Analysis For Beginners: NZDCAD – Outside Bar Indicates Correction?
The NZDCAD currency pair yesterday formed an Outside Bar. After strong upward movement, it suggests at least possibility of a downward correction. This formation...
Morning Options: AUD/CHF – PUT, NZD/CAD – CALL
AUD/CHF - as a result of yesterday's dynamic gains, market reached local resistance where today a strong supply response has emerged. Rejection of this...
NZDCAD – Testing Upper Limit of Bearish Channel
3-monthly movement inside the channel
Situation on the NZDCAD chart got very interesting. It was not until last week that the lower limitation of channel...
NZDCAD – Head and Shoulders completed – time for falls ? 21/01/2019
NZDCAD - last week I described this pair and the emerging Head and Shoulders formation, which just this night was formed and the price...
Analysis for Newbies: NZDCAD – Continuation of the Upward Trend
NZDCAD has been moving in an uptrend since it came out of the wedge in December 2017. At that time the resistance 0.8880 was...
NZDCAD – Rebound From The Support Level 0.9300
Support at 0.9300 helped NZDCAD on the beginning of Monday's trading, it rebounded up like a bunny. Movement was quite dynamic and in a...
NZDCAD – a Head and Shoulders formation ? – 17/01/2019
NZDCAD 17/01/2019
A pair of commodity currencies - NZDCAD, largely dependent on exports and prices of raw materials such as oil, iron ore, aluminium and...
NZDCAD – bearish engulfing on the daily chart – 02.01.2020
NZDCAD - bearish engulfing on the daily chart - 02.01.2020 Interestingly, the first session of this year on NZDCAD started. The last...
NZD/CAD once again tests broken support – 14/01/2019
The NZD/CAD currency pair broke the sequence of growing lows and highs on the daily chart, as I mentioned in the analysis of 4...
NZDCAD – Back To Bearish Trend
NZDCAD to the last day of recent month amended sharp declines that have taken place since rebound from the channel resistance. For a moment...