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SWISS FRANC / NEW ZEALAND DOLLAR

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CHFNZD trade ideas

NZD CHF BuyThe New Zealand Dollar (NZD) is generally considered a higher yielding currency. It is dependent on the export of agricultural and other resources. New Zealand's strong economic performance and rising commodity prices often lead to increased demand for the NZD. If the economic data from New Zealand is positive, this could have a positive effect on the currency. However, the Swiss franc (CHF) is known as a "safe haven currency," which investors seek in times of economic instability. If there is stability in the global economy, the CHF could weaken as capital shifts to higher yielding assets, including the NZD.
Long
by ForexCompany
1
NZDCHF Channel Down and Head and Shoulders driving it much lowerThe NZDCHF pair gave us a spot on buy signal last time we looked into it (August 23, see chart below) that easily hit the target and immediately after started a correction that broke the Channel Up to the downside: What has emerged from that top is a Channel Down pattern, which made yesterday a new Lower High on the 1D MA50 (blue trend-line). That's not all however. As you can see, this Lower High can technically be the Right Shoulder of a Head and Shoulders (H&S) pattern, which makes the trend even more bearish. The 1st Bearish Leg of the Channel Down reached a -4.55% decline, so another such Leg would price a Lower Low at 0.50255. This happens to be just above the 2.0 Fibonacci extension, which is a standard target for H&S patterns. Our Target is marginally above both at 0.50500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
NZDCHF Testing Mean ReversionOk, just now I exited the sell trade for NZDCHF testing of mean reversion. However, I quickly realised that price doesn't necessarily respect the 60SMA. And when price does make an oversold or overbought, and that price is moving in a certain direction based on evidence ie. higher high higher low, in this instance, then, we should take that into serious account instead of trying to go against the grain. I think that this is just like business, you cannot stick to something when it is not working, and you know it is not working and you know that it is not something you can operate even if it turns out to be profitable. Ni bu ke yi resistant, ni resistant yi ding hui bei tao tai. - Ryan(R U Okay!? on WahBanana CEO episode) You cannot be resistant, once you be resistant, you get disqualified.
Long
by ProfessionalDuckHunter
Mean Reversion Trading NZDCHF Swing SellMean Reversion. WHen price goes in one direction for too far or long, it will tend to collapse back to the average price. Stochastics 20,1,1 shows overbought, Price is tanking, I entered on a sell market. I think this has to be a swing trade where one cannot be greedy. I think that the forex market isn't like the stock market where it can continue trending, one of the reasons being due to inflation, where price will always get more expensive for goods, services, and stocks also (since it deals with goods and services as its core.) Unless if something major that shakes a country and keeps going, such as JPY negative interest rate for years, otherwise it is rare to see price keep on running and seeing no end. On the other hand, products such as commodities, or metals like gold and stocks and maybe REITs (I am not familiar with REITs but with some common sense, I think that landlords would only want to keep on increasing the rent prices to pad their pockets, such as in Singapore where the price isn't controlled and rental prices can shoot up, and even if the units are not rented out FOR YEARS, the property owner doesn't care and am not affected, one of the reason being they are holding onto land deed which property prices Singaporeans call as supply and demand, but the demand is just as artificial as labubu sales due to influx of rich foreigners buying into government housing in Singapore.) Anyway, country and country will definitely have a push and pull effect, don't expect prices to keep going for no rhythm or reason. The stock market is there for a reason if you wanna go for a no rhythm and no reason trending market.
Long
by ProfessionalDuckHunter
NZDCHF LONG Market structure Bulliish on HTFs DH Entry at Daily AOi Weekly Rejection at AOi Daily Rejection At AOi Potential Head and shoulder Pattern on the Daily Previous Daily Structure Point H4 Candlestick rejection Potential Head and shoulder Pattern on the 4-hour Retest of the trendline Rejection from Previous structure Levels 6.48 Entry 80% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is King
Long
by mobbie_zw
Bearish drop?NZD/CHF has reacted off the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 0.52043 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 0.52407 Why we like it: There is a pullback resistance level that6 aligns with the 78.6% Fibonacci retracement. Take profit: 0.51551 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
1
NZD/CHF: PAT + VPA 11/03/2024Good morning, On this date, March 11, 2024, I will be conducting an analysis of the NZD/CHF currency pair. Daily (1D): The daily timeframe has exhibited a bearish trend, initiating a downward movement from May 28, 2024, to August 5, 2024. During this period, the price encountered support at 0.494, subsequently rallying to 0.536. It is important to highlight that 0.536 represents the last swing low that was breached on the weekly chart. The price faced significant resistance at approximately 0.536 and subsequently tested the daily swing low at 0.519. Following this, the price entered a consolidation phase between 0.519 and 0.526, which persisted for 16 days before breaking below the daily swing low of 0.519. The weekly and monthly moving averages (7EMA & 21EMA on the daily timeframe) indicate a sustained bearish trend. Presently, the support level is situated at 0.494. I anticipate that the price will trend towards 0.494 in the coming weeks. I will be actively seeking trading opportunities targeting 0.494. ThePipAssassin
by ThePipAssassin
3
NZDCHF Update: Support Broken—Bearish Momentum Activated NZDCHF has broken through the key support level, signaling potential downside ahead. With this move, I'm standing with the bears for now. I'll be watching to see if this level turns into resistance on a retest, which could confirm further bearish momentum. Staying cautious and managing risk is essential, but things are looking promising for short positions. Are you on the same side, or do you see a reversal coming soon? Drop your thoughts below!
Short
by KinkiHuang
3
NZDCHF: Possible Head & Shoulders Pattern Forming?NZDCHF is approaching a key support level. If this support holds, there’s a chance we could see a head and shoulders pattern take shape. It’s still early, so I’ll be watching closely for how price reacts at this level. If the pattern completes, it could present a solid opportunity for a sell setup. Patience is key—let’s wait for the confirmation! What’s your view? Do you think we’ll see the pattern form? Share your thoughts below!
by KinkiHuang
1