Analysis of the NZDCAD Currency Pair for 29.12.2025
Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.
29.12.2025.
NZDCAD
The trend is bullish. The currency pair is trading within the range between the 365 EMA and 135 EMA. The descending wave structure is truncated. Both the Awesome Oscillator and the Stochastic Oscillator show bullish divergence.
Trading Idea:
Buy upon the formation of an ascending wave structure, where wave (A) breaks through the trend channel of the truncated descending structure.
Stop Loss placed below the local low of the truncated descending structure.
Target levels: 0.7983; 0.8000.
