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Nzdchfshort

NZDCHF *WATCH OUT FOR THIS AUGUST* (BEARISH) (SHORT)PREVIOUS LOW SUPPORT = 0.65517 (HELD FROM 29/MAY/2019) LOWEST LOW SUPPORT = 0.65332 (FROM 23/MAY/2019) With JP Morgan Vice President Of Global currency (Paul Meggyessi) has said "that in a recession, the NZ Dollar will be the worst performing major currency". He also stated that "the New Zealand Dollar lose and average, 7%-8% of it value. Looking at the table (chart) the bearish momentum started @0.68079 on the 30/apr/2019. It dropped 4.02% to its lowest support @0.65332 (23/may/2019). The NZD/CHF has broken the support @0.65517, if it breaks the support @0.65332. There could possibly be roughly another 3% of bearish momentum. Tha last time is reached these levels were in ..... 25/AUG/2015 02/AUG/2011 these are all on the August month with a spacing of 4 years showing that there is a high possibilty there is more bearish movement to come and fast.
Short
by lukeconder
NZD/CHF DAILY TIMEFRAME SHORTNZD/CHF currency pair is moving in a gradual downtrend, making lower highs and lower lows. We can expect price to make a corrective structure and creep higher towards the 0.6700 area, before reversing and continuing with the current trend. We will wait for price to blow of some steam and slow down before we consider any shorting opportunities. Prices can also move closer towards the trendline, before resuming the downward trend. Always follow price and don't try to be a wizard. If wizards exist, then i am certainly not one of them.
Short
by munyaelliott
2
Possible NZD/CHF short position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-2 Days Actions on - A – Activating Event Market will meet resistance in zone @0.6805 - .... and fall to the 0.673. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.673 FX:NZDCHF Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 0.673 Target 2 @ .... Risk/Reward @ 4.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
Possible NZD/CHF Short Position!!SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1 - 2 days Actions on - A – Activating Event Market will meet resistance in zone @0.681 - .... and fall to the 0.674. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 0.674 FX:NZDCHF Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 0.674 Target 2 @ .... Risk/Reward @ 3.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
NZDCHF approaching resitance, potential drop!NZDCHF is approaching our first resistance at 0.6947 (horizontal swing high resistance, 100% extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.6825 (100% Fibonacci extension, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by easyMarkets
NZDCHF approaching resitance, potential drop!NZDCHF is approaching our first resistance at 0.6947 (horizontal swing high resistance, 78.6% fibonacci retracement, 100% extension) where a strong drop might occur below this level pushing price down to our major support at 0.6825 (horizontal swing low support). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by easyMarkets
NZDCHF SHORT-TERM DECLINE AND LONG TERM ADVANCE EW ANALYSISHi traders, The daily chart of NZDCHF shows that the uptrend from Sep. to Dec., 2018 is a textbook five-wave impulse pattern, labeled 1-2-3-4-5 of (A). According to Elliot Wave theory, a three-wave correction in the opposite direction follows every impulse. . So far, we have seen a five-wave impulse in A of (B) and double three combination (w-x-y) in B of (B). If this count is correct, wave A-B of (B) is completed and we can expect a short-term decline in wave C of (B) before the main trend resume in wave (C). . Targets below 0.65164 support are plausible in wave C of (B). . Thanks for reading! Veejahbee.
Short
by Veejahbee
#NZDCHF Analysis+SignalsThe nzdchf is currently in a technical format known as technical analysis called Double Top, What Is a Double Top? A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs, What Does A Double Top Tell You? A double top is a bearish technical reversal pattern. Sell NZDCHF Entry Price: 0.6909 Stop Loss: 0.6965 Take Profit: 0.6780
Short
by xosignals
NZDCHF 1:3 Risk Reward SHORTNZDCHF SHORT Wait for certain conditions before a possible entry: - Congestion - Short Candle formations - Fundamentals to continue being in favor for a short CHF - Major holder of gold - Uncertain economic situation causes investors to buy gold through brexit, trade war and EU debt crisis - This appreciates the CHF NZD - "NZ trade deficit hits $791m in Jan - double expected figure" - "Higher living standards, slower economy: Expert's take on CGT" - "Economy Hub: Business gloom getting worse - new EMA chief" Message me to see how i get the fundamental scores! NZDUSD typo my bad! Meant to put NZDCHF
Short
by Eren_Jaeger_Trader
3
NZDCHF approaching resistance, potential drop! NZDCHF is approaching our first resistance at 0.6947 (horizontal swing high resistance, 100% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.6779 (horizontal swing low support, 38.2% fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill