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Thread: Nzd/Cad

  1. #6015
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    as we can see from the chart , the pair is trading under the level of 0.8300 , that's mean if the pair succeeded in breaking 0.8300 it will continue in uptrend to 0.8330 and then 0.8350 , but if the pair bounced from 0.8300 , it will continue in the down trend heading to 0.8270 and 0.8250

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    I try to make analysis for nzdcad pair today.
    I see this pair still in strong bullish movement . If this pair can break the 0.9089 resistance level, I predict this pair will go up to the next resistance level at 0.9137 But if this pair go down and break 0.9038 support level, I predict this pair will make some correction to the next support level at around 0.8986

    Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 0.9052 and take profit at 0.9139
    my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

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    NZD/CAD market technical analysis

    market trend is going bullish

    Resistance levels
    the market could break the first resistance at = 0.9069
    the market could break the second resistance level at =0.9081
    the market could break the third resistance level at =0.9092

    Support levels
    the market could break the first support levels at =0.9042
    the market could break the second support level at =0.9030
    the market could break the third support level at =0.9020

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  7. #6012
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    Daily overview for GbpNzd

    The price is finding the first support at 0.9040 and the next support is at 0.9021 The price is finding the first resistance at 0.9085 and the next resistance is at 0.9107

    --- Trading recommendations for trading : Open Buy ---

    I predict price will be continued flying today. The first target is the level 0.9099 After fixing below the first target, then price will go to the level of 0.9125 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.
    Standart Support – Resistance :
    Resistent1 : 0.9085
    Resistent2 : 0.9107
    Resistent3 : 0.9124
    Support 1 : 0.9040
    Support 2 : 0.9021
    Support 3 : 0.9036

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    The New Zealand dollar � Canadian dollar pair continues to stretch its limits as it come closer to the last resistance level that defines the huge shuffling range for the pair, a shuffling pattern that results from the pair's weekly graph

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    Daily analysis about trend is buy

    Resistance and Supporting level is :

    1> Resistance is : 0.9075
    2>Resistance is : 0.9088
    3>Resistance is: 0.9101


    1> Supporting is : 0.9049
    2>Supporting is: 0.9035
    3>Supporting is: 0.9021

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    Nzd/Cad

    Today market trend is bullish.

    Resistance levels are
    R3. 0.9032
    R2. 0.9015
    R1. 0.8995

    Support levels are
    S1. 0.8958
    S2. 0.8941
    S3. 0.8924

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    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Analysis Chart NZD / Cad on today's Weekly is clear that the trend is still up, that is why I suggest you can buy with short-term take profit around 100 to 200 pips and if you choose to sell the security or you must have a large margin, we can see in the picture below all the Stochastic indicator is above 80 and the area we've been able to do sell to take profit which I think is very big between 700-900 pips

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    Today's technical analysis of NZd/Cad is bearish.


    1. Resistance Level: 0.8543
    2. Resistance Level: 0.8562
    3. Resistance Level: 0.8588


    1. Supporting Level: 0.8500
    2. Supporting Level: 0.8473
    3. Supporting Level: 0.8454

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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