CADNZD trade ideas
Don't miss the great buy opportunity in NZDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.8360). 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.
. The RSI is at 61.
Take Profits:
TP1= @ 0.8437
TP2= @ 0.8497
TP3= @ 0.8645
SL= Break below S2
NZD/CAD Technical analysisThe pair plunged from the top with a great momentum.
Now, it has hit the brick wall which has been its long-term support zone.
And as expected, it has bounced back sharply too and in the due process it has broken the bearish trendline.
Hence, a profit booking rally seems imminent. So, traders can buy on the short-term pullback (dips) and expect a rally to the resistances at 0.89882 and 0.90297.
NZD/CAD SHORT OPPORTUNIY!!!On 24-25th March, the price crossed above Downtrend and came back, showing that BEARS are taking control for the time being. Plus there's support @price 0.89200 and it may retrace 38% / 50% and fall back again.
Target 1: 0.89200
Target 2: 0.8600
NZD/CAD SHORT OPPORTUNITY!!!!On 24-25th March, the price crossed above Downtrend and came back, showing that BEARS are taking control for the time being. Plus there's support @price 0.89200 and it may retrace 38% / 50% and fall back again.
Target 1: 0.89200
Target 2: 0.8600
NZD CAD long back to 92 zone WE HAVE TAKEN A LONG NZD CAD
nice dodgi bounce in an area of interest
looking for target of 92
NZDCAD Just got pushed from Resistance.SL can be maintained at 2ATR
3/2 Risk Reward can be used while booking profit
NZD/CAD Technical analysisNZD/CAD has formed a head and shoulder pattern in the 15-min chart.
Also, it broke its neckline with a strong bearish candle.
Hence we expect the pair to head south from here.
My first for Forex, NZDCADWelcome to my first analysis, !NZDCAD is a pretty simple setup
---> RSI making lower low
----> price making lower high.
im expecting a retrace to about 0.901xx for initial target and 0.899x for the next. if it achieves that we shall take it from there.
(( seems to be making some sort of a diagonal ))
NZDCAD BEARISH VIEWNZDCAD: - PAIR RESPECTING THE FALLING RESISTANCE LINE NICELY FROM PAST ONE YEAR.
SELL LIMIT@.917 SL@.935 TP1 .889 TP2@.867
NZD/CAD Technical analysisNZD/CAD is currently in a range bound move.
It has taken resistance at its upper range end is on it way to its to lower range.
Also, it has crossed its critical support at 0.90131, hence we expect the pair to move to its support at 0.89132.
