NZDCAD FORECASTTraders! We have started this week with a lot of energy guys, the market itself is looking good. In this pair everything is looking good however we are waiting for the price to complete structure. This will be right time for us to position in the market. Have a good start of the week.
CADNZD trade ideas
NZDCAD: Bullish Continuation & Long Signal
NZDCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long NZDCAD
Entry - 0.8192
Sl - 0.8169
Tp - 0.8232
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCAD - LONGWEEKLY
- 4/4
+ Big trend line.
+ Closed above buy zone.
+ Impuls - corretion now possible impulse
- IC could hold the price down.
DAILY
- Pat in pat
+ Market open was very impulsive to the downside, possible impulse back to the upside.
- Buy zone is just underneath my SL
4H
- Limit placed
NZD/CAD: Near Completion of Bullish Harmonic PatternNZD/CAD: Near Completion of Bullish Harmonic Pattern
NZD/CAD is nearly completing a bullish harmonic pattern.
The price is expected to spend some time in the current zone due to generally low market volume, but a rise is anticipated.
I'm expecting a normal price recovery for short-term trading, with the first target near 0.8250 and the second target at 0.8290.
You may find more details in the chart!
Thank you and Good Luck!
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TradeCityPro | NZDCAD : Approaching Key Support Levels👋 Welcome to TradeCityPro!
In this analysis, I will review the NZDCAD forex pair for you. The analysis will be conducted on the daily timeframe.
📅 In this timeframe, a gradually sloping upward channel can be observed, with the price currently positioned near the bottom of the channel. The nearest support level to the current price is at 0.81376.
🧩 If the RSI manages to stabilize above 56.22, upward momentum could enter the market, allowing the price to potentially move towards the 0.83869 level.
📈 If 0.83869 is broken, the next resistance level will be at 0.86836, which approximately overlaps with the upper boundary of the ascending channel.
🔽 In the bearish scenario, as mentioned earlier, the first support level is 0.81376, and if this area is broken, the next support level will be 0.79789, which is one of the strongest support zones on the chart.
🔑 Overall, considering the more bearish momentum and the gentle slope of the ascending channel, I believe the likelihood of the channel breaking downward is quite high.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
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Wed 11th Dec 2024 NZD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/CAD Sell. Enjoy the day all. Cheers. Jim
BUY NZDCAD - Price Action Strategy explained Trader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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NZDCAD Breaks Through Descending Broadening Wedge PatternNZDCAD Breaks Through Descending Broadening Wedge Pattern
NZDCAD is breaking through a descending broadening wedge pattern, indicating bullish momentum and potential further growth. The price may linger in the current zone, given the empty economic calendar. However, movement is expected to begin soon.
Let's see how the NFP data tomorrow will impact the market.
The first resistance zones will be found near 0.82900 and 0.8350
You may find more details in the chart!
Thank you and Good Luck!
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NZDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD fora selling opportunity around 0.83200 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in a correction phase in which it is approaching the trend at 0.83200 support and resistance area.
Trade safe, Joe.
Monthly CLS, Model 1 is forming. Target 50% of rangeMonthly CLS, Model 1 is forming. Target 50% of range.
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
Monthly view
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Good luck and I hope this educational post helps to become better trader
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