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This symbol represents the New Zealand Dollar - Canadian Dollar cross pair. These two currencies are both categorized as commodity currencies. Canada is primarily associated with oil and lumber, conducting significant trade with the United States. New Zealand is more associated with agricultural commodities and exports dairy and meat products to Australia and China.
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I anticipate this pair NZD CAD have bullish course
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the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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NZD/CAD - New Zealand Dollar to Canadian Dollar
NZD/CAD
0.8386+0.0015(+0.1791%)
04:51:54(GMT)|Real-Time Data, Quoted in CAD
Open
0.8371
Day's Range
0.8369 - 0.8390
Class
Currencies
Bid/Ask
0.8386/0.8386
Symbol
NZDCAD
Subclass / Sector
Minor
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Exponential Moving Average (12) : DOWN
Simple Moving Average (20) : DOWN
Exponential Moving Average (30) : DOWN
Exponential Moving Average (60) DOWN
Please avoid using big lot for your trade because this business is very dangerous.
anything can happened in forex market. good luck to your trading my friend
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Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
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Present price levels are sufficiently close to the resistance level of 0.8150 so we can place our first sales portion now and increase by a further portion in the event that the upwards direction continues towards the last resistance level of 0.8250
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Nzd/Cad Analysis:
Trend; Bearish
MA: strong Sell
PP ---> 0.8382
S 1 ---> 0.8378
S 2 ---> 0.8358
S 3 ---> 0.8332\
R 1 ---> 0.8389
R 2 ---> 0.8413
R 3 ---> 0.8432
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Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
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ye pair abi strong resistance or fibo level zero par hai..
agar ye es resistance ko todta hai to ese khridna chahiye..but mujhe lagata hai ki yahaa se eska girna suru hoga..
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kal k hi uptrend ko market continue kar skta hai kuki market meh kafi upward strong movement thi kal or kafi buyers ne dominate kara hai ,
halaki abhi ek support level pe jisko market ache se test kar rha hai agar ye level break hota hai toh defintely strong up movement dikhegi is pair meh.
I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.