Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.85300 zone, NZDCAD is trading in a downtrend and currently in a correction phase in which it is approaching the major trend at 0.85300 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.842 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction to see a potential retrace from 0.842 support and resistance zone. i would also keep an eye on the indices to confirm the bias as NZDCAD...
Hello guys. I anticipate that this pair is building a bullish momentum. The price touched a major resistance zone, then bounced. It seems that this zone is weakened and the price will break out of this zone. My entry point is at 0.852, at the zone, after a breakout and retesting the zone. My stop loss is at 0.844, which is way below the current support zone. I...
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.85014 Take Profit Level: 0.8420 Stop Loss: 0.8542 Risk/Reward: 2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.84659 Take Profit Level: 0.8406 Stop Loss: 0.8496 Risk/Reward: 2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
In my trading strategy, I analyze eight custom currency indexes on the 30-minute time frame to capture short-term market movements. I utilize pivot points, Exponential Moving Averages (EMAs), and various technical analysis techniques to develop a bullish or bearish bias for each currency. By examining the interactions between these indicators and price action, I...
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.8500 Take Profit Level: 0.8405 Stop Loss: 0.8541 Risk/Reward: 2.3/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
NZDCAD is currently In wave B correction and approaching the 50 fibonacci alongside the channel support. We are expecting a bounce off the channel and then break of the red trendline for confirmation. Trade Idea: - Watch for bounce off fibonacci/channel - Confirmation on break of red trendline - Stops go below the lows after the breakout occurs - Targets: 0.86...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDCAD has been overall bearish trading inside the falling channel in orange, and as per my last analysis (attached on the chart) we have been trading the channel. Now NZDCAD is approaching the upper trendline again. As per my trading style: As NZDCAD is sitting around...
Hey Traders, in the coming week we are monitoring NZDCAD for a selling opportunity around 0.85200 zone, NZDCAD is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend at 0.85200 support and resistance zone. i would also keep an eye on the stock market as NZDCAD does correlate positively with the American...
Hey Traders, in tomorrow's trading session we are monitoring NZDCAD for a buying opportunity around 0.825 zone, NZDCAD was trading in a downtrend and then successfully managed to break it out and seems to be now in a correction phase in which it is approaching the retrace area. Once bulls are confirmed i would consider 0.85 as a target as it's considered the next...
✨ LONG-TERM SWING ✨ SLO @ 0.9733 SSO @ 0.9360 TP1 @ 0.8650 (shave 25%) TP2 @ 0.8050 (shave 25%) TP3 @ 0.7600 (shave 25%) TP4 @ 0.6915 (close trade) BSO @ 0.6740 BLO @ 0.6340
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. NZDCAD is overall bearish trading inside the falling channel in orange and previously we have been trading it by looking for sell setups around the upper trendline and buy setups around the lower trendline. Now NZDCAD is approaching the lower orange trendline...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for NZDCAD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hey Traders, NZDCAD is trading in an ascending channel and extending pullback seems to be approaching the ascending channel around 0.846 Supply and demand zone. i would also be watching the stock market to confirm my bias as american indices and NZDCAD are positively correlated. Trade safe, Joe.
Looking at the 4-hour chart of NZDCAD, we can see that the price has been forming a series of lower lows and lower highs, indicating a downtrend. However, this trend has been interrupted by a bounce off a monthly support level, suggesting a potential trend reversal. After this bounce, the price formed an impulse that took it to a daily resistance level, where it...
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.857 zone. NZDCAD seems to form a bull flag so i would consider a long opportunity of the retrace in case of a breakout. i would also recommend to keep an eye on the stock market if it goes bullish to confirm the trade as stocks and NZDCAD are positively...
Hey Traders, as the stock market shows some downsides NZDCAD shorts is one of the pairs i would consider shorting due to the positive correlation between the two. Technically we have noticed that NZDCAD is trading in a down trend, and extending pullbacks are approaching the major one so i will be watching a potential selling opportunity around 0.859 supply and...