NZD FUNDAMENTAL BIAS: BULLISH 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has benefited from the market's improving risk outlook over recent months as participants moved out of safe-havens and into riskier, higher-yielding assets. As a pro-cyclical currency, the NZD enjoyed upside alongside other cyclical assets going...
NZDCHF has fakeout of an important support on the 4H chart, made a decent pullback to the 61.8% fib and is now continuing upwards. On the 1D we have been supported and it seems that the bulls on NZD might be back in play. Keeping this one short and sweet, long on NZDCHF
NZD Fundamental bias: Bullish 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has benefited from the market's improving risk outlook over recent months as participants moved out of safe-havens and into riskier, higher-yielding assets. As a pro-cyclical currency, the NZD enjoyed upside alongside other cyclical assets going...
By my opinion , downtrend just ended . RBNZ just released news that telling us we are in front of higher interest rates. Covid is there question of history and technicals playing with us. CHF is overbought as well . Lets try to buy this dip. TP 65´s , SL for me 63,200 , RR ratio very good. Stay green mates
Don't blink and eye the BULLS have it this around maybe slow but trust us it surely get their . The pair has had its share of the Elliott wave count added with the truncated 5 which came in a parcel (false breakout) completely completing the 9wave Switch over to the lower TF to spot your entries
NZDCHF is trading in downtrend Pair broke corrective uptrendline Price is below key level at 0.6405 Below SMA 100 MACD shows bearish momentum It's expected to target support level at 0.6340
NZDCHF after the last bearish impulse got rejected by the trendline and started a retracement to the 0.618 Fibonacci level. According to Plancton's strategy, If the price will provide us a sign of inversion, we will set a nice short order. –––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵...
NZD - FUNDAMENTAL BIAS: BULLISH 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has benefited from the market's improving risk outlook over recent months as participants moved out of safe-havens and into riskier, higher-yielding assets. As a pro-cyclical currency, the NZD enjoyed upside alongside other cyclical assets going...
the evening star bearish candlestick reversal pattern has made us breach back into the channel first confirmation for short is evening star candlestick pattern second confrimation for short is breaking back within channel third confirmation of short is bearish daily pinbar rejection of trendline and zone area now we place a short to the downside: since stop is...
The market is clearly trending downward, but ill be keeping an eye for a possible breakout of the trend, a strong D1 candle breakout. at the same time i wouldn't dismiss it from selling.
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Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6419). . 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 (0.6419). . 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 (0.6406). . 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 below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6406). . 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 below the 21-Day WEMA, which acts as a dynamic...
NZDCHF has shown a bullish breakout from the descending trendline resistance, where we could see a bounce from the Buy Entry level, in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Price could rise further towards Take Profit level, which is in line with 61.8% Fibonacci extension and horizontal swing high resistance. Price is also holding...
NZDCHF is currently pushing downwards towards 1st resistance in line with 161.8% Fibonacci extension and 61.8% Fibonacci retracement. If prices push down further, prices might take support from 78.6% Fibonacci extension and 127.2% Fibonacci retracement fibonacci confluence zone. If prices reverses from 1st resistance, prices might face resistance from horizontal...
NZDCHF is currently facing bullish pressure from ascending trendline, in line with horizontal swing low support, 127.2% Fibonacci extension and 78.6% Fibonacci retracement. Prices might push up towards horizontal swing high resistance in line with 127.2% Fibonacci extension and 127.2% Fibonacci retracement. If prices push down further, prices might take support...