NZDCHF ShortForecasting NZDCHF to go down.
CHF Index is Bullish
NZD Index is Bearish
COT report is showing a bullish CHF and a bearish NZD.
Technical Analysis is show a beautiful distrubtion (wyckoff) in 1hour in the daily POI.
CHFNZD trade ideas
NZDCHF: TECHNICAL ANALYSIS.Hello traders,
Wave 5 is supposed to end at 0.51899-0.51570 zone. Then ABC Correction is supposed to
materialise towards the resistance zone at 0.62230.
Thanks.
LongI posted this mark up a few weeks back and explained why I will be taking the long. Since all movements labeled and listed clearly this will have the be the most explanatory chart I have uploaded.
⏳NZDCHF BEARISH 🐳OANDA:NZDCHF
We have Got a reversal in motion plus increasing Momentum
_ ⚠️But you must wait for the correction to end appear a candelstick pattern plus volume to rise
NZDCHF Potential W-H4 Short SetupPrice is currently in weekly FVG/IRL
Watching for strong H4 market structure shift with displacement to the downside.
Will target weekly lows marked on chart (ERL).
NZDCHF Set To Fall! SELL!
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5281 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5251
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
✅NZD_CHF GROWTH AHEAD|LONG🚀
✅NZD_CHF broke out of the
Narrowing wedge and the
Breakout is confirmed
So I think that we will
See a further move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
RR=2 swing long ideaPrice at strong support + bullish butterfly pattern + Strong RSI divergence + Five elliot bearish impulsive waves count ; we might be at the formation of the first leg of corrective waves
PS never risk more than 2% of your capital per trade
NZDCHF Analysisprice is at a strong point wait for a break then wait for a retracement on the resistence area then price may go bullish.
NZDCHF SHORTSince breaking through the topside of a descending trend channel early last week, NZD/CHF has traded in a 0.52540 – 0.52190 range. These 2 levels may provide support and resistance respectively.
The pair has found very difficult to break the 0.52540 area, so I believe we do have a strong resistance here.
He have a chance to grab an easy 50 PIPs with this trade.
Feel free to use this trade yourself.
Don't forget to follow my profile so you don't miss any trading ideas.
Good luck !
NZDCHF Long Term Buying Trading IdeaHello Traders
In This Chart NZDCHF HOURLY Forex Forecast By FOREX PLANET
today NZDCHF analysis 👆
🟢This Chart includes_ (NZDCHF market update)
🟢What is The Next Opportunity on NZDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NzdChf H1 BuyTrend analysis
- Higher high have broken, confirmation price will uptrend
- Buy at Strong Demand Base and Strong Support
Let's see...
Give your Stop Loss with good money management AT CORRELATION PAIR
NZDCHF : Long Trade , 1hHello traders, we want to check the NZDCHF chart. The price has broken the descending channel to the top and pulled back to the key level indicated. We expect this level to maintain the upward price trend and cause further price increases. If the price increases, we expect the price to grow to around 0.52600. Good luck.
NZDCHFTheir is a break and retest of the channel to the downside which implies that sellers are in position and are ready to drag the pair lower
The question is will they be able to sustain the energy?
NZD/CHF will make bearish pattern.NZD/CHF will make AB=CD pattern if the bullish divergence will formed on PRZ .Currently we are long n the pair as it breakouts above point B.
NZDCHF-BullishCUP&HANDLE Pattern
Buy Stop Entry
SL: 0.5215
EP: 0.5241
TP01: 0.5267
TP02: 0.5293
RISK 1 %
LOT: 0.24
NZDCHF-bias short Bearish indications:
Double top formation.
bearish divergence.
trend line support broken.
Overall down trend in higher time frame and currently at lower high in small time frame.
Shooting star candle and bearish engulfer candle from the resistance.
Resistance is respected and not made a new high.
Trade plan bias short @ limit order 0.52288
SL:0.52409
TP1:0.52172
TP2:0.52121
nzdchf buy Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NZD/CHF: Unraveling the Impact of Economic Data and...NZD/CHF: Unraveling the Impact of Economic Data and Central Bank Actions
In the vast world of forex trading, where the global economy is dissected into pairs of currencies, the NZD/CHF pair has recently captured the attention of market observers due to its intriguing and somewhat perplexing trajectory. The pair, which involves the New Zealand Dollar (NZD) and the Swiss Franc (CHF), has been on a downward spiral, defying conventional expectations and leaving traders scratching their heads.
A central piece of this enigmatic puzzle lies in New Zealand's steadfast commitment to maintaining its monetary status quo. In the last week, the island nation decided to buck the trend of monetary policy adjustments that have become a norm across various economies. The Reserve Bank of New Zealand (RBNZ) chose to keep its interest rates static at 5.5%, a decision that was echoed by the anticipations of the market. This alignment of expectations, rather than offering stability, triggered a subtle weakening of the NZD/CHF pair.
But there's more to this story. The Producer Price Index (PPI) - Output data threw an unexpected curveball, revealing a mere 0.2% growth in the economy during the second quarter. This figure fell drastically short of the optimistic 0.7% projection. This unexpected hiccup proved detrimental to the Kiwi, as its value against the resilient Swiss Franc dwindled further. This disparity between projections and reality underscored the complexity of economic forecasting and the vulnerability of currency pairs to unforeseen shifts.
Yet, the narrative doesn't solely revolve around New Zealand's internal dynamics. Market observers are turning their gaze across the ocean, as the United States prepares to release crucial economic indicators. Home Sales figures and the preliminary S&P Global PMI surveys for August are set to take the stage. These releases have the potential to send ripples across the forex landscape, including the NZD/CHF pair.
Perhaps the most anticipated event is the speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium. Powell's words hold the power to reshape market sentiment and provide fresh insights into the overarching economic outlook of the United States. Investors are keen to decipher his words and discern any hints of future monetary policy adjustments. The impact of Powell's speech on the NZD/CHF pair is poised to be significant, as it could sway traders to reevaluate their positions and strategies.
As the NZD/CHF pair continues its downward trajectory, it serves as a reminder of the intricate interplay between economic indicators, market sentiment, and central bank decisions. The market's response to New Zealand's unchanging interest rates, the surprise of the PPI data, and the upcoming US data releases underscores the volatility inherent in forex trading. Traders, analysts, and investors are left with the task of deciphering these multifaceted signals, striving to uncover hidden opportunities within the ever-fluctuating world of currency pairs.
TurnAround Point : 0.52400
Our preference
The downside prevails as long as 0.52400 is resistance.
ABC Correction Waiting to ride the ABC correction. This should be in the next coming week however if wave 5 is longer than 3 it'll invalidate my mark up completely.
NZDCHF BUYThis market has been slow for reversal since this week and could this be the first sign of BULL?, let's see how this will play out today
