CHFNZD trade ideas
NZD/CHF - Breakout to the upside coming soon?Following on from a substantial downtrend in this pair, we can see that price has broken out of the descending channel and been ranging sideways for the last 4 days. Price is now consolidating within a small ascending channel. This is a pivotal area for this pair as any break above this could signal the beginning of a large correctional move to the upside.
If price can breach higher above the 5240 zone this may indicate further upside in this pair.
NZDCHF: Time For Pullback 🇳🇿🇨🇭
NZDCHF may bounce from a key daily historic support.
After its test, the price formed a cup & handle pattern on a 4H time frame
and broke its neckline with a bullish imbalance.
I expect a bullish move to a falling trend line.
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NZDCHF: ITF CURVE ANALYSIS (1D)✨NZDCHF: ITF CURVE ANALYSIS (1D) ✨ (UPTREND)
BLO2 @ 0.5275 ⏳
BLO1 @ 0.5315 ⏳
BSO @ 0.5442 ⏳
TP1 @ 0.54637
TP2 @ 0.57091
TP3 @ 0.5864
TP4 @ 0.5900
SLO1 @ 0.59071 ⏳
SLO2 @ 0.59923 ⏳
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
NZDCHF lowerBias Bearish
Fundamental
NZD data are bearish
CHF data are bullish
Price has break through the Daily SR level. Price is extreme bearish. In the Daily S/R level, lower TF H1, price broke through support level. Bearish movement have higher probability
Short set up
Short trade at H1 broken support level. SL above the swing high of H1. TP targeting the next lower Daily S/R level
NZD-CHF Very Risky Long! Buy!
Hello,Traders!
NZD-CHF is collapsing
Further down and has lost
Almost 7% from the local peak
So the pair is massively oversold
And as it is about to retest
The horizontal support of 0.5237
A local bullish correction
But this is a risky setup
Because of how easily
The pair broke all the
Previous support levels
So please use no more
Than 0.5% of the account
For this trade
Buy!
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Check out other forecasts below too!
NZD/CHF - Bearish CampaignThe NZD/CHF is on the move south after a major downside reversal started taking shape about a month and a half ago. On the short-term scale, price-action seems to be finishing up an upside technical correction. This could be that prime timing to take action. We short the pair to the next significant support key-level at 0.5262. We should be watchful about the coming support at 0.5432.
NZDCHF in a Complex Bullish ScenarioNZDCHF in a Complex Bullish Scenario
The current area was tested in August and October 2023 and February 2024.
Chances are that we could see the price rise again from this support area, given that it also corresponds to all-time lows.
On the other hand, the price also decreased due to the manipulation of the SNB. So, in general, we should be cautious, but an uptrend may start soon.
The current area was tested in August and October 2023 and February 2024.
We could see the price rise again from this support area, given that it also corresponds to all-time lows.
On the other hand, the price also decreased due to the manipulation of the SNB. So, in general, we should be cautious, but an uptrend may start soon.
You may find more details in the chart!
Thank you and Good Luck!
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NZD/CHF Vey Near Best The Place To Buy It And Get 250 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
We are now examining the NZD/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.541 level.
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Long and Strong, NZDCHF Plays Its SongI've always wanted to be a part of a thrilling Kiwi-Swiss adventure, and what's more thrilling than a 0.55 target?
1. Risk-On Sentiment and Economic Recovery
The New Zealand Dollar (NZD) is often considered a risk-correlated currency, meaning it tends to perform well during periods of global economic optimism and growth. As the global economy shows signs of recovery, particularly in the second half of 2024, the NZD is likely to strengthen
. This is further supported by the Reserve Bank of New Zealand's (RBNZ) efforts to maintain inflation within a target range, which can boost investor confidence in the NZD .
2. Technical Indicators Suggest Bullish Patterns
Recent technical analysis indicates the formation of bullish patterns in the NZDCHF pair. Specifically, a cup and handle formation on the 4-hour chart suggests a potential breakout, with confirmation expected if the price closes above 0.5433 . This technical setup supports a bullish outlook, with potential targets at 0.5448 and 0.5460, making the 0.55 target plausible .
3. Economic Data and Forecasts
New Zealand's economic data and forecasts provide a supportive backdrop for the NZD. The country is expected to see a reduction in inflation to below 3% by Q3 2024, with further decreases anticipated by 2026 . Additionally, while the first half of 2024 saw GDP contraction, growth is expected to resume in the second half of the year . These factors contribute to a positive economic outlook for New Zealand, which can strengthen the NZD.
4. Safe Haven Dynamics of the Swiss Franc
The Swiss Franc (CHF) is traditionally seen as a safe haven currency, attracting investment during times of economic uncertainty . However, as global economic conditions improve, the demand for safe haven assets like the CHF may decrease, leading to a relative weakening of the CHF against riskier currencies like the NZD . This shift in investor sentiment can support a long position in NZDCHF.
