Nzdchf1d
NZD/CHF - 100 Pips OpportunityNZD/CHF short potentially coming up. As long as the prices reject under the 4H 50 EMA this move is active.
If prices begins to find support and break the resistance then look for a short term buy back up.
Keeping an eye on this one as to how it will turn out.
Trade safe.
NZD/CHF - Day Trade - Quick 35 PipsNZD/CHF is currently in a strong bearish momentum and is looking for a break further below.
As we can see from the candlesticks on the 4H chart and 1H chart, it hasn't been able to find support.
As it breaks the current price consolidation area, we can see it go down 35 more pips.
This is a quick day trade. Risk no more than 1-2% and wait for enough confirmation.
The move is canceled if a candle on the 4H closes higher than the last 2 candlesticks.
Trade safe.
NZD/CHF - 100 Pips+ Bullish OpportunitySupport on top of 50 EMA seems to have been found after having broken it on the 4H chart.
If prices hold strong on top of the 50 EMA, we can see an upwards break of about 100 pips for the first wave.
Trade safe.
NZDCHF DOUBLE BOTTOM ON WEEKLY SUPPORT - LONG OPPORTUNITYThe price made a Double bottom on the weekly support, broke the 4h downtrend line, broke the consolidation with a strong bullish push. I`m waiting for the price retraction to go long!
Long NZDCHF Longterm Based on 1D Chart H&S FormationI just noticed this beautiful H&S formation on the NZDCHF which completed a few days ago. My stop is at 0.69156
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Short NZDCHF Longterm based on 4H + 1D Charts + FundamentalsStrong downtrend since the start of 2017, making lower highs. Price is locked into a strong downward channel based on the 4H chart
Hidden divergence on the close of the 4H candle at 18:00 on 31st May shows the strong continuation of downward momentum.
We see a possible Bearish Head & Shoulders pattern forming on the 4H chart.
Fundamentals:
The RBNZ disappointed some investors last month by remaining relatively dovish on interest rates despite some stronger local data. New Zealand’s interest rates are at record lows, and the central bank has suggested that monetary policy will remain accommodative for a considerable time based largely on the uncertain global picture. The Kiwi currency is still expected to remain weak with no interest rate hikes expected until early 2019.
The Swiss Franc (CHF), a noted safe-haven currency, continues to get stronger. Rising geopolitical tensions between the US and Russia have seen the Swiss Franc making strong gains, benefitting from an increased demand for safe-haven assets. If the deadlock over the Syrian conflict continues then the Franc could remain on a bullish trend , in spite of the threat of market intervention from the Swiss National Bank (SNB).
A 3.9 percent jump in exports in the three months through March helped push economic growth to 0.3 percent. While that fell short of the 0.5 percent forecast in a Bloomberg survey, it’s still the strongest performance in three quarters.
I will look to short the NZDCHF with my stop loss at the conservative 0.70142 rate.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
NZDCHF A quick flybyIt looks solid long. Cash build up seems to have ended and Magic-T is pointing upwards. Trading currently above all the trend lines and the overall trend is long. There is a potential small profit of a couple of hundred pips, but the risk/reward is fair.
NZDCHF POSSIBLE SCENARIO ! THIS IS THE POSSIBLE SCENARIO IN THE NZDCHF SCENARIO 1D CHART
IF IT BREAKS THE TRENDLINE AND SUPPORT PUT SELL ORDER @ 0.69000 AND TP @ 0.66500
NZDCHF: RSI + MACD + Structure support + falling wedge = LONG YOUR LIKE MATTERS : Give it a like if this has helped you in any way , follow for more ideas and daily updates.
