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NZD-CHF

NZD/CHF updateI posted the sell setup on Nchf and tried to explain the possible scenarios and showed you the area it might buy from. well, it shot off the 50% retrace fib. I would just like to point out when they consolidate at a trend line like that on the daily, they usually break out... It has a pattern that could have gone either way near term. The weekly looked like downside but we will probably at least get a 1-2-3 if it is moving in a downward direction... It doesn't have to be. it comes down to trading the setups based off price action. It can be making a combo swing pattern moving in an upward direction. I suggest you watch my live stream I will do this afternoon 6/8.
by thillygoosth
NZD/CHF 1H Chart: Kiwi consolidatesThe New Zealand Dollar has been weakening against the Swiss Franc in a steep channel down. This movement has been likewise bounded by a two-month channel. The pair tested the senior pattern last week and subsequently entered a minor period of consolidation. The pair’s positioning in the aforementioned senior pattern suggests that the Kiwi could eventually pick up momentum and target its upper line, the nearby-located 38.20% Fibonacci retracement and the monthly PP circa 0.6980. It is likely that this resistance surrenders and thus allows for further advance. Technical indicators demonstrate that this surge might occur in a week’s time. In the meantime, some downward potential is still apparent in the market during the following sessions. This fall, however, should not be significant, as the monthly and weekly S1s and a channel line are located at 0.6850.
Long
by UnknownUnicorn890690
Ready to fallThe long direction reatracement has finished. During the night the Long Term market pressure still negative (-1.1) Today the cross seems ready to start the dip The analysis of others NZD crosses confirms the downtrend of NZD. This analysis is based on market pressure. To know more about market pressure and receive a free daily hints for all crosses visit my twitter profile. You can find the link in my tradingview profile at www.tradingview.com near the name Have a nice trading !
Short
by MarketMiracleAdvisor
NZD/CHF long setupNZD/CHF is extending upside after bouncing off 200-DMA at 0.6930, bias higher. Price is hovering around 78.6% Fib retrace of 0.7094 to 0.6737 fall at 0.7018, breakout above will see further upside. Technical studies are supporting further gains in the pair. RSI is above 50 levels and biased higher. Stochs are showing a rollover from oversold levels and we see +ve DMI crossover on -ve DMI. Break above 78.6% Fib finds next major resistance at 88.6% Fib at 0.7053. On the flipside, we see strong support at 0.6960 (nearly converged 61.8% Fib and trendline). Weakness likely on break below. We see bullish invalidation only below 200-DMA at 0.6930. Support levels - 0.6990 (5-DMA), 0.6960 (nearly converged 61.8% Fib and trendline), 0.6930 (200-DMA) Resistance levels - 0.7018 (78.6% Fib), 0.7053 (88.6% Fib), 0.71 Good to go long on break above 78.6% Fib) at 0.7018, SL: 0.6960, TP: 0.7050/ 0.71/ 0.7125
Long
by FxWirePro
1
NZD/CHF 1H Chart: Kiwi likely to retrace from channelThe New Zealand continued to extend its gains against the Swiss Franc during the first part of April. It peaked near the 0.7125 mark on April 13 prior to pushing back down to 0.6950 where the breached senior channel and a junior one are situated. Meanwhile, technical indicators are located in the oversold territory. This suggests that the prevailing bearish sentiment could allay, thus allowing the pair to retrace from the aforementioned two channels. This surge might not be steep, given that several strong resistance clusters are limiting the pair up until the 0.7090 mark, including the 100– and 200-hour SMAs and the weekly PP circa 0.7050. In terms of upside potential, the New Zealand Dollar should try approaching the upper boundary of the junior channel near 0.7180 during the following week.
Long
by UnknownUnicorn890690
Weekly forecast NZDCHF Right now we are on a strong S/R daily line where many past reversals occurred, and on top of that we have confluence with a monthly triangle that has been respected really well. Last week the price tried to break the triangle but it fell back into it. The price may be looking to retest the 0.70260 zone and go higher because it haven't done that yet and the market needs to follow structure. I'll wait for the price to reach that zone to take any decision. I think it has a higher probability of going down path A to 0.68300 zone because of the confluence with the triangle and the break fakeout of last week.
by arocha.daniel3
NZD/CHF Daily Update (11/1/18)0.705 Resistance zone Waiting for more signs of rejection candle to shows signs of weakness. Looking at the next support zone for taking profit. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation. SonicR Mastery team is not responsible for any liabilities arising from the result of your market involvement or individual trade activities
Short
by sonicrmastery
Up & DownNZDCHF is pushing to higher prices and the long term market pressure (+8.7) confirm the trend. Also the short term market pressure confirm that the movement will start in short time (+11.7). But be carefull at the level 0.70750 ! The cross can't beat some level of resistance without a serious retracement at level shown on chart. This analysis is based on market pressure. On my twitter profile twitter.com you can find everyday the market pressure value for all crosses. Have a nice trading !
Long
by MarketMiracleAdvisor
Long NZD/CHF breakout above 200W SMA Technical Analysis: - The pair has broken above 200-DMA at 0.6944 after breakout at major trendline resistance. - We see price action has broken out of daily cloud which is now strong support at 0.6927. - RSI strong above 60 levels and rising. - ADX above 25 levels and rising, +ve DMI dominance seen. - 200W SMA at 0.7015 is major resistance, break above will see further upside. Support levels - 0.6944 (200-DMA), 0.6938 (5-DMA), 0.6927 (cloud top) Resistance levels - 0.6998 (50% Fib retrace of 0.7290 to 0.6706 fall), 0.7015 (200W SMA), 0.7067 (61.8% Fib), 0.7117 (July 13 and Aug 15 high) Good to go long on break above 0.7015, SL: 0.6940, TP: 0.7065/ 0.7115/ 0.7140.
Long
by FxWirePro