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Nzdcadshort

NZD/CAD | TECHNICAL ANALYSIS ! DOWNTREND | SHORT SETUP 🔔Bank of Canada, Macklem: It will take more time for inflation to decline. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
2
NZDCAD Short EntryNZDCAD Major trend is SELL but minor trend(4H) was buy. Minor trend support line broken and retested. So we think NZDCAD will follow the market structure and going down movement. we share analysis with our team every day. Follow us for more analysis and signals. Don't forget WE ARE NOT JUST SIGNAL GROUP our purpose is to share the signals with the analysis at the same time and teach you HOW TO TRADE and TECHNICAL ANALYSIS We are NOT scams like other We share all trades with 100% transparency. We have only 1 TP and 1 SL. Teaches while earning" -HecateFX Trading Guidance
Short
by HecateFX
NZDCAD - Bearish BiasNZD - Strong Bearish 1️⃣ The expectation of an interest rate hike is already expected. Not surprising the market. 2️⃣ Coronavirus cases in New Zealand. The number of cases reported today was 39 cases compared to 34 the previous day. 3️⃣ Global market sentiment traded lower due to the uncertainty of the US debt limit. Risky market sentiment usually weighs on high-beta currencies such as NZD & AUD. CAD - Weak Bullish 1️⃣ Rising crude oil prices support the strength of CAD. 2️⃣ In August, Canada’s trade surplus increased to CAD 1.94 billion, from CAD 0.74 billion in the previous month, and surpassed the market forecast of a CAD surplus of 0.43 billion. 3️⃣ Canada’s IVEY PMI is forecast to rise in September following the easing of restrictions. ===== Technical ===== Sell Opportunity on NZDCAD after the price failed to break the resistance level. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction. Don't forget to like, comment, and subscribe for more ideas.
Short
by MonsunAsia
NZD/CAD : DOWNTREND/RANGE AREA | GARTLEY UPDATE ACTIVE | SHORT ⚡Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
8