Nzd/Cad

nzd/cad Technical analysis:

Level of Support
1-Support 0.9159
2-Support 0.9144
3-Support 0.9132

Level of Resistance
1-Resistance 0.9061
2-Resistance 0.9074
3-Resistance 0.9096

the exchange rate of the new zealand currency experienced a downward pressure which was quite drastic by the canadian dollar,
this is due to the strengthening of the value of the canadian dollar due to the rise in world oil prices that occurred this week.
meanwhile, from the new zealand country, the economic data is still depressed by data on employment that is still not good and also inflation data which tends to be low and the trade balance data recorded is quite large minus.
technically the daily timeframe moves nzdcad in a down phase,
this is supported by the presence of a 'shooting star' candle which is a reversal signal from the uptrend to a downtrend.

nzdcad has a target to fall at the price level of 0.92152
and the nzdcad support level is at the price level of 0.89683

recommendation: sell

taking profit 1: 0.90600 dan
taking profit 2: 0.90418

stop loss: 0.91808

Nzd/Cad

My trend is: sell


Resistance and supporting level with the best indicators

Trading Best Indicators is,,,,,,,,,,,,

1,Moving average is: sell
2,Oscillators is: sell

Current price is : 0.9080

Resistance level is ,,,,,,



1, Resistance is : 0.9094
2, Resistance is :0.9110
3, Resistance is : 0.9123


Supporting level is,,,,,,,

1, Supporting is ;0.9068
2, Supporting is : 0.9051
3, Supporting is : 0.9033

NZDCAD remains bullish as long as today's low (0.9008) remains untouched. On the 1 hour chart there are clear visible bullish patterns that can be seen. In the chart below, market patterns are used to determine where price can possibly pause and reverse higher. The green bullish pattern has already triggered BUYS at the XA 0.886% Fib. retracement level. The green bullish pattern point D terminated slightly below the XA 0.886% level but did not extend below the invalidation level and has since bounced higher. Traders should now watch the possible blue and orange bullish patterns that trigger BUYS on a dip lower from current price. Blue bullish pattern triggers BUYS at the BC 0.50% Fib. retracement level and if price extends a little lower the orange bullish pattern will trigger BUYS at the XA 0.886% Fib. retracement level. Traders need to wait and watch how price reacts at the possible support zone (blue box) and see if the market reacts higher to any of these bullish patterns. If looking to trade NZDCAD stops should be placed at the point B low of the blue bullish pattern looking for a rally higher to extend higher and hit targets above. Only time will tell what NZDCAD will do but at least now you are aware of the possible area where the pair can bounce from.

today NZD/CAD Technical analysis

Resistance 1 0.9071
Resistance 2 0.9086
Resistance 3 0.9097
~~~~~~~~~
Support 1 0.9060
Support 2 0.9049
Support 3 0.9025

Pair is Nzd /Cad

Todays my technical analysis of Nzd /Cad


1 RESISTANCE LEVEL IS =0.9070

2 RESISTANCE level is =0.9087

3 RESISTANCE level is =0.9096


1 supporting level is =0.9062

2 supporting level is =0.9048

3 supporting level is =0.9023

NZD/CAD

Resistance and Supporting

Resistance 1 - 0.9097
Resistance 2 - 0.9115
Resistance 3 - 0.9124

Supporting 1 - 0.9070
Supporting 2 - 0.9074
Supporting 3 - 0.9052

nzd/cad Technical analysis
Level of Resistance
1/ Resistance 0.9163
2/ Resistance 0.9175
3/ Resistance 0.9192
Level of Support
1/ Support 0.9058
2/ Support 0.9046
3/ Support 0.9033

market trend is going bullish
market price = 0.9065
Resistance levels
the market could break the first resistance at =0.9078
the market could break the second resistance level at =0.9090
the market could break the third resistance level at =0.9001

Support levels
the market could break the first support levels at =0.9051
the market could break the second support level at =0.9039
the market could break the third support level at =0.9029

nzd cad ka uptrend chal raah hai
lekin iska candelstick graph dekh ke lagta hai .07890 pe iska bahut striong resistence hai..isse pehle isko buy nahi karna chahaiye..
1 baar agar ye value tuut jati hai fir iski buying ki ja sakti hai