NZDCAD Long Term SELLING Trading IdeaHello Traders
In This Chart NZDCAD DAILY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDCAD
NZDCAD - Continuation Or Breakout?Analysis:
Bearish Confluences
Longer term downwards trend
Retesting an area of significance
The NZD is the weakest major currency whereas the CAD is the 3rd weakest major currency
7K long position decrease for the NZD
15K short position decrease for the CAD
Recent CAD news has been bullish
Bullish Confluences
1K short position decrease for the NZD
21K long position decrease for the CAD
Recent NZD new has been bullish
Stay Safe - The JPI Team
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Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
NZDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.80800 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.80800 support and resistance area.
Trade safe, Joe.
NZDCADNZDCAD was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 0.8020 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
NZDCAD Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.80700 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.80700 support and resistance area.
Trade safe, Joe.
Daily Wave Rider - NZDCAD - SELLNZDCAD
Channel: RED
WK Pivot: RED
AOB: WP
CON: SBB
SELL Stop: 0.79539
Stop Loss: 0.80158
TP01: 0.78920
TP02: 0.77682
DWR present as a sell setup on 22SEP, with Channel and Pivot are red bouncing of weekly pivot
However, trade is not taken/considered as it differs from our Market Analysis Bias.
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY
Reference to our WK38 analysis, we are anticipating a "Risk-On" sentiments thus will BUY AUD/NZD.
Daily Wave Rider - NZDCAD - SELLNZDCAD
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 0.79628
Stop Loss: 0.80268
TP01: 0.78988
DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of weekly pivot
However, trade is not taken/considered as it is not within our trading rules.
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY
Reference to our WK38 analysis, we are anticipating a "Risk-On" sentiments thus will BUY AUD/NZD.
NZDCAD HOURLY SUPPORT AND TREND BREAKOUTNZDCAD confirms a breakout on the bearish trend formed under hourly timeframe. Here we see a strong support created on the bottom which is also being supported back to the upside momentum. Expecting a decent bullish rally ahead which may retest the previous swing high formed.
BluetonaFX - NZDCAD Trendline Break SHORT IdeaHi Traders!
NZDCAD is on the trendline support, and there is an opportunity for short entries leading to a possible support break.
Price Action 📊
Market swings filled with lower highs and lower lows consistently for the past eight weeks. The market has also failed to close above the 20 EMA for the past three weeks, showing a current lack of bulls in the market.
We are looking for a momentum break and a close below the support trendline.
Fundamental Analysis 📰
New Zealand recently announced worse PMI figures, leading to fears of a worse-than-expected GDP figure tomorrow.
Support 📉
0.79725: SUPPORT TRENDLINE
Resistance 📈
0.80261: 20 EMA
0.80851: RESISTANCE TRENDLINE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
NZD/CAD Gave Yesterday +60 Pips 0 Drawdown , New Entry Valid !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: Bearish Trend Will Continue 🇳🇿🇨🇦
NZDCAD is trading in a long-term bearish trend.
However, the market was consolidating the entire August within a horizontal range on a daily.
The support of the range was finally broken last week.
It is an important sign of strength of the sellers, and it indicates a highly probable bearish continuation.
The prices may go lower at least to 0.7936 support
❤️Please, support my work with like, thank you!❤️
Daily Wave Rider - NZDCAD -SELLNZDCAD
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 0.79689
Stop Loss: 0.80195
TP01: 0.79183
TP02: 0.78171
DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of EMA10
However, trade is not taken/considered as it differs from our Market Analysis Bias.
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY
Reference to our WK38 analysis, we are anticipating a "Risk-On" sentiments thus will BUY AUD/NZD
NZD/CAD Weekly Closure Perfect,Short Setup Valid To Get 200 PipsThis 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 Potential DownsidesHey Traders, in today’s trading session we are monitoring NZDCAD for a selling opportunity around 0.80200 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.80200 support and resistance area.
Trade safe, Joe.
NZD-CAD Will Keep Falling! Sell!
Hello,Traders!
NZD-CAD is trading in a downtrend
And the pair broke the key
Horizontal rebound level of 0.8
Made a pullback and retest
And is now going down again
So we are bearish biased
And we will be expecting
The pair to keep falling down
Sell!
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NZDCAD H4 | Rising to 1st resistance?Based on the H4 chart analysis, we can see that the price is currently at our buy entry at 0.8024, which is an overlap support level.
Our take profit will be at 0.8069, a multi-swing high resistance level. The stop loss will be placed at 0.7996, a multi-swing low level.
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NZDCAD ____ INCOMING BEARISH MOVEHello Traders,
NZDCAD has been in a long-term decline i.e., the price has been bearish for months and is likely to continue. The weekly and the daily charts have printed bearish structures.
Price just traded into the daily order block and is poised to continue the bearish move.
Looking at the chart, you would notice the relatively equal lows (sell-side liquidity) that price should hunt.
Follow for more updates like this.
Cheers,
Jabari
NZDCAD Potential DownsidesHey Traders, in today’s trading session we are monitoring NZDCAD for a selling opportunity around 0.80600 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.80600 support and resistance zone.
Trade safe, Joe.