Greetings Traders, In today's trading session, our focus is on NZDCAD, where we see a promising buying opportunity emerging around the 0.83500 zone. NZDCAD has been traversing a downtrend but is currently undergoing a correction phase, drawing nearer to the retrace area near the 0.83500 support and resistance zone. Adding depth to our analysis, recent...
NZDCAD is showing promising bullish potential, driven primarily by the dovish stance of the Bank of Canada (BOC) on interest rates. Fundamental Analysis : Bank of Canada's Monetary Policy : The BOC's dovish position on interest rates is a key driver for the NZD/CAD pair. A dovish stance implies that the BOC is likely to keep interest rates low or consider...
nzdcad is about to sell that pattern has broken to the down side and it is forming a resistance below
H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the strong support zone holds my short term view remains bullish here.
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I expect price to make a retracement to fill that huge imbalance and then to reject from bullish order block. Fundamental analysis: This week on Wednesday (GMT+3) we will see results...
My Dear Robbers / Traders, This is our master plan to Heist NZD/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and...
Hey Traders, in the coming week we are monitoring NZDCAD for a buying opportunity around 0.82600 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.82600 support and resistance area. We would also like to consider the current bullish bias on indices and the bearish USD, these factors are positive...
A #short trade opportunity recently presented itself on the #kiwiloonie (#NZDCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 0.82514 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward...
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I wait price to continue the retracement to fill that huge imbalance lower and then to reject from trendline + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 0.8210 - 0.8230 SL @ 0.8244 TP 1...
Hello,Traders! NZD-CAD hit a horizontal Resistance of 0.826 and Made a nice pullback so We are locally bearish biased And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅NZD_CAD is going up to retest a horizontal resistance around 0.8257 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 0.8225 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83000 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.83000 support and resistance area.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), NZDCAD rejected the lower bound of the red channel and traded higher. What's next? 📈 NZDCAD has been overall bearish, trading within the falling channel in red. At present, NZDCAD is undergoing a correction phase, trading...
NZD-CAD has reached a Horizontal resistance level Of 0.8247 and the pair is Locally overbought so I will be expecting a Local bearish correction !
The NZDCAD pair just completed a Death Cross on the 1D time-frame, the first since June 20 2023. Even though the price rebounded inside the 1.5 years Higher Lows Zone, the prevailing pattern since December 2023 is a Channel Down. With the July 14 2023 High formed (and rejected) on the 0.786 Fibonacci retracement level, it is possible to see a rejection on the new...
NZD/CAD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.81706 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.81212 Why we like it: There is a pullback support level which...
Based on EMAs I think we still have a bullish trend