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Nzdchfshort

NZDCHF - Risky long ✅Hello traders! ‼️ This is my perspective on NZDCHF. Technical analysis: As I said in my previous analysis I look for a short from bearish order block, but as a risky long, I will see price to fill the imbalance lower and then to reject from institutional big figure 0.55000. Fundamental analysis: This week on Thursday we have news on CHF, will be released Interest Rate. Follow the results in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
NZDCHF - Continuation To The Downside!Analysis: This setup to us is ideal. Firstly price is clearly in a downwards trend and there is no doubt about this. We've seen price create a series of lower lows and lower highs which confirms that we are in a downwards trend. Knowing this we are only looking for shorts on this pair. Where price is currently is a very interesting area to us. Why? This area has held as major support in the past and as support recently so we now expect that it will hold as resistance. If you've been trading long enough you'll know that very often support can turn to resistance and resistance can turn into support. For more confluence at this area we have the 50% fib retracement level which we expect sellers will be sat at waiting before pushing price down further. We've also got an downwards trendline which has been beautifully respected multiple time showing us the bullish pressure and momentum on this pair. Fundamentally as well we're pretty neutral. Both the NZD and the CHF have almost the same long to short ratio so there isn't any real bias here until we dig a little further and we can see that the NZD only really had an increase in short positions by institutions whereas the CHF has an increase in both long and short positions by institutions so we actually have a slight bias to the bullish side of the CHF which goes with our idea and wraps up why we are bearish on this pair. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all. Stay Safe - JPI Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Short
by jpeacockfx
30
NZDCHF - Bearish TrendBased on the chart, it appears that there is a bearish trend forming as evidenced by Lower highs (LHs) and lower lows (HLs). Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present. I recommend taking a short trade with a risk/reward ratio of 1:1. Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
Short
by mansooryousafzai
NZDCHF - Short active ✅Hello traders! ‼️ This is my perspective on NZDCHF. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price rejected from bearish order block. My target is sell stop liquidity. Fundamental analysis: Tomorrow will be released Unemployment Rate on NZD, which is forecasted to increase, this means weakness for currency. As well, on Friday will be released monthly CPI on CHF. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
NZDCHF- Bearish Trend - 1H Time Frame Based on the chart, it appears that there is a bearish trend forming as evidenced by Lower highs (LHs) and lower lows (HLs). Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present. With this in mind, we recommend taking a long short with a risk/reward ratio of 1:1 Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
Short
by mansooryousafzai
NZDCHF - Upside for liquidity ✅Hello traders! ‼️ This is my perspective on NZDCHF. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, with clear lower lows and lower highs,but for now I see price to continue the retracement to take buy stop liquidity and to fill the imbalance higher. As well price formed normal divergence which indicates bullish price action. Fundamental analysis: On Thursday will be released quarterly CPI on NZD which was forecasted to increase this means strength of currency and validation of our analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD