NZDCHFExpecting price to move down on this pair, a break above the yellow resistance zone invalidates the analysis.
Trade with care.
Nzdchfanalysis
NZDCHF short trade ideas.NZDCHF is heading down after bouncing off of the descending trendline and there are multiple ways to get involved A) which is more likely to happen and it would be also better to see the trend continuation or B) in case the price fail to push lower and comes back to test the higher resistance.
NZDCHF TO GO SHORT OR LONGLOOKING FOR THE PAIR TO GO SHORT AFTER TESTING THE RESISTANCE OR BREAK THE RESISTANCE TO GO LONG.
NZD/CHF - 100 Pips+ DropNZD/CHF has broken under the 50 ema on the 4H chart. As long as the 50 EMA holds as resistance, the push further below is active.
Wait for the close of the candle on the 8H chart. No trade has been opened yet. This is only an idea and expectation of what can happen. Therefore, we must wait until we have a good signal and confirmation.
That would be to open your position on Sunday EST time or Monday as it confirms its direction.
Trade safe.
NZDCHF: Long-Term Short Trend NZDCHF
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Price action at Strong Resistance Trendline (Since Jan 2015)
- Price action at 61% Fibo retracement levels
- Gap between 8EMA and 50EMA too wide
- Stochastic Overbought momentum
Suggested Trade:
Entry @ Area of Interest 0.6825 - 0.6925
SL: 0.6998
TP: 0.6453
RR: Approx. 3.42 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
NZDCH REVERSAL JOIN INEXPECTING NZDCHF TO REVERSE BEFORE WE CONTINUE UPWARDS SO JUMP IN
See previous analysis
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
NZDCHF, H1 Bearish pattern confirmedBearish pattern confirmed
Action: sell
Tp1: 0.6471
Tp2: 0.6448
SL: 0.6522
Wait the right price action as entry key.
NZDCHF WATCHOUTON THIS PAIR NZDCHF, I AM EXPECTING THIS TO MAKE SOME RAPID MOVED BACK UP IN THE NEXT WEEK OR SO.
SEE ON SCREEN INTRUCTION
PLEASE LIKE, FOLLOW AND COMMENT
:)
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.
NZDCHF selling timeGood time to sell NZDCHF, it looks like forming "the last kiss breakeout". R/R is about 4/1.
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!
Waiting for pullback NZDCHF.Nice breakout of this strong support.
Now we have to wait for a pull back.
Set SELL LIMIT at 0.66500
SL 0.67300
TP1 0.65500
TP2 0.64900
NZD/CHF Has shown a signal for BuyNZD/CHF is near 7 months Low
Price broke key level 0.6708 on H1 chart and H1 close upper that level. It is a good place for open market order.
R:R is 1:6.
Open buy near: 0.6708
S/L: 0.6680
T/P: 0.6946
P.S. Always use S/L and proper risk management because some time price can't be predictable.
View On NZDCHF (11/05/2018)High volume appear. If price can close above 0.6987 level, It can move up to 0.71 level.
***Market analysis by BenelliFX***
NZD/CHF longLooking for longs on nzd/chf too. Looks like I am going to trade only NZD next week. Lets see how it plays out. Waiting for a small pullback doe...
Sell NZDCHF on H&S Chart Pattern & Bearish Engulfing CandleThis 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.
NZD/CHF 1H Chart: Channel UpNZD/CHF 1H Chart: Channel Up
The New Zealand Dollar is trading against the Swiss Franc in a two day long ascending channel.
Formation of the pattern represents a rebound of the currency exchange rate from the bottom trend-line of a preceding descending channel.
By the moment, the channel consists of four confirmation points, which means that it has already reached maturity.
Basically, the pattern might cease to exist already by the end of the day.
Its vertical and narrow structure makes it very sensitive to various barriers, such as the 200-hour SMA near 0.7115.
On an upcoming turn around also point out a number of technical indicators, suggesting the pair is overbought.
However, if the rate manages to bypass this resistance level, it will face no other obstacles, including fundamental data releases, up until the monthly PP at 0.7172.
