NZD/CHF Daily AnalysisPrice has been finding daily support at 0.5157 since November.
At the end of the first week in December, we finally saw price close below the level in convincing style.
The next level of daily support lies at 0.5054 which we last saw price bounce at in August.
Look for corrections and sell setups if you agree with this analysis.
CHFNZD trade ideas
NZDCHF LONGMarket structure Bullish on HTFs DH
Entry at both Daily and Weekly AOi
Weekly Rejection At AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 0.52000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.88
Entry 100%
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NZD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so NZD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.521.
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NZDCHF - SELLNZDCHF Trade Idea: Bearish Bias
Summary:
This setup strongly indicates a sell bias for NZDCHF, with exogenous and endogenous factors heavily favoring CHF. Technical analysis supports this bearish outlook.
Key Points:
Seasonality: Both NZD and CHF exhibit bullish seasonal trends, resulting in a neutral impact.
Commitment of Traders (COT): NZD is at the bottom, and CHF is near the bottom. Positioning remains neutral but leans toward CHF strength.
Exogenous Factors:
Balance of Payments (BOP): Negative for NZD, positive for CHF, favoring CHF.
GDP Growth Differential: Negative for NZD, positive for CHF, a bearish indicator for NZDCHF.
Stocks: Negative for NZD, positive for CHF, further supporting CHF strength.
Interest Rates (IR): Negative for NZD, positive for CHF, adding to the bearish bias.
Conditional Scoring:
Positive Factors: NZD: 13, CHF: 4 (Strong CHF dominance).
Negative Factors: NZD: 5, CHF: 5 (Net bearish bias for NZDCHF).
Technical Context:
A bearish wedge breakout on the 4-hour timeframe indicates downward momentum for NZDCHF.
Trade Bias:
Sell NZDCHF, as both fundamental and technical factors strongly favor CHF over NZD.
Risk Disclaimer: Ensure proper risk management, as fundamental factors heavily influence this trade.
NZDCHF: Bullish Wave Still DevelopingNZDCHF: Bullish Wave Still Developing
From our previous analysis, NZDCHF completed a bullish triangle pattern, and the price has already reached the first target. NZD has shown strength lately and continues to advance.
Additionally, the SNB rate decision is expected to cut rates again this month by nearly 20 to 25 basis points. It appears that the market is already anticipating this rate cut, pushing the price further.
More details can be found on the chart.
You may find more details in the chart!
Thank you and Good Luck!
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Previous analysis:
NZDCHF Completes Bullish Triangle PatternNZDCHF Completes Bullish Triangle Pattern
NZDCHF completed a bullish triangle pattern on the 60-minute time frame. This trade is inherently risky, considering that CHF has been strong for a long time. However, it could work well for a short-term trade.
Additionally, after the better-than-expected GDP data from Switzerland, CHF hasn't reacted so far, increasing the chances for NZD to begin a bullish wave.
I am targeting two short-term levels: 0.5222 and 0.5235.
You may find more details in the chart!
Thank you and Good Luck!
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NZDCHF: Bearish Forecast & Outlook
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDCHF chart which, if analyzed properly, clearly points in the downward direction.
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NZDCHF Is Going Down! Sell!
Here is our detailed technical review for NZDCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.520.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.519 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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How To Use Multi-Timeframe AnalysisHey,
In this video, I dive into the methods of multi-timeframe analysis, exploring how to use daily, weekly, and monthly charts alongside intraday charts like the 4-hour to gain a clearer picture of price movement.
Multi-timeframe analysis helps you view the same data through different lenses, allowing you to make predictions across various time horizons.
For example, a weekly trend or a monthly move can appear as a complete trend on lower timeframes.
By integrating these perspectives, you can better understand what price action is indicating and make informed decisions.
Kind regards,
Max
NZD/CHF: Bearish Setup on WatchFor this idea, I’m watching for a potential move lower in NZD/CHF if price maintains below the key resistance levels.
📉 Market Context:
The bearish trend remains intact, with price consistently failing to break higher and forming lower highs.
Key resistance is marked at 0.52233, where the stop-loss is positioned to invalidate the bearish scenario.
Price is currently consolidating just below a minor level at 0.51956, suggesting a potential continuation downward.
Targeting the next support level at 0.51400, a significant area where buyers could potentially step in.
🎯 Plan:
Entry: Looking for bearish momentum to hold below 0.51956.
Target: 0.51400, the next significant support zone.
Stop-Loss: Set at 0.52233, ensuring proper risk management.
🧠 Psychology Tip: "Clarity builds confidence." 📌 A well-defined plan reduces hesitation and helps you stick to your analysis. Focus on what the chart is telling you, and let the market come to you.
What’s your take on this setup? Let me know your thoughts below! 👇