Nzdcadforecast
Ascending Triangle coming to end for NZD/CADWe are considering both scenarios for NZD/CAD because Ascending Triangle has coming to end and that's why we are putting two pending (both directions) orders if either of the triangle lines are broken.
But be careful to put the entry too close to the broken line.
Good luck !
NZDCAD approaching resistance, look out for potential reversal!
NZDCAD is approaching its resistance at 0.85820 where it is could reverse down to its support at 0.82797.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Short NZDCAD Move For Short-term/Intraday Trading SetupA short term downward move can be expected in NZDCAD, especially after the big rally because of falling crude oil prices (CAD is heavily reliant on crude oil prices). I feel that some government intervention will happen to cool off such dropping prices, leading to crude oil prices increasing a bit in the short term, thus giving some strength to CAD, which will cause NZDCAD to fall (expected target is 0.85100).
nzdcad nzdcad on the 1H timeframe . nzdcadis currently at a key level of suppord which as you can see has been tested quite a few times in the past. I am expecting it to go long.
always use proper RISK MANAGEMENT
please comment any questions or thoughts u might have about my analysis or this pair
NZDCAD--Weekly Market Outlook from 06 to 10 April 2020
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NZDCAD potential bounce!
NZDCAD expected to reverse up to 1st support at 0.85981 where it could potentially react and bounce to its resistance at 1st resistance at 0.83459.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZD/CAD SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
NZD/CAD: Day-Swingtrade-preparation
Market Sell: 0,84320
Stop-Loss: 0,85100
Target 1: 0,83530
Target 2: 0,82990
Target 3: 0,82250
Stop-Loss: 80 pips
Risk: 1-2%
Risk-Reward: 2,60
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Peace and good trades
Irasor
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