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Filtrowane przez tagi:  Nzdcad
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NZDCAD

The NZDCAD bearish trend is evident , the pair is in the lowest zone of bearish channel and well below the moving average of long period and , at last , the RSI oscillator is to 23
Taking in consideration such set the next future price action could follow the line present on this chart , and reach the 161% level ( Fibonacci expansion) for Oct
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NZDCAD

NZDCAD is bearish at the moment , it is below the moving average of long period and the CCI oscillator is to -24. From the last peak , recorded in March , the pair is down by 7%
If the pair will continue on this way , maybe following the Fibonacci Fan lines . it could reach the static support placed to 0.87 for Sept
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daniellabas avatar

Nice article

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williamb 22 Sie

The NZDCAD is on bounce after touched the static support placed to 0, 87 , however this movement should fade in a few days because the pair is still in bearish phase

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NZDCAD

This chart , based on weekly candles time frame , show as the NZDCAD is in bearish trend , in particular the latest bounce , without change the main trend , cause a situation of overbought ( look at the Stochastic)
So a correction could to be close , an event that could lead the pair toward the S3 support ( Woodie pivot points ) for the contest 's deadline ( -6% from the current level )
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11062018 NZDCAD SHORT TRADE

Hello my dear friends and the fellow community members.
I have entered a short trade in NZDCAD after seeing a bearish pinbar on the 4 hour chart. I expect the pair to fall in the coming days. Here is the chart showing my planned entry and exit.Happy trading to all.
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The Yen appear weak...

The Yen appear weak today , with orders Machinery , after a drop by 3,9% in March , went up by 10% in April . Another weak currency this morning seems to be the Canadian dollar (NZDCAD +0,5;EURCAD +0,6 and CADJPY -0,1) , in this case there are policy reason ( the latest clash between US and Canada) and fundamental ( the weakness of oil's price ) that impact negatively on the Loonie . In the coming days it could to be a trend inversion for both currencies so i will take a look l NZDCAD and USDJPY…
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NZDCAD

The Ichimoku pattern show clearly as the NZDCAD is in bearish trend at the moment ( with a red cloud above the current price level) a situation confirmed by the RSI oscillator
Such situation should endure in the coming weeks , with the pair doomed to reach the S3 support ( Woodie pivot points) for July , at least in my view
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NZDCAD

The static resistance placed to 0.95 seem to be very strong for the nzdcad , in fact it didn't able to overtook it despite several attempts . The latest one caused a correction that is still in act , as show the RSI oscillator ( 47)
A further decline seem probable at this point , with the pair that should breach easy the S1 and S2 support provided by the Woodie pivot points and then reach the S3 level for June
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williamb 22 Maj

After a fall by 7% since March the NZDCAD recorded an attempt to rebound two days ago( April 20)  , with  closure by +1,1% , but this attempt is fading . The pair decreased after that performance and however remain well below the moving average of long period .

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The Yen...

The Yen was weakness this week as the Eur while Aussie , Loonie and Kiwi dollar strengthened . This trend could to fade in the next week , with the stock market that should restart its decline . Some valid bets in this uncertain period could to be pairs as AUD/NZD ( long ) AUDCAD( short) or NZDCAD(short) because usually have a low market correlation
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NZDCAD

NZDCAD is again very close at the static resistance placed to 0.95 , in the recent past the pair have always failed to breach ( in definitive way ) this support . It happened several times that the reaching of such level caused a deep correction , specially when the RSI was in overbought
In my view it could happen also this time , whit the pair that could fall swiftly toward the support placed to 0.865 , my target for May
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NZDCAD

NZDCAD increased above 7 % from November of 2017, this run caused some overbought situation as you can see on the CCI and WILLR oscillators
In a short term this set should cause a correction , my foresee for april is a level around the S3 line provided by the Wood pivot points
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