4H CHART EXPLANATION: On the 4H chart, we observe that price broke the channel that was against the bottom of the Major channel. Now, trying to break the Resistance Zone, we are waiting for a consolidation like a continuation pattern to place long entries here. The main target would be the Broken Daily Trendline. DAILY CHART ANALYSIS:
After analysis i can say we will haveve much more bigger DOWN trend. CHF showing elf like one of strongest valuts today, he is gain some power from CAD rate cut, CPI results yestarday are be positive for CHF. On NZD today we can see he losing power, my opinion is that trend will going more down. TP1: 0.62110 ENTRY: 0.62360+- SL: 0.62750 Chart time frame - 1D...
This is my second attempt at analysis as the first one went well if you check my previous chart. As we can see the chart has been hitting all of the fib retracement levels very nicely so far. As the final candle before the market close shut above the 0.618 fib level @ 62350 it may already be bullish and ready to shoot now but i will await further...
NZDCHF on a weekly uptrend? Let's find out... Above support ingulfing 1 day candle Way tor retrace >> BUY
Fundamentally right now NZDCHF is bearish, but however if things manage to calm down around the world like we have seen this weekend with trump easing off of his trade war, Hong Kong rally being peaceful, and the FED likely to cut rates further should drive up NZDUSD. This in turn allows for RISK OFF moves to allow NZDCHF to move further up as well. However, if...
Trend is overall downward, will put in a short trade back to support. Take profit: 0.6230 Stop Loss: 0.6291
Price opened below daily and weekly pivots. Volume confirms short position. Target yearly pivot support S1. From my pivot calculations I expect AUD and NZD pairs are going to drop about 180 pips. All major USDXXX pairs are at very crucial level - yearly pivot but volume pressure is heavily bearish and I see USDCHF is piercing down through yearly pivot but I will...
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Hi all! AyadTrade this is my look on the h4 chart! give it a chanse ! leave a like for more signals!
Timeframe: Daily Direction: Down Looking for a short as noted in the chart. Im keeping my stop tight and above the broken trend line
Timeframe: Daily Direction: Up Price is trading above previous resistance. Look for longs to the 0.6732 (0.618 level). Free Telegram (trading ideas and education): t.me/forex_ideas
If you look at this pair on an hourly or 4hr chart you'll see we are in a steady uptrend. I do believe the trend is starting to get weaker. Usually at the end of a trend there is a big climactic move before it reverses. I'm looking to buy potentially that climactic move up here before the buying pressure really slows down and we get a potential drop. I like the...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6593). 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 uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6593). 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 uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support....