The recent dive in NZD/CAD has opened the door to a potential selling opportunity that aligns with a bearish fundamental outlook. However, prices are below an optimal entry point.
NZD/CAD Sell Greetings one and all. As expected the RBNZ kept interest rates on . This . In part the RBNZ was even more bearish than anticipated and Eamonn reported on CBA and the....
The fundamental landscape still argues for another short NZD/CAD setup. For now, it is best to stand aside to await a selling opportunity. One may reveal itself soon.
Hi traders,NZD/CAD developed a bearish momentum during the last two weeks... It seems that this price action was developing 5 bearish wave pattern I think that the pair is now in a...
The New Zealand Dollar has extended losses after the Reserve Bank of New Zealand (RBNZ) kept rates steady at 1.75% yesterday. The accompanying RBNZ statement was dovish with...
The common theme in currency markets in the past 2 weeks was a standard 50 to 150 pip ranges against the caveat breakouts and big moves were on the way to expand trading...
| Type | 5 mins | 15 mins | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Buy | Buy | Buy | Neutral | Sell |
| Technical Indicators | Strong Buy | Strong Buy | BUY | BUY | Strong Sell |
| Summary | Strong Buy | Strong Buy | Buy | Neutral | Strong Sell |
Filter Table By:
| Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Bullish Engulfing | 5H | Current | |||
| Completed Patterns | |||||
| Engulfing Bearish | 1M | 3 | Apr 18 | ||
| Dragonfly Doji | 1H | 5 | Jul 16, 2018 06:00PM | ||
| Bullish doji Star | 1M | 10 | Sep 17 | ||
| Brokers | Regulation | Minimum Deposit | |
|---|---|---|---|
 |
U.S. Commodity Futures Trading Commission (United States) | Start Trading | |
 |
U.S. Commodity Futures Trading Commission (United States) | $250 | Start Trading |
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National Futures Association (United States), Financial Industry Regulatory Authority (United States), Securities Investor Protection Corporation (United States) | $2000 | Start Trading |
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U.S. Commodity Futures Trading Commission (United States), Securities and Exchange Commission (United States) | $0 | Start Trading |
| Time | Cur. | Imp. | Event | Actual | Forecast | Previous | ||
|---|---|---|---|---|---|---|---|---|
| Tuesday, July 17, 2018 | ||||||||
| 08:30 | CAD | Manufacturing Sales (MoM) (May) | 0.5% | -1.3% | ||||
| Tentative | NZD | GlobalDairyTrade Price Index | -5.0% | |||||
| Reserve Bank of New Zealand (RBNZ) | ||
|---|---|---|
| Current Rate | 1.75% | |
| Chairman | Graeme Wheeler | |
| Bank of Canada (BOC) | ||
|---|---|---|
| Current Rate | 1.50% | |
| Chairman | Stephen S. Poloz | |
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