Nzdchflong
NZD/CHF : Low risk , Big Reward TradeWe Can Sell at Current Price , Looking One More drop in downside Move.
use 1% Risk of Your Cap
Good Luck
NZDCHF ready to breakoutcontinuation pattern forming, looking to break out of the resisting trendline
Is it good time to go long NZD? If you believe in "Phase one" and looking to buy NZD in my opinion you should consider to buy it against CHF. TP1 0.6530 area, target 0.6650. Start watching closely with the move below Sep 2018 lows around 0.6300. I'm trying to sell CHF for a while(linked ideas). Share you thoughts in comments below
FURTHER BEARISH POTENTIAL ON NZDCHF Price is showing the potential to re-test the marked level before advancing lower to our marked take profit levels.
NZDCHF LONGNZD has shown strength recently resulted in a bouce off the upward trendline (and in total 3 times). SL has been placed under both this structure and the horizontal support.
Price is moving upwards in the medium term. Expecting price to eventually meet the longer term downward Trendline...
Looking for a Long (Buy) trade.
Will have to wait and see how this continuation forms over the next few hours.
NZDCHF potential reversal!
NZDCHF expected to rise up to 1st resistance at 0.64278 where it could potentially react off and drop down to 1st support at 0.63785.
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NZDCHF to climb from upside confirmation, potential bounce!
NZDCHF to climb from its upside confirmation at 0.63968 where it could potentially bounce further to 0.64278.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCHF continues a bullish trendNZDCHF formed a strong bullish hammerlike candle yesterday on a daily chart. It could be a strong sign that the retracement period is over and bullish trend is to continue.
50 Point Channel TradeNot being greedy on this one as it looks a bit risky. Target is 50 points with a stop loss at 17.5 points.
Alternatively it might breakout of the current trendline and drop but on the 1H chart the RSI has turned and it looks to be bouncing off the lower trendline.
NZDCHF approaching resistance, look out for potential reversal!
NZDCHF is approaching its resistance at 0.64458 where it is could reverse down to its support at 0.63818.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCHF On Support, Potential Upside Move.NZDCHF Trading Plan >H1
Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
NZDCHF bounced from support, potential for a further rise!
NZDCHF bounced off 0.64647 where it could potentially rise further to 0.65020.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Pending LONG NZDCHFThis trade is the same idea as NZDJPY long
but just an alternative for JPY SHORT
We still like NZD as
The sudden shift of RBNZ from dove to hawk
better economic picture recently - but cautious that we will see new GDP this week and that can shift the whole sentiment, only rade it if you're okay with this risk
risk on sentiment surrounding with U.S & China potential deal
Christmas Rally for global market positive sentiment
NZDCHF approaching support, potential for a bounce!
NZDCHF is expected to drop to 1st support at 0.64683 where it could potentially react off and up to 1st resistance at 0.64683.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZD/CHF : Buy on Pullback Before Next Impulse NZDCHF Making bullflag , Possible Buy on the Bottom of the Structure .
New Zealand dollar breaks resistance against Swiss francThe New Zealand dollar has broken above significant resistance in the form of multiple shooting stars in the NZD/CHF pair. This is a clear “risk on” type of trade, and this was given a bit more of a boost as the United States had reported better than anticipated jobs figures, and this of course suggests that the traders out there willing to take on a little bit more risk as they by currency such as the New Zealand dollar. Looking at this pair, the Swiss franc is considered to be “a safety currency”, so that of course will lose value when people are willing to take risk.
Underneath, there should be plenty of support at the top of the shooting stars, as denoted on the chart. Ultimately, this is a “backdoor” way of playing the US/China trade situation. At this point, the market is clearly above the 200 day EMA as well and is taking out the 0.65 level as I write this. Ultimately, this is a market that should continue go much higher, and pullback should continue to offer plenty of value. With this, pay attention to the US/China trade situation, stock markets around the world, and perhaps even gold as they all give you a “heads up” as to how the markets will behave, and whether or not people are willing to step in and take advantage of what looks to be a huge move forward. The New Zealand dollar has been rather strong for some time, and therefore it’s likely that the New Zealand dollar will continue to weigh it has been going. In fact, one thing that should pay attention to is that the candle for the day is impulsive, and the uptrend before has been very choppy and more of a grind. It now looks as if we are going into another leg higher.
