NZDCAD POSSIBLE MOVEI'm expecting price to fill my FVG then from there i will be looking for buying opportunities
NZDCAD Buy opportunity at the bottom of the 1-year Channel Up.The NZDCAD pair hit our 0.85650 Target as discussed on our last idea (August 22, see chart below) and then got immediately rejected:
The rejection initiated the Bearish Leg of the 1-year Channel Up and the price is approaching once more the bottom (Higher Lows trend-line) of the pattern. The pr
Bearish drop?NZD/CAD is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.83288
Why we like it:
There is a pullback resistance level.
Stop loss: 0.83746
Why we like it:
There is a pullback resistance level that aligns with the 138.2%
28-10-2024 _ Short Term Bullish Idea _ NZDCAD H41. Price action approaching strong Support Zone.
2. Potential Bullish Divergence.
3. Enter at the break of the falling trendline coupled
with some candlestick pattern.
4. SL below Support zone and the Targets as shown in the plan.
NZDCAD pattern based analysis
NZDCAD strong structure of FALLING WEDGE pattern. We are have and RBA on 6.11 which is have positive impact on AUD and on NZD.
AUDCAD we can see strong bullish pushing from start of week, here same on NZDCAD expecting higher bullish trend.
SUP zone: 0.82700
RES zone: 0.84750, 0.85200
NZDCAD 4hr ShortNZDCAD
✅ 4hr Short ✅
💰ENTRY: 0.82772
👎STOP LOSS: 0.83037
TP TARGETS
⏰TP1
⏰TP2
⏰TP3
✅1. Weekly Time Frame: Price has been breaking bearish and trending below the 10, 50, 200 EMAs.
✅ 2. Daily Time Frame: Price has been breaking bearish and trending below the 10, 50, 200 EMAs.
✅ 3. 4hr Time Frame:
31-10 ProbelegNZDCAD 4-11: opening of a new month The channel we have been following for a while remains current. The Macd starts from a bottom formed last week. We start with a small buy.
NZD/CAD Long D1Buy Stop Entry @ 0.83947
S/L @ 0.81188
T/P1 @ 0.86695
T/P2 @ --------
R.R.R. @ 1/1
Pure Price Action Trading based on Breakout of Key Levels.
NZD/CAD continue with the UptrendOn NZD/CAD , it's nice to see a strong buying reaction at the price of 0.82780.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong
NZDCAD - NEW BREAKOUTHello Traders !
The NZDCAD price failed to break the support level (0.82878 - 0.82987).
The last lower high is broken (Change of Character).
So, I predict a bullish move 📈
________________
TARGET: 0.83660🎯
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of CADNZD is 1.2036 NZD — it has increased by 0.60% in the past 24 hours. See more of CADNZD rate dynamics on the detailed chart.
The value of the CADNZD pair is quoted as 1 CAD per x NZD. For example, if the pair is trading at 1.50, it means it takes 1.5 NZD to buy 1 CAD.
The term volatility describes the risk related to the changes in an asset's value. CADNZD has the volatility rating of 0.88%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The CADNZD showed a 0.33% rise over the past week, the month change is a 0.13% rise, and over the last year it has decreased by −1.96%. Track live rate changes on the CADNZD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
CADNZD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade CADNZD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with CADNZD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the CADNZD shows the buy signal, and 1 month rating is buy. See more of CADNZD technicals for a more comprehensive analysis.