearish bat pattern formation could be completed with a sign of reversal on the B point, if this trend continues I am expecting a reversal on the C point upon touching the channel lower line and completion of the pattern at the upper part of the channel line. After pattern completion TP1 will be at 38.6 of AD leg and TP 2 will be at 62.8 of the AD leg. ...

Thanks for viewing my chart. Feel free to ask questions? Plus, always practice money management!

NZDCAD / H1 / Resistance Line Wait for close above the resistance line

Perfect pop up 70 pips from Friday's low and also rejection of support level. Other NZD crosses appear to be bullish this week too, will we see Kiwi gain in strength?

Great long term setup :) Best of luck

Pin-bar at a major daily level.

NZDCAD carefull with that support level, may fake break it

Looking for upside. So long as 0.925 holds. It should go up fairly in a smooth manner. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if ...

A potential bullish Bat pattern for an intraday long/buy trade opportunity. Stops just below pattern's X point. Trade with care.

Following a test of the 0.95 mark mid-March, the Kiwi reversed its sentiment against the Canadian Dollar and formed a new wave down. As a result, the pair formed an descending wedge. The characteristics of this pattern suggest that a breakout should occur to the upside, thus pushing the rate back to the senior channel. Technical indicators are likewise bullish ...

I think trend changed .. going more down . wait for break out and retrace. keep on eyes .

Weekly Chart: A bearish pin bar with rejection of high price. Daily Chart: Price closed below the closed price of last week. Watch out: 1. Short term uptrend still intact. 2. First support could happen @ weekly demand zone around 0.92-0.92688

trade with care

As we see we have broken the Higher Highs to the downside with a SHS formation at the top and we have a break + follow through through the trendline . Now we have a big pinbar right on the well respected s/r level which could lead to a nice pullback in direction of last lower high (right shoulder) But as we have also break the upward trend from technical view ...

EURNZ Buy SL: 0.9127 TP: 0.9540