5. Impact of Chinese Economic Performance
China is New Zealand's largest trading partner, and the performance of the Chinese economy significantly impacts the NZD . Positive developments in China can lead to increased demand for New Zealand exports, thereby strengthening the NZD. As the Chinese economy shows signs of stabilization and growth, this can further support a bullish outlook for NZDCHF.
6. Market Sentiment and Real-Time News
Real-time market sentiment and news also play a crucial role in currency movements. Recent reports indicate a slight decline in the NZD, but this could present a buying opportunity if the broader economic and technical indicators remain positive . Additionally, consumer confidence in New Zealand, as measured by the ANZ Roy Morgan Consumer Confidence index, remains a key indicator to watch .
NZDCHF | Range Idea | Pre-MarketWithin a 100K Account Balance the split on Trade & Risk Management = 1/10% - 1/20% margin as an Execution Range, to set up an Order Entry and select a per Trade on Average, to avoid any drawdown hit regarding to Stop Loss & to execute Risk on Management Specifics. Trail Stop efforts are a Focus of Attention to the set up in general when Volatile-Price-Action is involved, mainly because of the usage of an Intraday-Scalp-Position tool on behalf on the Trade Plan in general
# POSITION & Risk Reward | 15 Minutes Time Frame
- Measurement on Session
* Retracement | 0.5 & 0.618
* Extension | 0.88 & 1
# POSITION & Risk Reward | 1 Hour Time Frame
- Measurement on Session
* 20 EMA
* 1000 EMA
* Retracement
# TREND | TIME FRAME CONDUCTIVE | 4 Hour Time Frame
- Support & Resistance area 1
- Support & Resistance area 2
- Support & Resistance area 3
- Subdivision & General Trend
- Measurement on Session
* Retracement
* Support & Resistance
* Trade Area | Focus & Motion ahead
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
7 Dimension Sell Setup for NZDCHFCORE Analysis Method: Smart Money Concepts
😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bearish with BOS
🟢 Impulsive Move: Started after the extreme POI mitigation.
🟢 Pullback: Inside the impulsive move, this is the first pullback, which might come back to take liquidity.
🟢 Internal Structure: 15 min is also bearish.
🟢 EXT OB: Used as POI in the Premier zone of the internal structure.
2️⃣ Pattern
🟢 CHART PATTERNS:
No specific chart patterns identified for this setup.
🟢 CANDLE PATTERNS:
Will be monitored once the price reaches the execution level.
3️⃣ Volume
🟢 Volume during correction: Needs monitoring, but generally, volume tends to dry up during corrections before increasing at points of interest.
4️⃣ Momentum RSI
🟢 Zone: In a bearish zone, confirming the bearish sentiment of the market.
5️⃣ Volatility Bollinger Bands
🟢 Current Phase: Monitoring needed for contraction or expansion phases. Band behavior indicates a possible breakout or continuation of the trend.
6️⃣ Strength: The market shows bearish strength without significant bullish interference.
7️⃣ Sentiment: Bearish.
✔️ Entry Time Frame: 15 min
✅ Entry TF Structure: Bearish
✔ Entry Time EXT OB: Is POI
💡 Decision: SELL
🚀 Entry: 0.5498
✋ Stop loss: 0.5505
🎯 Take profit: 0.5402
😊 Risk to reward Ratio: 13 RR
🕛 Expected Duration: 5 days
SUMMARY
The analysis identifies a bearish swing structure on the H4 time frame, marked by a Break of Structure (BOS) and an impulsive move starting after the extreme Point of Interest (POI) mitigation. Inside this impulsive move, the first pullback might come back to take liquidity. The internal structure on the 15-minute time frame is also bearish, using the extreme Order Block (OB) as the POI in the Premier zone of the internal structure.
There are no specific chart patterns identified for this setup. Candle patterns will be monitored once the price reaches the execution level. Volume analysis indicates that volume typically dries up during corrections before increasing at points of interest, which needs monitoring.
Momentum RSI is in a bearish zone, confirming the bearish sentiment of the market. Bollinger Bands indicate the need for monitoring contraction or expansion phases, suggesting a possible breakout or continuation of the trend.
The market shows bearish strength without significant bullish interference, with a general bearish sentiment. The entry time frame is 15 minutes, with the entry structure indicating bearishness and the POI filled with the EXT OB.
The decision is to sell at 0.5498, with a stop loss at 0.5505 and a take profit at 0.5402, providing a 13:1 risk to reward ratio. The expected duration for this trade setup is 5 days, based on market conditions and price behavior as outlined.
NZDCHF - Wait For It...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDCHF has been overall bullish , trading within the flat rising wedge marked in blue.
Currently, NZDCHF is undergoing a correction phase in the shape of a falling channel in red.
Moreover, it is retesting massive support in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower blue/red trendlines acting as non-horizontal support.
📚 As per my trading style:
As #NZDCHF approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich