The pair is trading on a major 1W Channel Down (RSI = 35.456, MACD = -0.012, Highs/Lows = -0.0100) that is approaching the Lower Low trend line following a rejection on the 1D MA50 on the median of the Channel. This has 0.60800 as the immediate target. There are two scenarios that arise both bearish on the long term. Either a break below the major Channel Down...
It looks like it is time to go long. We have increasing bullish volume, we're making higher lows and higher highs and starting to form an upwards trendline. Going long to the indicated resistance line.
Analysis team placed short on USDCHF @0.9902 with 2 intra day targets on 23rd September, 2019: TP1 @0.9889 Tp2 @0.9868
After analysis i can say we will see more bearish market. NZD is start losing power, CHF the strongest currency ENTRY: 0.62200+- TP1: 0.61900 SL: 0.62600 Chart time frame - 1D Time for reaching TP - 8 - 72 hours More information soon! Follow, Like, Share or Comment Thanks on supporting! All best!
... IF PRICE BREAKS AND RETESTS THE 0.62300 LEVEL, I WILL BE LOOKING FOR A 65 PIP DECLINE
NZDCHF rejected our daily support zone. We also have a bullish rsi divergence, which is a bullish sign. EMA is serving also at support at the moment.
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !
CHF is today gain power on opening of markets from oil event (plant atack), we can expect much more bigger down trend. NZD is the weakest currency. TP1: 0.62600 ENTRY: 0.62900+- SL: 0.63460 Chart time frame - 1D Time for reaching TP - 8 - 72 hours More information soon! Follow, Like, Share or Comment Thanks on supporting! All best!
NZDCHF Puede reaccionar en la zona o hacer doble suelo y romper arriba
FX:NZDCHF - Price moved bearish and the corrected in a flat manner before breaking bearish again. Price is showing potential to hold on the support i have marked and then retrace at least 50% of the bearish move from when it broke from the flat correction before falling again. Entry - Grey line Take profit - Green line Stop loss - Red line Risk to reward - 1:2
Analysis team placed short on AUDCHF @0.6797 wit 2 intra day targets on 17th September, 2019: TP1 @0.6777 TP2 @0.6747
Possible Bearish Continuation on FX:NZDCHF approaching an EMA Cross
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !