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NZDCHF

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