Hello,Friends! We are going short on the NZD/CHF with the target of 0.538 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for NZDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.541. Considering the today's price action, probabilities will be high to see a movement to 0.540. P.S Overbought describes a period of time where there has...
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.
Hello,Traders! NZD-CHF was going up But has almost reached A horizontal resistance Level of 0.5433 and after The retest we will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear friends, Please, find my technical outlook for NZDCHF below: The instrument tests an important psychological level 0.5401 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5393 About Used Indicators: Super-trend indicator...
I really dont trade crosses at all, but when I see a pullback cooking I take it. On NZDCHF I see a potential buy opportunity from 0.5350 targeting highs of 0.54160 Use proper risk amanagement and remember the spreads on crosses are high. Cheers
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...
Hello,Friends! It makes sense for us to go short on NZD/CHF right now from the resistance line above with the target of 0.533 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
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.
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy NZDCHF. ❤️ Please, support our work with like & comment! ❤️
Moving Average: With the Daily MA With the H4 pointing upwards Pattern: Deep Crab Pattern Strong Support at 0.5410- 0.5425 25 pip stop loss. 40 pip target The only danger is there is a DT on H4 with divergence.
NZDCAD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
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.
NZDCHF / 1D Hello traders, welcome back to another market breakdown. NZDCHF pair has been trading in a Bearish trend, However, the price is showing evidence of a reversal around Key Yearly Low. Which might lead to more higher prices to see. I'll look to get on lower prices after getting the LTF confirmation in the next Pull-back phase. Trade safely, Trader Leo
Hello,Friends! We are going short on the NZD/CHF with the target of 0.538 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Moving Average: Against Daily MA H4 pointing upwards Pattern: AB=CD pattern Strong resistance at 0.5430- 0.5440 30 pip stop loss. 70 pip target This is a counter trend. H4 is OB and Double Top. We will exit this trade quickly upon M15 OS situation
✅NZD_CHF is about to retest a key structure level of 0.5440 Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a...
FX:NZDCHF BUY position can be taken in the specified area There is no position before the area