Nzd/Cad

Nzd/Cad Analysis:

Trend; Bullish
Moving average: Buy
Pivot Point :::> 0.8412

S 1 :::> 0.8409

S 2 :::> 0.8378

S 3 :::> 0.8355

R 1 :::> 0.8417

R 2 :::> 0.8443

R 3 :::> 0.8467

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NZD/CAD Stays Below the Lower End of a Range
ANALYSIS | Published Feb 04, 2020 12:06 (+00:00)
NZD/CAD traded higher yesterday but hit resistance near the 20-EMA on the 4-hour chart, slightly below 0.8610, which is the lower end of the sideways range that was containing most of the price action from January 3rd until the 28th. Today, the rate retreated somewhat. Bearing in mind that the pair continues to trade below the lower bound of the range, we would consider the short-term outlook to be cautiously bearish for now.

If the bears are willing to stay behind the steering wheel, we would expect them to target again the lows of Friday and yesterday, at around the 0.8545 territory. They may decide to take a short break after testing that zone, thereby allowing another corrective rebound. That said, if they regain control from below the lower bound of the aforementioned range, we would expect the forthcoming negative wave to result in the break of the 0.8545 hurdle, something that may open the way towards the 0.8515 zone, which provided decent support between November 25th and 29th.

Today market trend:sell

Market exchanging sign rely upon a pointers*

Resistance points and Support points of market goes down

The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit

So could the trading in Sell and get a huge profit
Thanks for u.

Nzdcad
new zealand dollar/canadian dollar
0.83870
cad
−0.00060 (−0.07%)
market open (feb 25 23:44 utc-5)
0.83930
prev
0.83930
open
31.774k
volume
0.83820 — 0.84000
day's range

Dear forex users
The single currency was able to edge up slightly after better then the expected Eurozone pmls,
Which revealed growth in the bloc was higher than expected in February .
The dollar suffered some losses on Friday after pml data revealed the services sector contracted ,falling to a 76 month lo markit preliminary .
Munafacturing purchasing managers for February was expected to drop from 45.3 to 44.8 points - below the 50 point . dear threshold separating expansion and contraction the services pml was projected to to slid from 54.2 to 53.8 points .

Today's my technical over view of the market for the trend of this pairs nzd/Cad

according to market technical analysis the market have sell trend
the market trend could remain in this position
expected resistance and support levels
market price ----------0.838

The resistance level as under.

First- Resistance level----------0.8410
Second- Resistance level----------0.8450
Third- Resistance level----------0.8490

The supporting level is as under.

First- Support level-------------0.8320
Second- Support level-------------0.8310
Third- Support level-------------0.8290

My dear the technical analysis of this pairs and the trend of this pairs Nzd/Cad is bullish.

The resistance and supporting level of this pairs Nzd/Cad is very success now.

The following resistance and supporting level of this pairs is as under.

The resistance level of this pairs.

01. Resistance level is=0.8390
02. Resistance level is=0.8450
03. Resistance level is=0.8490

The supporting level of this pairs.

01. Supporting level is=0.8320
02. Supporting level is=0.8290
03. Supporting level is=0.8190

Nzdcad
new zealand dollar/canadian dollar
0.83885
cad
−0.00045 (−0.05%)
market open (feb 25 23:59 utc-5)
0.83930
prev
0.83930
open
32.335k
volume
0.83820 — 0.84000
day's range

NZD सीएडी / बस उच्च गुणवत्ता पताका चार्ट दैनिक चार्ट पर Autochartist द्वारा की पहचान पैटर्न पूरा कर लिया है. इस चार्ट पैटर्न की गुणवत्ता सभी गुणवत्ता संकेतकों के मजबूत मूल्यों का एक परिणाम के के रूप में 7 बार के स्तर पर मापा जाता है: पर्याप्त आरंभिक रुझान और स्पष्टता (8 पट्टी स्तर पर मूल्यांकन) और के पास अधिकतम एकरूपता (9 सलाखों).

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..