The NZDCHF pair delivered a fast-profit buy signal last time (May 09, see chart below), with the price even breaking above the established Channel Up: A new Channel Up prevailed as seen on the current chart and since it held the Support of the 1D MA200 (orange trend-line), it broke again above the 1D MA50 (blue trend-line) and gave a bullish confirmation. We...
NZD/CHF is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 0.55294 1st Support: 0.54666 1st Resistance: 0.55747 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
NZD/CHF is rising towards a resistance level which is a pullback resistance and could fall to our take profit. Entry: 0.55902 Why we like it: There is a pullback resistance level. Stop loss: 0.56759 Why we like it: There is a pullback resistance. Take profit: 0.54882 Why we like it: There is a pullback support level. Please be advised that the information...
The NZDCHF pair delivered a strong buy signal following our last bullish call (February 29, see chart below) and after hitting the top of the Channel Up, it immediately pulled back to its bottom (Higher Lows trend-line): The price is already on former Resistance 1 but has some more room left to expand to upwards before pulling back again, as the minimum...
NZD/CHF is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 0.53942 Why we like it: There is an overlap support level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.53448 Why we like it: There is a pullback...
Price is rising towards a resistance level which is an overlap resistance which aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.54037 Why do we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.54366 Why we like it: There is a pullback...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDCHF has been overall bullish , trading within the rising channel in blue. However, it is currently approaching the upper bound of the channel again acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance zone at 0.55 - 0.552 marked in...
The NZD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a rising wedge pattern. This pattern, despite an initial upward angle, is often seen as a bearish reversal signal. Key Points: Rising Wedge Breakout: The price has been trading within a rising wedge pattern characterized by converging upward...
I'm probably crazy, Yeah I know What's up folks Brandon here. Today I have some possible sells on NZDCHF, I think sells just make overall sense as none of the data I have taken in builds my confidence in a buy. Furthermore it feels like a buy seems to obvious. I am extremely cautious of when a set up feels obvious. I like to go against the grain, and No that...
Hey Traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.53900 zone, NZDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.53900 support and resistance area. Trade safe, Joe.
The NZDCHF pair has been trading within a Channel Up pattern since the October 23 2023 Low. After breaking above the 1D MA200 (orange trend-line) for the first time in more than 1 year (since January 31 2023), the pair confirmed the trend shift from long-term bearish to long-term bullish. The recent 3-day pull-back to the 1D MA200 is a technical buy...
We've broken out of the long-term bearish trend. I'm waiting for a retest of the descending trendline and then going for a buy. This idea should be supported by fundamentals this week, with a dovish SNB and a hawkish NZB.
Hey Traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.54200 zone, NZDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.54200 support and resistance area. Trade safe, Joe.
Expecting price to continue with the Bearish Order flow, delivering lower prices, after mitigating the OTE Area, and after taking liquidity.
NZDCHF is on a strong Support from 2020 may be a great long until 0.55. Longer TPs are possible targets too! But something is, we are in a strong support, regardless; Might counce back to: Weekly 200 EMA too!
Hey Traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.52800 zone, NZDCHF was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.52800 support and resistance area. Trade safe, Joe.
sell from 0.5430 and 0.5470 stop loss 0.5520 take profit show in the chart
Hey Traders, In preparation for tomorrow's trading session, our focus centers on NZDCHF, where we are carefully monitoring a potential buying opportunity around the 0.53300 zone. Currently entrenched in an uptrend, NZDCHF showcases a sustained upward trajectory. Concurrently, the currency pair is navigating a correction phase, gradually converging towards the...