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NZD-CHF

NZDCHF facing bullish pressure | 29 Mar 2021Prices are facing bullish pressure from 1st support which is in line with 78.6% fibonacci retracement and horizontal swing low support. Prices might push higher towards 1st resistance which is in line with 161.8% fibonacci retracement and 50% fibonacci retracement and horizontal swing high resistance. If prices fall through 1st support, prices might take support on 2nd support which is in line with 50% fibonacci extension and 127.2% fibonacci retracement . Stochastics is also showing that it is approaching 4.09 level support, potentially experiencing a bounce, in line with our analysis.
Long
by FXCM
NZDCHF facing bullish pressure | 29 Mar 2021Prices are facing bullish pressure from 1st support which is in line with 78.6% fibonacci retracement and horizontal swing low support. Prices might push higher towards 1st resistance which is in line with 161.8% fibonacci retracement and 50% fibonacci retracement and horizontal swing high resistance. If prices fall through 1st support, prices might take support on 2nd support which is in line with 50% fibonacci extension and 127.2% fibonacci retracement. Stochastics is also showing that it is approaching 4.09 level support, potentially experiencing a bounce, in line with our analysis.
Long
by FXCM
2
NZDCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from 1st support which is in line with 78.6% fibonacci retracement and horizontal swing low support. Prices might push higher towards 1st resistance which is in line with 161.8% fibonacci retracement and 50% fibonacci retracement and horizontal swing high resistance. If prices fall through 1st support, prices might take support on 2nd support which is in line with 50% fibonacci extension and 127.2% fibonacci retracement. Stochastics is also showing that it is approaching 4.09 level support, potentially experiencing a bounce, in line with our analysis.
Long
by TradeGATEHub
1
NZDCHF test the 0.382 🦐After our last analysis, NZDCHF moved lower due to a monthly trendline rejection, found a bottom and currently is retracing for a test of the 0.382 level. The market found the resistance over a previous support area and according to PLancton's strategy if the price will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
6
Danske Bank Projections For Next 12 MonthsForeign exchange analysts at Danske Bank expect the US Dollar to gain ground during the year ahead, primarily under the influence of a very strong US economic recovery. After little change on a 1-month view, the Euro-to-Dollar exchange rate ( EUR/USD ) is expected to weaken 0.7% to 1.1800 on a 3-month view. The losses are expected to continue on a 6 and 12-month view with levels of 1.1700 and 1.1500 which represent decline of 1.6% and 3.24% respectively from current levels. The bank also expects steady USD/JPY gains during the forecast period with a sharp upgrade from February’s forecasts. A gain of 1.3% to 110.00 is forecast on a 6-month view with a further advance to 112 on a 12-month view, a gain of 3.2% from the current spot level. Euro Pound Tipped to Retreat Further Sterling is forecast to maintain a solid tone with overall moves influenced strongly by changes in the EUR/USD rate. In this context, the Pound US Dollar ( GBP/USD ) exchange rate is projected to reverse the most recent losses and secure a 1.4% advance to 1. 40 on a 1-month view. Thereafter, the GBP/USD is projected at 1.3900 throughout the 3, 6 and 12-month periods which would represent a 0.7% advance from the current spot rate. With the single currency generally vulnerable, the Euro Pound rate is forecast to post further losses. EUR/GBP is forecast at 0.85 on a 1 and 3-month view, a decline of 1.3% from the current spot level. A further retreat to 0.84 is forecast on a 6-month view with a net loss to 0.83 on a 12-month view, a loss of 3.7% from the current spot level. Commodity currencies are forecast to decline amid a strong US dollar . After a slight rebound on a 1-month view, the Australian Dollar-to-US Dollar ( AUD/USD ) exchange rate is forecast to decline 1.0% to 0.7600 on a 3-month view. A further retreat to 0.73 is forecast on a 12-month view, a decline of 4.9% from the current spot value. A similar pattern is projected for the New Zealand dollar with losses limited by the slide in spot prices recorded today. The New Zealand Dollar-to-US Dollar ( NZD/USD ) exchange rate is forecast to recover 0.9% to 0.710 on a 1-month view. After slight losses on a 3-month view, Danske forecasts a decline to 0.69 on a 6-month view and 0.68 on a 12-month view which equates to losses of 1.9% and 3.3% respectively from current spot levels. The Norwegian krone and Swedish krona not expected to sustain initial gains. The Euro-to-Krone rate is forecast to weaken to 10.00 on a 1-month view, a decline of 1.9%. Thereafter, the rate is expected to recover with no net change from spot levels on a 6-month view and a gain of 1.1% to 10.30 on a 12-month view. The euro is forecast to decline 0.9% to 10.10 on a 1 and 3-month view. The pair is then forecast to strengthen to 10.2 on a 6-month view and 10.4 on a 12-month view, a gain of 0.1% and 2.1% respectively from current spot levels.
