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CANADIAN DOLLAR / NEW ZEALAND DOLLAR

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CADNZD trade ideas

NZDCAD: Your Trading Plan For Today 🇳🇿🇨🇦 NZDCAD is currently approaching a peculiar zone based on a key horizontal support and a solid rising trend line on a daily. Your confirmation to buy will on an hourly time frame. 0.8285 is the neckline of a double bottom formation. We will need an hourly candle close above that to confirm the strength of bulls. We can buy the pair then anticipating a bullish movement at least to 0.831 ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
NZD/USD Short, NZD/JPY Short and NZD/CAD ShortNZD/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. NZD/JPY Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. NZD/CAD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
Short
by StewySongs
NZDCAD Long, for Short term This to me, could have some potential short term buy, but I am still keeping a close look on it. USD seem bullish but, my own trading plan is based on whatever I see. ⚠️Word of Caution⚠️ setting the buy and sell position tools or drawing of direction lines on my chart doesn't mean I opened a position already or fixated on that certain bias, flexibility is also important, it just a forecast,i don't just trade when price hits my levels, I've got rules of engagement. The most important thing of all is 🆘RISK MANAGEMENT🆘.
Long
by Pleazant-fx
NZDCAD I Potential long opportunity from supportWelcome back! Let me know your thoughts in the comments! ** NZDCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
1
NZDCAD:Bearish Stocks and Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83350 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83350 support and resistance area. the New Zealand economy is heavily reliant on its agricultural exports, particularly dairy products, which can also experience reduced demand during periods of economic downturn. Consequently, when stock markets falter, investors tend to favor safer assets, leading to a decrease in demand for riskier currencies like the NZD compared to safe-haven currencies or those perceived as less volatile, such as the US dollar (USD) or Japanese yen (JPY). This combination of factors contributes to the bearish outlook for NZDCAD when stocks are declining. Trade safe, Joe.
Short
by JoeChampion
2