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CANADIAN DOLLAR / NEW ZEALAND DOLLAR

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CADNZD trade ideas

NZDCAD On The Rise! BUY! My dear friends, Please, find my technical outlook for NZDCAD below: The price is coiling around a solid key level - 0.8192 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.8231 Safe Stop Loss - 0.8171 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
Potential bullish rise?NZD/CAD has reacted off the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could rise from this level to our take profit. Entry: 0.82069 Why we like it: There is an overlap support level that lines up with the 50% Fibonacci retracement. Stop loss: 0.81698 Why we like it: There is a pullback support level. Take profit: 0.82727 Why we like it: There is a pullback resistance level that is slightly below the 78.6% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
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! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long
by KlejdiCuni
1
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. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Short
by tradecitypro
8