Chart Art: NZD/CAD Long-Term Range Support, Bounce or Break?
Don’t look now, but NZD/CAD is right at the very bottom of its long-term range! Will Kiwi bulls keep defending this floor or are we about to see a big breakout next?
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Don’t look now, but NZD/CAD is right at the very bottom of its long-term range! Will Kiwi bulls keep defending this floor or are we about to see a big breakout next?
Read MoreThe BOC cut interest rates by 0.25% as expected and gave a slightly more dovish statement. So which setups in our CAD watchlist were good to go, and how did they play out?
Read MoreWhat a fakeout! After spiking below support, USD/JPY found itself back inside its range on the 4-hour time frame. Can it bounce off the top again?
Read MoreWTI crude oil has formed lower highs and found support at the $62 per barrel mark, creating a descending triangle on the 4-hour time frame. Can it go for a breakout next?
Read MoreAfter making fresh 2025 lows, USD/CHF looks set to retest previous areas of interest. Will the pair encounter bearish pressure around these levels?
Read MoreMarket expectations for a Bank of Canada rate cut have been baked in for a while now, but what if the central bank delivers a hawkish announcement? Here’s what I’m watching on CAD/CHF and NZD/CAD if this happens.
Read MoreBitcoin turned lower (again) from the $117,000 zone! Will this lead to deeper pullbacks for the OG crypto?
Read MoreEverybody and their momma expect the BOC to cut rates! If the central bank turns less dovish, EUR/CAD and CAD/JPY’s setups may provide opportunities for CAD traders.
Read MoreMissed the bullish breakout on AUD/USD recently? Better watch out for this potential correction on its climb, as the Fib tool marks these inflection points.
Read MoreGBP/NZD is approaching a potential support zone after turning lower from a previous resistance! Will the pair extend a long-term trend in the next few days?
Read MoreMistakes are the usual bridge between inexperience and wisdom.Phyllis Theroux