Nzdchflong
Is it good time to go long NZD? If you believe in "Phase one" and looking to buy NZD in my opinion you should consider to buy it against CHF. TP1 0.6530 area, target 0.6650. Start watching closely with the move below Sep 2018 lows around 0.6300. I'm trying to sell CHF for a while(linked ideas). Share you thoughts in comments below
NZDCHF LONGNZD has shown strength recently resulted in a bouce off the upward trendline (and in total 3 times). SL has been placed under both this structure and the horizontal support.
Price is moving upwards in the medium term. Expecting price to eventually meet the longer term downward Trendline...
Looking for a Long (Buy) trade.
Will have to wait and see how this continuation forms over the next few hours.
NZDCHF potential reversal!
NZDCHF expected to rise up to 1st resistance at 0.64278 where it could potentially react off and drop down to 1st support at 0.63785.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
NZDCHF to climb from upside confirmation, potential bounce!
NZDCHF to climb from its upside confirmation at 0.63968 where it could potentially bounce further to 0.64278.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCHF approaching resistance, look out for potential reversal!
NZDCHF is approaching its resistance at 0.64458 where it is could reverse down to its support at 0.63818.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Pending LONG NZDCHFThis trade is the same idea as NZDJPY long
but just an alternative for JPY SHORT
We still like NZD as
The sudden shift of RBNZ from dove to hawk
better economic picture recently - but cautious that we will see new GDP this week and that can shift the whole sentiment, only rade it if you're okay with this risk
risk on sentiment surrounding with U.S & China potential deal
Christmas Rally for global market positive sentiment
NZDCHF approaching support, potential for a bounce!
NZDCHF is expected to drop to 1st support at 0.64683 where it could potentially react off and up to 1st resistance at 0.64683.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.