by thunderpips
NZDCHF on a short move 🦐NZDCHF is moving between 2 structures below a weekly resistance. The market after the break of the ascending channel is now testing the support. According to Plancton's strategy if the price will break below we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
5
NZDCHF on an ascending triangle 🦐NZDCHF on the 4h chart is consolidating over an ascending triangle and below a resistance providing us a possible ascending triangle formation. According to Plancton's strategy, if the conditions will be satisfied we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
4
NZDCHF is facing bullish pressure, potential for further upside!NZDCHF is facing bullish pressure from ascending trend line support. Prices might bounce off 1st support which is in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Prices might push towards 1st resistance which is a horizontal swing high resistance which coincides with 61.8% Fibonacci extension. If prices fall through, it might reach 2nd support which is tagged to a horizontal swing low support which coincides with 100% Fibonacci extension. Stochastics is also approaching support level of 2.19 before a bounce could be seen.
Long
by FXCM
3
NZDCHF is facing bullish pressure, potential for further upside!NZDCHF is facing bullish pressure from ascending trend line support. Prices might bounce off 1st support which is in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Prices might push towards 1st resistance which is a horizontal swing high resistance which coincides with 61.8% Fibonacci extension. If prices fall through, it might reach 2nd support which is tagged to a horizontal swing low support which coincides with 100% Fibonacci extension. Stochastics is also approaching support level of 2.19 before a bounce could be seen.
Long
by FXCM
7
NZDCHF is facing bullish pressure, potential for further upside!NZDCHF is facing bullish pressure from ascending trend line support. Prices might bounce off 1st support which is in line with 61.8% fibonacci retracement and 50% fibonacci extension. Prices might push towards 1st resistance which is a horizontal swing high resistance which coincides with 61.8% fibonacci extension. If prices fall through, it might reach 2nd support which is tagged to a horizontal swing low support which coincides with 100% fibonacci extension. Stochastics is also approaching support level of 2.19 before a bounce could be seen.
Long
by TradeGATEHub
1
NZDCHF - SWING - 08. MAR. 2021Welcome to our weekly trade setup ( NZDCHF )! - 1 HOUR Bearish closure and price action. 4 HOUR Overall bearish waving market structure.. DAILY Expecting more downside pressure after the break. - FOREX SWING SELL NZDCHF ENTRY LEVEL @ 0.66620 SL @ 0.67190 TP @ 0.65810 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
35
LONG This is clearly the kind of market we need to wait to see what happens before trading. We can clearly see a very strong bullish pattern as the ascending triangle, but also a big bearish pattern as the shoulder-head-shoulder pattern. I would wait for comfirmation, if it tastes the support and we see price rejection, it will go long, if it breaks the support it will probably go down. LONG: - Ascending triangle - Trend is bullish since 2020 - It is almost at the trendline - Stochastic looks like it wants to go up SHORT: - Shoulder-Head-Shoulder I would wait for comfirmation, but I'm expecting it to go LONG.
Long
by BRT88
NZDCHF on a weekly resistance🦐NZDCHF after the last impulse created a minor double top and retraced until the 0.5 fib level over the support. The market from there turned into a bullish scenario and now testing the weekly resistance. According to Plancton's strategy, If the conditions will be satisfied, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
2
NZDCHF bounce over a weekly support 🦐NZDCHF after the last impulse created a minor double top and retraced until the 0.5 fib level over a weekly support. The market from there turned into a bullish scenario and according to Plancton's strategy, If the conditions will be satisfied, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
12
UPDATE! NZDCHF on a bullish move 🦐After our last analysis, NZDCHF broke the range and started a nice bullish impulse. The market is now looking to reach the 0.65 level. ––––– Follow the Shrimp Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8