Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6125). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
NZDCHF rebounded from major uptrendline with bullish movement Pair is based above demand zone at level 0.6040 Price broke corrective downtrendline MACD shows start of bullish momentum RSI rebounded from oversold region It's expected for the continuation of bullish momentum to first target key level at 0.6170 then finally target supply zone at level 0.6300
we will enter the Market little bit late , but its okey i was waiting for a good confirmation . Good Luck
price at resistance daily close is good confirmation. we will try to take the retest of this support.
similar to the NZDCAD trade idea (link attached below!) I see a bullish structure on this pair, we should wait for the price to breakout and test the 0.615 (potential) support level before placing any buy order. Plan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc -->...
These are the two likeliest scenarios which I find plausible. My bias is that we will rally back up to forma. double top formation, slightly exceed the high before dropping but we could see bears come into the market from the word go.
Similar to NZDUSD, a further drop down looks more likely this next week. Our Sell signal is still present, we are visually rejecting the EMA and moving to the downside. Lets see how the next week pans out - we trade what we see and not what we think. Regards Darren
This pair has had it rough... gonna drop again before rising NZDCHF - SELL SL - 0.61548 TP - 0.59985
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hello Traders, here is my analysis for NZDCHF. Let me know if guys have any question in comments. If you like my analysis please hit like. Thanks.
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...