Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6502). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6502). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Price is consolidating in a triangle. We see potential for prices to bounce from our pivot entry at 0.64879 in line with 61.8% and 23.8% Fibonacci retracement towards our Take Profit at 0.65655 in line with 61.8% Fibonacci retracement. Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to...
NZD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the RBNZ At their Oct meeting, the RBNZ delivered on expectations to raise the OCR to 0.50%. As the hike was already fully priced, the lack of new hawkish tones we saw a textbook buy-the-rumour-sell-the-fact reaction in the NZD pushing lower. There was additional focus on the RBNZ expecting...
Price is trading in a descending trend line and is near the buy entry price of 0.64460 which is 78.6% Fibonacci projection and 78.6% Fibonacci retracement . Price potentially go the take profit level of 0.65392 which is also 50% Fibonacci retracement and 1.61.8% Fibonacci projection . Our bullish bias is supported by stochastic indicator as price is trading on...
Price is trading in a descending trend line and is near the buy entry price of 0.64460 which is 78.6% Fibonacci projection and 78.6% Fibonacci retracement. Price potentially go the take profit level of 0.65392 which is also 50% Fibonacci retracement and 1.61.8% Fibonacci projection. Our bullish bias is supported by stochastic indicator as price is trading on...
We are using our POW reversal strategy for this trade a NZDCHF long. Trade details for current trade are shown on the chart. We are working the 30M time frame on this strategy. We're looking for the green line which is take profit target. Little blue arrow is entry point and purple line is stop loss. You might be wondering what the shaded out areas are on the...
Hi traders Similar across the NZD pairs, NZDCHF is also showing good signs of bullish price action. We can see price has already completed a higher time frame continuation correction. Price indeed push higher, and formed a smaller, lower time frame correction as well Latest development shows yet another impulse phase on the LTF, follow by another...
Price is consolidating in a wedge pattern. We see a potential entry at 0.65251 which is an area of Fibonacci confluences towards our Take Profit at 0.65573 in line with 38.2% and 61.8% Fibonacci retracement . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
Price is consolidating in a wedge pattern. We see a potential entry at 0.65251 which is an area of Fibonacci confluences towards our Take Profit at 0.65573 in line with 38.2% and 61.8% Fibonacci retracement. Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained...
Price is consolidating in a bearish channel. We see potential for a pullback from our sell entry at 0.65915 in line with 78.6%, 61.8% Fibonacci retracement and 161.8% Fibonacci projection towards our Take Profit at 0.65462 which is an area of Fibonacci confluences. Technical indicators are showing bearish momentum. Any opinions, news, research, analyses, prices,...
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NZDCHF has formed a significant bearish engulfing on the 4 hour time frame. The bearish engulfing candle engulfed 4 previous candles and closed at 8am CST Friday. SL set at engulfing candle body high. TP set at 3X risk. Sell limit set at 50% retracement level.
NZD FUNDAMENTAL BIAS: BULLISH 1. The Monetary Policy outlook for the RBNZ At their Oct meeting, the RBNZ delivered on expectations to raise the OCR to 0.50%. As the hike was already fully priced, the lack of new hawkish tones we saw a textbook buy-the-rumour-sell-the-fact reaction in the NZD pushing lower. There was additional focus on the RBNZ expecting...
Case 1 NZDCHF after making a good bull run, correcting itself at fib level 0.382. It has taken good support, attempt to buy at current level with stop loss 0.65400 with first tp: 0.66340 Case 2 if it breaks the fib level 0.382. Attempt to short it with stoploss just above the resistance 0.65450. Either way it will be a good trade!
Price have recently been on a bullish momentum. We see potential entry at 0.66308 in line 127.2% Fibonacci extension and 78.6% Fibonacci retracement for a pullback towards 0.65816 in line with 23.6% Fibonacci retracement. Stochastics are at a level where pullbacks previously occured. Any opinions, news, research, analyses, prices, other information, or links to...
Strong support at the daily trendline. Hidden bullish divergence on the daily. looking for a long term buy with a nice tight stop loss. I already have one position long (0.64413) Waiting for a pullback on a lower timeframe. Don't forget risk management :)
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...