CADNZD trade ideas
NZDCAD - Buy Setup at Key Support LevelOANDA:NZDCAD is approaching a key demand zone, which has historically acted as strong support. The recent decline has brought the price back into this area, increasing the likelihood of a potential bullish reaction.
If buyers step in and confirm support within this zone, we could see a rebound toward the 0.8250 level, aligning with a corrective move after the recent drop. However, failure to hold this support could signal further downside continuation.
Traders should watch for bullish confirmation signals, such as rejection wicks, bullish engulfing patterns, or increased buying volume, before considering long positions.
If you agree with this analysis or have additional insights, feel free to share your thoughts!
NZD/CAD "Kiwi vs Loonie" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
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Entry 📈 : "The heist is on! Wait for the MA breakout (0.82800) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level.
📌I strongly advise you to set an alert on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑:
Thief SL placed at the recent/swing low or high level Using the 4H timeframe (0.81800) swing trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 0.83700 (or) Escape Before the Target
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NZD/CAD "Kiwi vs Loonie" Forex Market is currently experiencing a Bullish trend., driven by several key factors. 📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Quantitative Analysis, Intermarket Analysis, Sentimental Outlook, Future Trend Move:
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📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
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idea on a trendWe have a great bearish flag breaking out great trend.USD can return back to the low/mid-1.42s
"BoC Governor Macklem’s remarks on tariffs and monetary policy yesterday underscored the Bank’s sensitivity to the inflationary consequences of trade wars. He noted that the hot February CPI report had got policymakers’ attention but their outlook had not fundamentally changed. Market expectations for policy moves were unchanged around the comments. Swaps reflect around 80% probability of a 25bps cut by June."
"The USD’s failed push higher yesterday should put an effective cap on funds in the short run at least. Price action indicates a clear rejection of yesterday’s test of 1.44 and the USD closed the session back under resistance around 1.4340/50. This may set the market up for another push on trend support at 1.4300/10, with a break below here likely to drive the USD back to the low/mid-1.42s"
NZDCAD at Key Resistance Level: Will it Drop To 0.82350?OANDA:NZDCAD is approaching a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control.
The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 0.82350 level, which represents a logical target within the current market structure. However, a break above this resistance level would invalidate the bearish bias and could lead to further upside.
This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments! 🚀
Bearish drop?NZD/CAD is rising towards the pivot and could drop to the 1st support.
Pivot: 0.82703
1st Support: 0.81897
1st Resistance: 0.83299
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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NZDCAD: Bearish After the News?! 🇳🇿🇨🇦
NZDCAD turned bearish after a release of Canadian Inflation data.
The price retraced from a key daily resistance and broke
a support line of a rising parallel channel on an hourly time frame.
The market may drop at least to 0.8293
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NZD/CAD - Day Trading Analysis With Volume ProfileOn NZD/CAD , it's nice to see a strong buying reaction at the price of 0.81930.
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 buyers will likely push the market up again.
Strong rejection of lower prices + Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
NZDCAD Buy ForecastNZDCAD New Forecast👨💻👨💻
Am expecting a bullish movement to 1.2+RR
This is my personal trade and not in anyway a mandatory setup.
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
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NZD/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
NZD/CAD is making a bullish rebound on the 9H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.820 level.
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NZDCAD: Strong Bullish Signals 🇳🇿🇨🇦
I see 2 strong price action confirmations on NZDCAD:
the price broke a resistance line of a bullish flag
and then formed a confirmed change of character CHoCH on a 4H.
I think that the market will continue a bullish rally.
Next resistance - 0.83
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.