NZD /CAD is bearish
Resistance 0.8795
Resistance 0.8811
Resistance 0.8823
Support 0.8765
Support 0.8747
Support 0.8735
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NZD /CAD is bearish
Resistance 0.8795
Resistance 0.8811
Resistance 0.8823
Support 0.8765
Support 0.8747
Support 0.8735
Nzd/Cad::
Position of this pair in markeet has bearish
It can be sell now but the crunt pivit is .
0.8773 it is determine that you to do the open position SELL with some criteria such as the following. You put a take profit positions at . . . 0.8778
You put a stop loss positions at . . . 0.8795
that's indicator Bollinger Bands is trend down and signal Parabollic Sar is BEARISH trend at this position.
Daily overview for NzdCad
The price is finding the first support at 0.8761 and the next support is at 0.8736 The price is finding the first resistance at 0.8806 and the next resistance is at 0.8828 I predict price will be continued falling today. The first target is the level 0.8735 After fixing below the first target, then price will go to the level of 0.8719 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
“--- Trading recommendations for trading : Open Sell ---“
According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!
Today bearish trend
Pivot Point. 0.8790
current Price. 0.8787
Resistance levels.
R1)0.8790
R2)0.8815
R3)0.8819
Supporting levels.
S1)0.8770
S2)0.8749
S3)0.8725..
Thnx for committed by Markeet trend....
my analysis of Nzd/Cad
Today Trend is:buy
Resistance and Supporting level today,s
Resistance level today,s is
First Resistance is:0.8819
Second Resistance is: 0.8845
Third Resistance is: 0.8898
Supporting levels today,s is
First Support is: 0.8761
Second Support is:0.8723
Third Support is:0.8675
Last night, the Loonie got uplifted baselessly around 100 pips amid a subdued Greenback and Oil price action. The pair soar straight from 1.3380 levels reaching near 1.3480 levels. Today, in the Asian trading session, the USD/CAD pair remained in consolidation mode around 1.3460/70 levels. Meanwhile, Investors tend to move to less risky assets like Gold and other safe-haven assets.
Meanwhile, technical indicators have been gaining positive traction on the 4-hourly chart but are already pointing to slightly overbought conditions on the 1-hourly chart. Moreover, oscillators on the daily chart maintained their bearish bias, warranting some caution for bullish traders.
NZDCAD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bearish trend, now current price at 0.8774 and strong resistent at level 0.8796 in hourly time frame. there is possible chance price will move to up side. then next low price is 0.8723
I suggest to entry SELL with stoploss at 0.8724 and take profit at 0.8809
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. I hope you can earn consistent profit from my signal, good luck and doing trade like a boss.
i think this pair is nearing the top before it will turn back viciously.......from my fibo range this pair already reach the level on daily chart but if the price kept on going up then the next level will be aroud 9000 area
NZDCAD Today Analysis
Market Trend Bullish
Pivot Point 0.8780
S 1 >>>>> 0.8745
S 2 >>>>> 0.8715
S 3 >>>>> 0.8675
R 1 >>>>> 0.8805
R 2 >>>>> 0.8842
R 3 >>>>> 0.8870