Don't miss the great buy opportunity in NZDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8443). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 58.
Take Profits:
TP1= @ 0.8555
TP2= @ 0.8684
TP3= @ 0.8798
SL= Break below S2
Nzd-cad
Don't miss the great buy opportunity in NZDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8443). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCAD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 58.
Take Profits:
TP1= @ 0.8555
TP2= @ 0.8684
TP3= @ 0.8798
SL= Break below S2
SYMMETRICAL TRIANGLE BREAKOUT IN NZDCADHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see Symmetrical triangle breakout one can short the pair till its support.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
NZDCAD 4Hour Analysis 4/12/20NZDCAD Long Idea
This pair is still looking bullish on the 4hr and is making a retrace to the 38.2%
If we see a strong rejection from the 0.84500 level we want to target higher toward 0.85600
If 0.84500 breaks it’s likely that our weekly support will be tested around 0.83750
NZDCAD Long PositionAn ascending triangle pattern is developing as the diagonal support is repeatedly tested.
I would expect the uptrend to continue until the horizontal resistance at the 0.854 level is tested (and possibly broken).
Should the resistance be broken, we can expect the uptrend to continue towards the resistance at the previous double-top price level.
Let me know what you think!
NZDCAD 4hour Analysis 4/5/20NZDCAD Short Idea
All major timeframes are significantly bearish and we are looking to continue with this trend.
At the current level we would like to see a retest of our weekly resistance followed by strong bearish setups. This would present a high probability trade and one that would be of good risk to reward.
Look to target lower toward major support levels and potentially all the way down toward our monthly support around 0.80500
NZDCAD 4hour Analysis 3/22/20NZDCAD Short Idea
This pair is looking very bearish on the weekly, daily and 4 hour timeframes
Currently we are in what seems like the next bearish leg of this trend. We are looking to target toward the -27% fib level around 0.78500
Potential to enter on a retest of 0.82550 followed by strong bearish setups
NZD/CAD Bullish Scenario by ThinkingAntsOk4H CHART EXPLANATION:
- After the volatility at the opening last night, which made price to drop to the Support Zone and then it was strongly rejected, it has broken the Resistance Zone and the Descending Trendline.
- We consider that it has potential to reach the Resistance Zone at 0.8800.
- Will look for a lower timeframe setup to get involved on this pair.
DAILY CHART ANALYSIS:
NZD/CAD Strong Bullish Momentum (Elite Trading System)We are looking for long entry above the sellers territory, every retracement would be a great opportunity for long entry.
You have more chances to succeed if you go with a trend and support from impulsive moves.
Keep it simple and use risk management!
NZDCAD Daily Analysis 3/8/20NZDCAD Long Idea
We saw a major bounce from support around 0.83750 and a lower timeframe lower high was broken at 0.84500
We have seen some strong bullish volume which could be the start of this daily transition. Looking to enter on a retest and confirmed rejection of 0.84500
Look to target higher to fill this daily range at 0.87000 which is also monthly resistance
NZDCAD Break&RetestI'm looking into a break and retest for the NZDCAD
Depending on how the market will open we can see a good bullish move until arroun 0.86112, that match with 0.618 FIB, then a bearish until the trendline so we can get a GOOD bullish move.
*Eyes on the graphic*
Best Regard
José Pêssego