NZDCHF ____ INCOMING BULLISH RALLYHello Guys,
Just like my CADCHF analysis (inserted below), NZDCHF has been dumping like forever but last week, it printed a CHOCH on the daily timeframe. It only makes sense that this pair retraces even though it might want to continue the bearish move. But for now, I speculate that we might see a bullish rally.
Also note that this pair is trading at the extreme price point, so it is only expected that at some point, there will be exhaustion in the bearish price movement for the bulls to enter.
I will be waiting to see a CHOCH on the 1hour timeframe before going long
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See the CADCHF analysis below
CADCHF ANALYSIS
Cheers,
Jabari
NZDCHF
NZDCHF ____ INCOMING BEARISH MOVEHello traders,
Price has rallied into a weekly order block and has just swept the previous high (buy-side liquidity). My speculation is that the price will rally to an unmitigated OB which I marked out with the horizontal ray.
For now, I'd be monitoring the 1-hour timeframe for a CHOCH of character to go short.
See my profile for more analysis.
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Cheers,
Jabari
NZDCHF Is Going Down! Sell!
Here is our detailed technical review for NZDCHF.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.533.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.531 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NZDCHF Trading Opportunity! SELL!
My dear followers,
This is my opinion on the NZDCHF next move:
The asset is approaching an important pivot point 0.5324
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.5293
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
NZDCHF Is Very Bearish! Sell!
Take a look at our analysis for NZDCHF.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.529.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.525 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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NZDCHF: Bearish Continuation & Short Signal
NZDCHF
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short NZDCHF
Entry - 0.5295
Sl - 0.5317
Tp - 0.5254
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCHF H4 | Bouncing off support level?Based on the H4 chart analysis, we can see that the price is falling toward our buy entry at 0.5255, which is a pullback support level.
Our take profit will be at 0.5286, a multi-swing high resistance level. The stop loss will be placed at 0.5214, a multi-swing low level.
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NZDCHF Potential DownsidesHey Traders, in today’s trading session we are monitoring NZDCHF for a selling opportunity around 0.52800 zone, NZDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.52800 support and resistance zone.
Trade safe, Joe.
GBPAUD NZDCHF & GBPNZD - W H4 M15 Setups Shaping upMy favorite setup currently is GBPAUD
Weekly IRL tapped
STRONG H4 market structure shift.
Marked H4 BISI's.
Want to see strong bullish reaction from one of these gaps on M15 to then long.
Target Weekly ERL
Same idea with GBPNZD, although GBPNZD doesn't look as good, as we only wicked the highs (compared to strong close beyond on GBPAUD). For this reason, I'm looking to trade GBPAUD over GBPNZD.
NZDCHF
IRL weekly taken.
Strong H4 bearish market structure shift.
Marked HF SIBI's.
Want to see strong bearish reaction on M15 from the SIBI's.
Target Weekly 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.
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WISH YOU ALL 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 : 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.
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.