NZDCAD
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 from here after price filled the imbalance and rejected from bullish order block + trendline.
Fundamental news: Tomorrow we will see result of Unemployment Rate on NZD, news with high impact on currency.
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NZDCAD Will Collapse! SELL!
My dear followers,
This is my opinion on the NZDCAD next move:
The asset is approaching an important pivot point 0.8150
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8126
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
NZDCAD: Scalping Setup?! 🇳🇿🇨🇦
There is a nice scalping buying opportunity on NZDCAD.
The price test a solid rising trend line on a 4H time frame.
As a bullish confirmation, the price formed a double bottom
pattern on 30 minutes time frame and broke its neckline.
We can expect a bullish movement to 0.8147 / 0.8158 levels.
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NZD/CAD Creating Inverted H&S Pattern ,Need Confirmation To Buy Our Pair creating inverted head and shoulders pattern but we still need a 4h closure above neckline to confirm the pattern and give us a confirmations to can buy it , and we can measure our target by putting a measure tool between neckline and head , if we have not a 4h closure above our neckline so this idea will be canceled .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCAD in the first half of 2024A glimpse of the NZDCAD in the first half of 2024
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NZDCAD Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for NZDCAD is below:
The price is coiling around a solid key level - 0.8131
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8117
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
Potential bullish riseNZD/CAD has just bounced off the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could potentially rise to our take profit.
Entry: 0.81199
Why we like it:
There is an overlap support level which aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.80930
Why we like it:
There is a pullback support level which aligns with the 78.6% Fibonacci retracement
Take profit: 0.81706
Why we like it:
There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZDCAD BUY SCENARIOAs you can see, everything is highlighted, price is bullish in both weekly and daily time frame,
in 1 hour time frame price has raided the previous day high hence we expect to see retracement, and not just retracement but a price has to go to a deep discount in order to be bought.
NZDCAD: Price Action Bearish Signal 🇳🇿🇨🇦
NZDCAD formed a head & shoulders pattern after a test
of a recently broken horizontal structure support.
I think that the pair may continue falling, after
the release of Crude Oil Inventories data today.
Initial target - 0.8115
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NZD/CAD has a strong bearish momentum, could it fall further?Price is rising towards a resistance level which is a pullback resistance which aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.81639
Why we like it:
There is a pullback resistance level which aligns with the 50% Fibonacci retracement
Stop loss: 0.81898
Why we like it:
There is a pullback resistance level
Take profit: 0.81091
Why we like it:
There is an overlap support level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZDCAD Will Go Down! Short!
Here is our detailed technical review for NZDCAD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.818.
Considering the today's price action, probabilities will be high to see a movement to 0.814.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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NZDCAD → Trade Analysis | BUY SetupHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity NZDCAD
I still did my best and this is the most likely count for me at the moment.
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NZDCAD: 05/04/2024 Swing Selling Idea! NZDCAD
looking at 2-DAY timeframe, we have successfully identified, about future move of the pair, price have dropped significantly and currently doing some major correction, in our view price previously have done the similar movement. Although, the price is bit far away from our selling zone, still it is very likely that it will take sometime to reach our premium selling zone. We strongly recommend to have some patience and let the price come to the zone before buying or selling as we eying on the big move and it take times.
Have a great weekend, we will meet you next week with updates and new ideas.