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NZDCHF

NZDCHF Edging UpwardsRecovery of many indices means a recovery of many forex pairs which were falling in correlation with the same. NZDCHF is one such such example. The pair was falling in a retracement—an extended retracement—as opposed to a trend change when viewed in context of a larger timeframe such as daily. Such retracement is over and we may see the pair decisively rallying up in the following months. The falling channel is expected to break due to the forthcoming bullish pressure from buyers. Sellers should be cautious and buyers eager to climb aboad. Trade well and take care.
Long
by MyFxPicks
2
Nzdchf longs...The pair has approached a strong HTF support confluence of a daily upward trend line and a weekly support level...After a brief downside manipulation to mop up sells, the stage is set for longs, a 4H minor downside trend line has been breached, though not convincinly enough, minor resistance is also offered by the yellowed region... A cute little bullish flag has been forming (highlighted in the purple rectangle) an impulsive bullish break of that and the minor structural resistances as shown should bring about some bullish action in the nearest future. If this was remotely useful to you, please support my work with a like and a quick Sub...Thanks.
Long
by LexyenHille
NZD hit 52W low | SHORT TRADE- Alright, I like this trade because it's trending towards the downside on the higher time frames. If we look at the daily TF, we can see multiple rejections off MA 20, suggesting that sellers are really in control of the market. - On a 4-hour time frame, the price broke both moving averages and we have a recent 1-hour bearish engulfing candlestick suggesting further bearish movement. - Both currency pairs are being sold off by the hedge funds, but NZD is being sold off more heavily since it hit a 52-week low. - If support is broken, there is a possible push > exhaustion scenario, and the trade will continue to move down. 
Short
by fxtraderkristina
NZDCHF 24th MAY 2022The New Zealand dollar's performance in response to this week's policy meeting will likely depend on whether the RBNZ signals that a bigger 50bp hike is more likely at its upcoming policy meeting. The underlying case for further policy tightening in New Zealand remains compelling. The latest CPI and labor market reports both continue to reveal building inflationary pressures.The New Zealand dollar's performance in response to this week's policy meeting will likely depend on whether the RBNZ signals that a bigger 50bp hike is more likely at its upcoming policy meeting. Without such hawkish policy signals, the kiwi risks disappointment.
Long
by DNP-FX
NZDCHF... 13RR SHORT OPPORTUNITYHello traders, This pair is yet to tap into the monthly order block and is retracing on the weekly which gives a good reason why the bearish move is not over yet. On the monthly timeframe, you will notice that price is likely going to take out the low it created so that it can have enough liquidity to push upwards. On the 4H timeframe, my sell limit order has been set in the according to the weekly order block which sits above equal highs (liquidity). I am anticipating that price will take out the equal high (previous daily high) there by triggering the sell order and continue bearish. Let's see what happens. BR. David
Short
by jabariofafrica