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Thread: NZD/CAD

  1. #1
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    NZD/CAD

    Thread for NZD/CAD discussion - latest news, technical analysis, forecasts and opinions.

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  2. #11
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    NZD/CAD on hourly chart is still moving with the slight bearish trend after formed new lower high on 0.8609 there. I expect it will continue fall to touch fibo 61.8 @0.8529. In case the price change its direction and be able breakout fibo 0.0 then bullish will make a strong rally again.


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  3. #12
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    This pair has been started the new downtrend channel on H1 chart and now the price is moving the same direction with the channel. So, the price is potential to touch the technical support at 0.8543 again. Please be notice, it need to exit from selling after the price can breakout resistance 0.8585.


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  4. #13
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    The downtrend channel still active on H4 chart and the price was closed below fibo 38.2 so this pair is potential to continue the bearish domination till meet fibo 61.8 at 0.8529. However, if the price move upside and breakout fibo 0.0 then bullish will continue the rally again.


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  5. #14
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    The pair NZD / CAD today fell to 200th in the moving average price of 0.8565, but to break this average does not work out, and the pair began to rise again, and now the pair is trading at 0.8598 price, and I believe that the pair will continue to rise to the level of resistance in the price of 08614 and above this level of resistance, and the confirmation that the stochastic indicator on the hourly chart.
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  6. #15
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    NZD/CAD success created the new highest swing at 0.8659 for the last 3 months. Then hit the top line of uptrend channel there. However, i think this pair already overbought and it need some corrections by re-touch the technical support at 0.8635 or continue with 0.8614.


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  7. #16
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    After success breakout the first resistance at 0.8635, now this pair is potential to reach the next resistance at 0.8659 or 0.8677. A pullback from 0.8635 is a good entry point for long position. But, in case the price can re-break then it need to be careful for further bearish action there.


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  8. #17
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    The downtrend channel is still active in hourly chart here, so nzd/cad is potential to move down and test the technical support of 0.8688. But, in case the price change the direction and breakout resistance 0.8716 then it will going up to hit 0.8749.

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  9. #18
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    The currency pair NZD / CAD went to a correction in an uptrend, but failed to pass the ma50 and turned away, now the pair is on the test ma13 if it will take a couple then I'll consider buying it according to the trend, but in the case of a reversal pair continues the correction in if this happens, wait a couple retest ma50 if it will then go to the sale to MA200.

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  10. #19
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    This currency pair is trading between the level of resistance and levels of daily and weekly pivots, now the pair do not advise to come in, have to wait for the test above these levels, if the pair will continue to rise while the resistance, in the case of a daily and weekly pivot can be sold to a pair of MA200 level.

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  11. #20
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    So far the second technical support can hold the bearish so this pair is still have a chance to move up and make re-test on the previous broken support 1 @0.8688 again. But, in case the price continue falling down and breakout support 2 then it will go to next support at 0.8601.

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