Midterm forecast: While the price is below the resistance 0.9330, beginning of downtrend is expected. We make sure when the support at 0.8985 breaks. If the resistance at 0.9330 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the peak at 0.91615 on 2020-12-03 and...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9225). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9165). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.9162). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCAD is in a downtrend and the continuation of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.91). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
It is the analysis of nzdcad on 30 minute time frame. You can see it's a beautiful trendline break, now price needs to retest the resistance zone after that we will short on NZDCAD.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.875). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
going long after market breaks and retests our level !!!!!!! lets be on alert when the market opens remember good money management,
it made a head and shoulders pattern on the weekly it's finishing the right shoulder with a symmetrical triangle pattern.
Okay, so nzdcad has been on a bearish run in the past week. Now, we want to see a retracement to at least 38.2% level as consolidation before the downside continuation which may be followed by the head and shoulders pattern on daily chart followed by an impulse correction and impulse and we can look for this great opportunity in shorting this pair if it satisfies...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.895). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . NZDCAD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
OANDA:NZDCAD This chart has a beautiful confluence across the Weekly, Daily & 4-Hour time frames. The price has respected the trend line on the weekly chart since 2016! With less than 4 hours to close the week, it's rejecting the 200 EMA and is likely to close below the trend line with a Doji . On the daily chart , we see that the price has not been able to...
NZDCAD is in the side ways movement , this is perfect way to trade positionally , and earn the points in this segment. many days this is going in sideways , with full support and resistance. trade hopefully. thanks.