NZDCHF H4 CHART
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Daily timeframe.
Structure: The uptrend was confirmed after the bulls broke the Key level at 0.65000.
Wait for the price to have a move to retest this support level and appear a buy signal, then enter an order with NZDCHF.
The profit target is the 0.67500 zone.
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Wish you...
NZDCHF is very bullish from the beginning of October.
Setting a new high last week the price retraced to a key level.
Retesting key support the price started to grow.
Bulls managed to violate a falling wedge pattern, and duplicate the bullish breakout.
Expect new wave upward to the key resistance level.
The bias for the NZD remains firmly titled to the upside,...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
NZD
FUNDAMENTAL BIAS: BULLISH
1. The Monetary Policy outlook for the RBNZ
At their Oct meeting, the RBNZ delivered on expectations to raise the OCR to 0.50%. As the hike was already fully priced, the lack of new hawkish tones we saw a textbook buy-the-rumour-sell-the-fact reaction in the NZD pushing lower. There was additional focus on the RBNZ expecting...
NZDCHF is still accumulation on a strong demand cluster.
This morning I see more bullish clues.
Buying more I expect a bounce & retest of a current local high.
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NZDCHF dropped to a key level.
Because the pair is trading in a bullish trend,
I expect a growth from the underlined structure.
Buy!
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NZD
FUNDAMENTAL BIAS: BULLISH
1. The Monetary Policy outlook for the RBNZ
At their October meeting, the RBNZ delivered on market expectations and raised the OCR by 25-basis points to an OCR of 0.50%. As the 25- basis point hike was already fully priced in, the fact that the bank did not provide any new additional information saw a textbook...
H2 time frame.
Structure: Downtrend.
The price formed a retracement wave and retested the 0.64500 resistance.
After forming a new high, the price immediately down sharply with the upward momentum also weakening.
Waiting for a candlestick pattern to appear, NZDCHF can be sold.
The profit target is the 0.63600...
NZDCHF made an impulsive break from its corrective channel, the recent pullback to retest broken trend channel resistance as support, this area coincided with the equality objective at 6419, with the 50% retracement just below at 6408. Bullish exposure should be rewarded on a break of the monthly pivot at 6475 targeting the next upside equality objective at 6745
NZD
FUNDAMENTAL BIAS: BULLISH
1. The Monetary Policy outlook for the RBNZ
New Zealand’s Zero Covid strategy caused quite the rigmarole for the NZD before the RBNZ’s last meeting as market participants were forced to unwind aggressive expectations for rate hikes going into the meeting. The unwind was so aggressive that OIS prices dropped from a 100% chance of a...
Trade details for current trade are shown on the chart.
Trade has been live since 8:15 UK time and we are using our POW reversal script.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red short arrow is entry point and purple line is stop loss.
Previous trade seen on chart and was...
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✅NZD_CHF was trading in a bullish wedge pattern
And now we are seeing a breakout to the upside
IF the breakout is confirmed
Then we will see a bullish continuation
Towards the target above
LONG🚀
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✅NZD_CHF is trading in a downtrend
And now the pair is retesting a falling resistance
Of the falling channel, so I am bearish
And am expecting a bearish move down
SHORT🔥
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Hey traders,
Update for NZDCHF.
As we've recently spotted, the pair broke and closed above a major falling channel on a daily.
Retesting its broken resistance the price formed a double bottom on 2H.
Breaking its neckline, it looks like the market is preparing for a bullish continuation.
Goals:
0.6505
0.6535
❤️Please,...
#NZDCHF Price made a daily impulse in 5 waves overtaking 2 corrective highs, supported by a bullish and impulsive sequence of AO blocks. This is likely to attract bulls to come in as the following correction draws to an end. The Modified Schiff Pitchfork lays out a channel pointing to a larger untapped supply zone created by 2015 highs. If this will be a 3 or 5...
