NZDCAD: Stuck in a Range And Showing Signs of a DropNZDCAD: Stuck in a Range And Showing Signs of a Drop
NZDCAD has been moving sideways for a while, trading between 0.8060 and 0.8125. This has created a clear range pattern.
Each time price hits the bottom of the range, it bounces up. And each time it reaches the top, it pulls back down.
Right no
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NZDCAD: Short-Term Trading SetupNZDCAD: Short-Term Trading Setup
NZDCAD created a new price high indicating for a growth on the bullish momentum.
We are looking at for a short term bullish movement given that the trend is bullish since Friday.
The previous candles are all green and the breakuot should support further.
Key Targ
NZDCAD: Consolidation ContinuesThe market is currently consolidating within a broad horizontal range on the 4-hour timeframe.
Following a test of the range resistance, a significant bearish engulfing candle emerged, indicating a confirmed change of character (CHOCH).
Based on this analysis, a potential price decline towards th
NZDCAD – Range Resistance in Play!📌 NZDCAD has been moving within a clear range structure between support and resistance zones on the 1H timeframe.
Price is now approaching the upper resistance area, where sellers have consistently stepped in to cap bullish momentum.
If this level holds, we could see a bearish reversal, driving p
Bullish reversal?NZD/CAD has bounced off the pivot, which acts as a pullback support and could rise to the 1st resistance, which aligns with the 61.8% Fibonacci retracement.
Pivot: 0.80532
1st Support: 0.80126
1st Resistance: 0.81648
Disclaimer:
The above opinions given constitute general market commentary, and
NZD-CAD Will Go Down! Sell!
Hello,Traders!
NZD-CAD already made a
Retest of the horizontal
Level of 0.8170 from where
We are already seeing a
Bearish reaction so we
Will be expecting a
Further bearish move down
Sell!
Comment and subscribe to help us grow!
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Disclosure: I am part of
NZD/CAD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
NZD-CAD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.812 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the ov
NZDCAD: Trading Signal From Our Team
NZDCAD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NZDCAD
Entry - 0.8230
Stop - 0.8238
Take - 0.8216
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a
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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 NZDCAD is 0.82304 CAD — it has decreased by −0.02% in the past 24 hours. See more of NZDCAD rate dynamics on the detailed chart.
The value of the NZDCAD pair is quoted as 1 NZD per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 NZD.
The term volatility describes the risk related to the changes in an asset's value. NZDCAD has the volatility rating of 0.26%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NZDCAD showed a 1.60% rise over the past week, the month change is a 0.70% rise, and over the last year it has decreased by −1.68%. Track live rate changes on the NZDCAD 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.
NZDCAD 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 NZDCAD 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 NZDCAD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the NZDCAD shows the buy signal, and 1 month rating is neutral. See more of NZDCAD technicals for a more comprehensive analysis.