NZDCHF: Price Action & Swing Analysis
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDCHF pair price action which suggests a high likelihood of a coming move up.
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NZDCHF trade ideas
Proposed short NZDCHFMy chart shows exactly what I am thinking.
This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Short term sell Switzerland's currency is strong based on macroeconomic data.But the trend shows that a significant amount has been exhausted.
Major economic indicators
1 GDP growth rate CHF
2 Unemployment CHF
3 Inflation NZD
4 Interest rate NZD
5 Manufacturing PMI CHF
6 Consumer spending N&C
7 consumer confidence NZD
8 Retail sales MoM CHF
9 Retail sales YoY CHF
10 Wages N&C
11 Trade balance CHF
12 Services PMI CHF
NZD-CHF Head And Shoulders Pattern And Breakout! Sell!
Hello,Traders!
NZD-CHF has established
A head and shoulders pattern
And now we are seeing a
Long-awaited bearish breakout
Of the neckline around 0.5191
So we are now bearish biased
And we will be expecting a
Further move down
Sell!
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NZDCHF Set To Grow! BUY!
My dear friends,
My technical analysis for NZDCHF is below:
The market is trading on 0.5199 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5217
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
NZDCHF SHORTMarket structure Bearish on HTFs 30
Entry at Daily and Weekly AOi
Weekly rejection at AOi
Daily Rejection at AOi
Around Psychological Level 0.52500
H4 EMA retest
H4 Candlestick rejection
Levels 5.2
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
Heading into pullback resistance?NZD/CHF is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support which has been identified as a pullback support.
Pivot: 0.52173
1st Support: 0.51779
1st Resistance: 0.52448
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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NZDCHF Will Go Up! Buy!
Please, check our technical outlook for NZDCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.523.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.536 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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NZD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are now examining the NZD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.524 level.
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possible NZDCHF breakout looking from the 4 hour time frame we can see that the market has been in a state of consolidation retesting major level of resistance 0.52620 4 times, the current upside push is currently retesting previous level of resistance from a higher high, if you look at it on the 1hr or 30 min time frame the rejections on all these levels are very clear. Giving me the optimism of a continuous push to the upside, eventually break out of this consolidation phase