NZDCADThis pair is clearly bullish but it needs a retracements as soon as possible. I´ll look for only to go long. If price can not reach my interested area before ending of the week I´ll remove the order. thanks and blessings. Longby SGsauragestionUpdated 131311
NZDCADWe can attempt to buy NZDCAD from specified level as it make HL , 0.5 FIB intact , also there is no bearish divergence indicate that it moves upward. SL , TP mention in chart.Longby SignalEdge220
NZDCAD M15 IdeaPotential for a bearish pullback on the NZDCAD M15 which could lead to a price movement towards the support level at 0.84100Shortby GOLDFXCCUpdated 442
NZD CAD - Long Set UpShowing Signs of reversal on 1H TF. I have my buy stop / entry at 0.84470. Good Luck Entry 0.84470 Stoploss 0.84261 TP-1 0.84678 TP-2 0.84894 #Trading #Technical #Crypto #Stocks #commodities Longby BullBearBTC1221
NZDCAD - Long active !!Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action continuation after price rejected from trendline + liquidity zone + institutional big figure 0.84000. Like, comment and subscribe to be in touch with my content!Longby Snick3rSDUpdated 229
NZD/CAD: Capitalizing on RBNZ Stability and BoC DovishnessHello Traders, In the coming week, we are closely monitoring NZD/CAD for a potential buying opportunity around the 0.84090 zone. NZD/CAD is currently trading in an uptrend and is undergoing a correction phase, bringing it closer to the key support and resistance area at 0.84090. This level has historically served as a significant pivot point for price action, making it an attractive entry point for long positions. From a fundamental perspective, the Reserve Bank of New Zealand (RBNZ) is maintaining a steady stance and is not looking to cut rates anytime soon. In contrast, the Bank of Canada (BoC) seems to be on pace to cut rates, given the easing inflationary pressures in Canada. This divergence in monetary policy favors the NZD over the CAD, adding strength to our bullish outlook on NZD/CAD. Additionally, the overall bullish sentiment in the stock market could further benefit NZD/CAD due to the positive correlation between risk-on environments and NZD strength. This confluence of technical and fundamental factors makes the 0.84090 zone a strategic area to look for buying opportunities in NZD/CAD. Trade safely, JoeShortby JoeChampionUpdated 224
NZDCAD LONGPrice created new highs and my previous AOi was not retested, Looking for the next push from this current AOi; Market Structure is Bullish on HTFs 30% Weekly and Daily at the same AOi Weekly rejection from AOi Daily Rejection from AOi Previous Daily Structure point H4 Candlestick rejection Levels 4.03 Entry 90% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#Boost Longby mobbie_zwUpdated 112
Market overview / part9!me Going Over My Full Strategy In Great Detail. And WHat Trades I Will Take Very Soon! Education20:00by Tradelord12110
NZDCADThe 5th wave is being completed. Consider the price Fibo target as a wave 5 target.Longby imankohkan225
NZDCAD: Bullish Trend Continues 🇳🇿🇨🇦 Last week, NZDCAD corrected to a key daily horizontal structure support. This morning, we see clear sign of strength of the buyers - a bullish breakout of a narrow horizontal range on an hourly time frame. It looks like the pair returns to a global bullish trend and a correction is over. Goals: 0.8435 / 0.845 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader115
Bearish Harmonic $NZDCAD dailyThe NZDCAD has reached a supply zone, as the daily chart shows. The pattern is valid until 0.84630, above which is the stop-loss. The target is 0.82428. The weekly range high was reached yesterday and today. Shortby Teuwie15
#NZDCAD: 500+ Pips Buying Chance, Do your own research first! NZDCAD price has sky rocketed due #cad bearish movement, we expect price to make a strong correction as we may see strong bullish price movement taking price to new level at 0.88. Please use your own analysis and knowledge before taking this idea. We wish you good luck trading next week. **If you like our idea then like and comment the idea, also follow us which will encourage us to bring you more** Team Setupsfx_Longby Setupsfx_7
NZDCAD - Bearishness in sightNZDCAD is forming bearish divergence and a rising wedge pattern. No bullish continuation pattern observed. Price may fall after breaking previous HL which could be your entry point.Shortby AnalytixEdgeByQasimUpdated 8
NZDCADNZDCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?by JustTradeSignals3
NZDCAD Will Go Higher From Support! Long! Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.841. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.845 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 113
NZDCAD short term longFundamental : The Bank of Canada recently lowered its interest rates, impacting the value of the Canadian dollar. This dovish stance by the BOC has created a supportive environment for the NZDCAD pair to appreciate. Technical Analysis : The NZDCAD chart showcases a significant bullish potential, highlighted by a successful break above a key resistance level. Key technical observations include: Break of Key Resistance : The pair has convincingly broken above the resistance level, indicating strong bullish momentum. This breakout suggests that the market sentiment has shifted in favor of the New Zealand dollar. Support and Resistance Levels : Following the breakout, the previous resistance level now acts as support. This level should be monitored for potential retests, which could offer buying opportunities. Outlook : Bank of Canada’s Dovish Stance : The recent rate cut by the BOC has weakened the Canadian dollar, contributing to the bullish trend in NZDCAD. Continued dovish signals from the BOC could further support this trend. Market Sentiment : Investors are likely to favor the New Zealand dollar over the Canadian dollar in the short term, given the supportive monetary policy environment in Canada. Conclusion : NZD/CAD is exhibiting strong bullish momentum, driven by a technical breakout above a key resistance level and supported by the Bank of Canada’s recent interest rate cut. Traders should watch for retests of the broken resistance level for potential buying opportunities, while also considering the overall market sentiment and central bank policies. Longby Metow1sw2
NZD_CAD LONG FROM SUPPORT|BUY| ✅NZD_CAD is trading in An uptrend and the pair Made a bearish correction Then retested the horizontal Support of 0.8400 from where We are already seeing a Bullish reaction so we will Be expecting a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx113
NZDCAD LONGPrice Action Trading Daily Bias Bullish H4 Bearish, Price retrace back to fibonacci 61.8% level and rejected from previous resistane level. possible turn support. In H1 TF, Price broke a H1 resistance neckline and close above. A reversal H&S pattern formed. Set a long trade at the broken resistance and target Daily Swing high with R:R 1:4 Fundamental data align with trade set upLongby royschen072
NZDCAD is approaching the trend againHey Traders, in the coming week we are monitoring NZDCAD for a buying opportunity around 0.83600 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.83600 support and resistance area. Trade safe, Joe.Longby JoeChampion5
1:4 RRR with 3 targets NZDCAD Sell 1 day key resistance 4 hour channel breakout and a retest Shortby ManInFx2
NZD/CAD LONGNZD/CAD LONG " break of structure + 72% fib retracement " The Bank of Canada voted to cut interest rates at its June meeting from 5% to 4.75%, relying on its improved confidence that inflation is heading lower "NZD/CAD comes into focus as the Reserve Bank of New Zealand recently stressed that they are not in a position to cut rates any time soon."Longby elyeshantous2
NZDCAD LONGMarket Structure Bullish on HTFs 30% Weekly and Daily at the same AOi Weekly rejection from AOi Daily Rejection from AOi Around Psychological Level 0.84000 H4 Candlestick rejection Rejection from H4 Previous structure Levels 5.42 Entry 95% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#BoostLongby mobbie_zwUpdated 2