NZD/CAD Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Intraday view is bearish
- Price below the 20-day average
- Daily RSI 33, weak momentum
- Daily MACD below its signal line
- 5-day change -0.1%, little net move
- Daily view is bullish
- Price below the 50-day average
- 20-day average below the 50-day
- Daily MACD below zero
- 20-day change -0.3%, little net move
- Price below the 40-week average
- 10-week average below the 40-week
- Weekly MACD below its signal line
- Weekly RSI 37, weak momentum
- 6-month change -1.3%, little net move
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
NZD/CAD: Bearish below the pivot
Our preference
Below 0.79132, look for a move towards 0.78540.
Alternative scenario
Above 0.79132, expect 0.79293 and 0.79388.
Comment
As long as price stays below the pivot, the downside structure remains intact. RSI is at 30 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 0.79388 |
| Resistance 2 | 0.79293 |
| Pivot | 0.79132 |
| Price | 0.78880 |
| Support 1 | 0.78540 |
| Support 2 | 0.78444 |
| Support 3 | 0.78349 |
NZD/CAD: On the edge of pivot level
Our preference
Above 0.78451, look for a move towards 0.81743.
Alternative scenario
Below 0.78451, expect 0.77100 and 0.76296.
Comment
The price is approaching our pivot level at a critical juncture, leaving little room for the asset to reverse its current trajectory. RSI is at 45 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 0.83364 |
| Resistance 2 | 0.82554 |
| Resistance 1 | 0.81743 |
| Price | 0.78880 |
| Pivot | 0.78451 |
| Support 2 | 0.77100 |
| Support 3 | 0.76296 |
AI market story
Updated 2026-10-28 11:18 UTC+8NZD/CAD pressured as moving averages and momentum turn soft
Price is 0.78900, up 0.14% on the day but down 0.08% over five days and 0.3% over 20 days. It sits below the 20-day average of 0.79774 and 50-day of 0.80496, with daily RSI at 33 and MACD below its signal line.
Price journey: up or down lately?
It has been falling. The 0.14% one-day gain is small against a 0.08% five-day drop and 0.3% 20-day drop, and price at 0.78900 is below the 20-day high of 0.80327 and the 20-day average of 0.79774.
Trend: which way is the bigger picture pointing?
The broader direction is down. Price is under both the 20-day average of 0.79774 and the 50-day of 0.80496, and the technical read is bearish short, medium and long term. The daily bullish view needs 0.78451 to hold.
Momentum: gaining or losing strength?
Momentum is fading. Daily RSI fell from 44 five days ago to 33, MACD is below its signal line with little change in the histogram, and the 30-minute view is bearish below the 0.79132 pivot.
Key levels: which prices matter next?
Watch the intraday pivot at 0.79132 and downside targets of 0.78540 and 0.78444, with 0.79293 as the first reversal level. On the daily view, 0.78451 is the bullish pivot toward 0.81743.
Bank of Canada decision looms with roughly 33-point moves
Canada's policy rate is due 10-28, expected at 2.25 versus 2.25 prior. August GDP y/y and m/m follow on 10-30, then October RBC manufacturing PMI on 11-02. Past rate releases averaged 33.7 points over four hours, with only 29% closing higher.
What is coming up on the calendar?
First up is Canada's policy rate on 10-28 at 21:45, expected 2.25 versus 2.25 prior. August GDP y/y and m/m come on 10-30 at 20:30, prior 1.4 and 0. October RBC manufacturing PMI follows on 11-02 at 22:30, prior 51.5.
How much do these events usually move the price?
Past rate releases moved NZD/CAD 33.7 points on average over four hours, up to 51.7, about 1.1 times normal, with 29% closing higher. GDP and PMI releases averaged about 33 points, up to roughly 70, or 1.0 to 1.2 times normal.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
NZD/CAD is below its daily short trailing stop. Short positions can reference 0.80895 (2.49% away); it only moves down. A daily close above 0.80895 signals the trend is strengthening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is below the 20- and 50-day moving averages, a weak medium-term structure.
- Daily RSI is 33, soft momentum.
- Daily MACD is below its signal line; daily momentum is down.
- Price is below the daily lower Bollinger Band (0.79300): weak, but stretched.
Related economic events this week
| 10-28 09:00 | New Zealand Official Cash RateAfter 19 past releases, NZD/CAD moved 71.1 pips on average in 4 hours (3.5× normal) · max 96.2 pips | 2.75 |
| 10-28 21:45 | Canada Central Bank Policy Rate HighAfter 21 past releases, NZD/CAD moved 33.7 pips on average in 4 hours · max 51.7 pips | 2.25 |
| 10-30 20:30 | Canada Aug GDP YoYAfter 33 past releases, NZD/CAD moved 33.2 pips on average in 4 hours · max 69.5 pips | — |
| 10-30 20:30 | Canada Aug GDP MoMAfter 33 past releases, NZD/CAD moved 33.2 pips on average in 4 hours · max 69.5 pips | 0.2 |
| 11-02 22:30 | Canada Oct RBC Manufacturing PMIAfter 32 past releases, NZD/CAD moved 33.8 pips on average in 4 hours (1.2× normal) · max 70.3 pips | — |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for NZD/CAD
None of the financial news we collected in the last 7 days mentioned NZD/CAD directly.
Trade signals for NZD/CAD
Short-term Signals 30-minute · held a few hours to a day
No recent short-term signals for NZD/CAD.
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for NZD/CAD.
Chart patterns in play for NZD/CAD
No active 15-minute to 4-hour patterns for NZD/CAD right now.
FAQ
Where are NZD/CAD support and resistance levels today?
Intraday resistance: 0.79132, 0.79293, 0.79388. Support: 0.78540, 0.78444, 0.78349. Pivot: 0.79132 (updated Oct 28, 2026 15:09 UTC+8).
Is NZD/CAD bullish or bearish now?
Intraday: bearish. Short-term (daily): bullish. Bearish below 0.79132, targeting 0.78540 and then 0.78444.
How has NZD/CAD been trading lately?
NZD/CAD pressured as moving averages and momentum turn soft. Price is 0.78900, up 0.14% on the day but down 0.08% over five days and 0.3% over 20 days. It sits below the 20-day average of 0.79774 and 50-day of 0.80496, with daily RSI at 33 and MACD below its signal line.
How do I read the NZD/CAD technical score?
Currently short-term bearish, medium-term bearish, long-term bearish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on NZD/CAD?
NZD/CAD is below its daily short trailing stop. Short positions can reference 0.80895 (2.49% away); it only moves down. A daily close above 0.80895 signals the trend is strengthening.
Which economic events matter for NZD/CAD next?
Bank of Canada decision looms with roughly 33-point moves. Canada's policy rate is due 10-28, expected at 2.25 versus 2.25 prior. August GDP y/y and m/m follow on 10-30, then October RBC manufacturing PMI on 11-02. Past rate releases averaged 33.7 points over four hours, with only 29% closing higher.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
Other markets
Live levels and price alerts in the app
The Borearis app has live levels for every market, price alerts, daily picks and AI analysis.
