Get started

CANADIAN DOLLAR / NEW ZEALAND DOLLAR

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

CADNZD trade ideas

More Momentum Ahead in NZD Forex Pairs?After scanning the FX crosses, I'm interested in pursuing trade setups on a few NZD crosses. The NZD crosses have had strong momentum. Until the weekly charts tell me this momentum is fading, I'm going to look to trade this strength. Essentially I'm looking for trade setups to trade into the PWL/PWH (depending on the cross). I need to see H4 levels respected to then confirm looking for a strong M15 displacement shift to base an entry from.
by Tradius_Trades
NZDCAD Buy Trade Setup A #long trade opportunity recently presented itself on the #kiwiloonie (#NZDCAD) #trading chart 📈. This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 0.81449 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy). Sufficient upward momentum should see price rallying towards the 0.84000 psychological level and possibly testing the strength of the 0.83512 horizontal resistance level. As always, please apply appropriate risk management. Happy trading! #crosspair
Long
by charles-okoukoni
2
NZDCAD Will Move Higher! Buy! Here is our detailed technical review for NZDCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.818. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.823 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
NZD/CAD Trend Reversal A "higher low, lower low" pattern typically indicates a potential trend reversal from an uptrend to a downtrend. However, if we're considering converting it into a "higher high" pattern, it would involve looking for signs of a potential continuation of the uptrend. In such a scenario, after observing the "higher low, lower low" pattern, traders would watch for the formation of a new high that surpasses the previous high. This would suggest a return of bullish momentum and a potential continuation of the uptrend. So, in summary, converting the "higher low, lower low" pattern to a "higher high" pattern involves waiting for the market to form a new high that exceeds the previous high, signaling a potential continuation of the uptrend.
Long
by B9A-88652-NisarAhmad