NZD-CHF
NZDCHF held resisted at key resistance level1. NZDCHF is currently held resisted at the 0.59675 level. This level is very significant as it marks a huge supply origin on April 30th and serves as an inflection point supported on April 29th.
2. We're currently seeing this level hold up. You'll notice that we're not seeing large bullish candles, but rather alternating red and green bars. On a lower time frame, this will be observed as a narrowing range.
3. I'm currently bearish because price has slowed after a huge bullish uptrend. What are the odds that we're going to see new volume of buyers coming in at the current price? Those that have gotten long should have gotten in by now. We should be seeing profit taking and fresh sell volume rolling in overnight and through the next few days.
NZDCHF ANALYSIS Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, that the pair is close to its trendline resistance but in middle of its support and resistance. One can wait for breakout
Let us know your views on this in the comment section. Thank you all.
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Ryan.R..Lopes
NZDCHF techncially based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 NZDCHF technicaly based idea, we can see price is bounce from bottom trend line , candels formation is strong bulish, technicaly indicators showing we can expect higher push up in price exepcting push till top trend line, NZD the strongest currency currently, CHF one of the weakest.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!
RISING WEDGE BREAKOUT AT NZDCHFHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
One can take a sell call as the pair gave a breakout from its rising wedge
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
NZDCHF technicaly based - structure break
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 NZDCHF technicaly based idea, we can see price is break trend line, candels foramtion is strong bearish, technicaly indicators showing we can expect higher push down in price, SUPPs can be used for TP targets.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
#Analisa NZDCHF Naik#Analisa NZDCHF Naik
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NZDCHF SHORT TRADENZDCHF is in downtrend based below SMA 100 on H1 frame
Price is based below HVN at level 0.6026 which indicates that pair is in distribution phase
Pair broke key level at 0.5847
MACD shows bearish momentum
RSI is below level 50
It's expected for selling to target 61.8% Fibonacci level of preceding bullish wave at level 0.5693