CHFNZD trade ideas
NZDCHF The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The price is coiling around a solid key level - 0.5111
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.5148
Safe Stop Loss - 0.5093
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
NZD/CHF BULLS ARE STRONG HERE|LONG
Hello, Friends!
NZD-CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.516 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair.
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NZDCHF SHORT Checklist
Market structure bearish on HTFs 30
Entry at Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Daily Structure Point
H4 EMA Retest
H4 Candlestick rejection Y
Rejection from Previous structure Y
Levels 9.8
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
NZDCHF MARKET ANALYSIS AND PRICE PREDICTIONNZDCHF , Renegotiated at institutional level at FVG, it has finished consolidation and decision taken in favor of the Bulls. Market has already broken a structure in four Hours Chat and will retrace a little and continue to go long. Entry Is now, First Take Profit is the Trend line Liquidity ,Second Take Profit Will Be The Renegotiation Resistance to Clear of The Buyside Liquidity.
Entry, Take Profit And Stop Loss Are Well Stated on the Chat.
Good Luck Guys!
NZDCAD: Important Bearish Breakout 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily horizontal support.
The broken structure turned into a strong resistance now.
Taking into consideration the fact that the pair is trading
in a strong bearish trend since the end of September,
we can expect its continuation.
Next support - 0.507
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NZD/CHF Daily AnalysisPrice has been finding daily support at 0.5157 since November.
At the end of the first week in December, we finally saw price close below the level in convincing style.
The next level of daily support lies at 0.5054 which we last saw price bounce at in August.
Look for corrections and sell setups if you agree with this analysis.
NZDCHF LONGMarket structure Bullish on HTFs DH
Entry at both Daily and Weekly AOi
Weekly Rejection At AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 0.52000
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.88
Entry 100%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
NZD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so NZD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.521.
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NZDCHF - SELLNZDCHF Trade Idea: Bearish Bias
Summary:
This setup strongly indicates a sell bias for NZDCHF, with exogenous and endogenous factors heavily favoring CHF. Technical analysis supports this bearish outlook.
Key Points:
Seasonality: Both NZD and CHF exhibit bullish seasonal trends, resulting in a neutral impact.
Commitment of Traders (COT): NZD is at the bottom, and CHF is near the bottom. Positioning remains neutral but leans toward CHF strength.
Exogenous Factors:
Balance of Payments (BOP): Negative for NZD, positive for CHF, favoring CHF.
GDP Growth Differential: Negative for NZD, positive for CHF, a bearish indicator for NZDCHF.
Stocks: Negative for NZD, positive for CHF, further supporting CHF strength.
Interest Rates (IR): Negative for NZD, positive for CHF, adding to the bearish bias.
Conditional Scoring:
Positive Factors: NZD: 13, CHF: 4 (Strong CHF dominance).
Negative Factors: NZD: 5, CHF: 5 (Net bearish bias for NZDCHF).
Technical Context:
A bearish wedge breakout on the 4-hour timeframe indicates downward momentum for NZDCHF.
Trade Bias:
Sell NZDCHF, as both fundamental and technical factors strongly favor CHF over NZD.
Risk Disclaimer: Ensure proper risk management, as fundamental factors heavily influence this trade.
NZDCHF: Bullish Wave Still DevelopingNZDCHF: Bullish Wave Still Developing
From our previous analysis, NZDCHF completed a bullish triangle pattern, and the price has already reached the first target. NZD has shown strength lately and continues to advance.
Additionally, the SNB rate decision is expected to cut rates again this month by nearly 20 to 25 basis points. It appears that the market is already anticipating this rate cut, pushing the price further.
More details can be found on the chart.
You may find more details in the chart!
Thank you and Good Luck!
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Previous analysis:
NZDCHF Completes Bullish Triangle PatternNZDCHF Completes Bullish Triangle Pattern
NZDCHF completed a bullish triangle pattern on the 60-minute time frame. This trade is inherently risky, considering that CHF has been strong for a long time. However, it could work well for a short-term trade.
Additionally, after the better-than-expected GDP data from Switzerland, CHF hasn't reacted so far, increasing the chances for NZD to begin a bullish wave.
I am targeting two short-term levels: 0.5222 and 0.5235.
You may find more details in the chart!
Thank you and Good Luck!
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NZDCHF: Bearish Forecast & Outlook
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDCHF chart which, if analyzed properly, clearly points in the downward direction.
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