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Thread: NZD/CAD

  1. #1
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    NZD/CAD

    The action bias of the pair is downward at the moment. So it is better to sell at this stage.

    These are the pivot points to get support and resistance values.

    0.8134 0.8142 0.8148 0.8156 0.8162 0.8170 0.8176

    Sell at 0.8156 and consider the next support point as take profit and next resistance point as stop loss.

  2. #2
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    Re: NZD/CAD

    On the H4 chart, the price still in the ranging between 0.8060 and 0.8125.
    I think we should wait till the price could out from the range because it is still hard to determine the price.

  3. #3
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    Re: NZD/CAD

    On my H1 chart, this pair still in the bearish and managed made retracement.
    Now, the price still below on fibo 23.6, so i expect this pair will break this fibo then reach to fibo 38.2 or 0.8055.

  4. #4
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    Re: NZD/CAD

    there is a support at 0.8009 which pulled the pair upward, in h4 chart pair still in bearish movement, I am expecting some correction here...

  5. #5
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    NZD-CAD

    Daily Technical Analysis for NZDCAD | Wednesday, September 05, 2012

    The consolidation still look here. The price still move on above that strong demand area (0.7803). just wait and see with this sideways. Then, if here was formed a nice bulls candle = yes, search for Buy with SL bellow that strong demand = SL for Buy bellow the price 0.7803 = better decision, then,

  6. #6
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    On the H4 chart , price are running between 0.8060 and 0.8125, so If you wait till the price could out from the range because that is very hard to determine that price.

  7. #7
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    Daily Technical Analysis for NZDCAD | Thursday, September 20, 2012

    This pair look still bulls, I see - but weak. I say weak because price now on move near that strong supply area (0.8097). So, to make a new nice Buy OP here - we must wait for the breakout up to that support 0.8097. And I see - as long as the price still move bellow that strong supply 0.8097 = wait and see can be more better choice

  8. #8
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    Daily Technical Analysis for NZDCAD | Monday, October 01, 2012

    The NZDCAD on become probably bearish, I see. On other say = This bearish still nice play here as long as the price can not break up again to that strong supply (0.8174). So, search for sell better with max. SL on above that supply 0.8174,

  9. #9
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    Daily Technical Analysis for NZDCAD | Thursday, October 04, 2012

    Bulls on nice here. I see - this bulls can more nice to be take buy op after truly the buyer can break that pivot at 0.8100. And yes, as long as the price still move bellow that pivot 0.8100 = just wait and see = it's still sideways.

  10. #10
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    The NZDCAD pair on look bearish, The Candle (on 4H TF look) now move to probably re-test that pivot line at 0.8018. I see this can be a nice formation for search sell with minimum TP to near that pivot 0.8018 of course. Then, please pay attention for probably breakout price to that pivot 0.8018. if that happen i think will more probably bearish

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