A buying opportunityThere are two unmitigated areas below that attract me to place orders, so I have placed two buy orders in those areas. However, this plan will become invalid if the price reaches the target first. In such a scenario, I will be on the lookout for an opportunity to sell.by thebailey1
NZDCHF Potential DownsidesHey Traders, In today's trading session, we are closely observing the NZDCHF currency pair for a potential selling opportunity around the 0.55800 zone. NZDCHF is currently exhibiting a downtrend, but it is currently in a correction phase, meaning that it is undergoing a temporary upward movement within the larger downtrend. As part of this correction, NZDCHF is approaching a significant trendline at the 0.55800 level, which could act as a resistance and push the pair back down. It is important to note that this week, the Swiss National Bank (SNB) is holding a meeting, and market participants will be paying attention to any announcements or actions taken by the SNB to counteract the depreciation of the Swiss Franc (CHF). The SNB may employ measures such as interventions or changes in monetary policy to stabilize or strengthen the CHF. This event could potentially impact the NZDCHF pair and should be monitored closely. Additionally, it is expected that the Reserve Bank of New Zealand (RBNZ) will pause the interest rate hikes in the near future. This means that the RBNZ is likely to hold off on further increasing interest rates for now. This expectation could influence market sentiment surrounding the New Zealand Dollar (NZD) and potentially contribute to a weakening of the currency. Therefore, traders and investors should keep an eye on both the SNB meeting and the RBNZ's stance on interest rates as these factors could have an impact on the NZDCHF pair in the coming days. Trade safe, Joe. Shortby JoeChampion4415
NZDCHFAfter completion of five waves there is a correction. We see an ending diagonal which is a reversal pattern signalling for change in trend. We anticipate longterm bull market. Longby Senator_Konshens1
NZDCHFMonthly -Price is in a downtrend -Sell side liquidity Weekly -Institutional candel -Head and shoulder pattern -Sell side liquidity Daily -Bearish W pattern -Institutional candel -Sell side liquidity Shortby andresnwfxUpdated 2
NZDCHF Continues...After a beautiful retest of our demand zone, price broke multiple structures to the upside with momentum. It recently consolidated around the structural break zone just before it impulsively pushed to the upside. It then formed liquidity above the supply zone it left behind in the process that it could potential use to expand its move further upwards.Longby BlackTygaTrades6
NZDCHF: Local Long From Support! Ladies and Gentlemen, Here I present you a Long from support on NZDCHF pair which is Justified by the combination Of the uptrend and the Retest and rebound from the Key support level (despite the downtrend on the weekly TF) ❤️Please, support our work with like & comment!❤️ Longby UnitedSignals224
NZD-CHF Will Fall From Falling Resistance! Sell! Hello,Traders! NZD-CHF was going up After the pair made a rebound From the local bottom but The pair is still in the downtrend And is trading in a below The falling resistance So after the retest I think That a move down is Very likely Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals11
✅NZD_CHF POTENTIAL LONG🚀 ✅NZD_CHF went down to retest a horizontal support of 0.555 Which makes me locally bullish biased And as we are seeing a bullish rebound A move up from the level Towards the target above at 0.5585 Is very likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx101028
NZDCHF bullish push for next week to expect Hi viewers, NZDCHF in last peridos bullish market, price currently on zone, here break expecting and short bullish push for next week TP1: 0.56200 (50) TP2: 0.56500 (80)Longby DepaTrading0
NZD/CHF Buy 16/06/2023A buy on a 4 hr trading time frame when sells failed to make a lower low and sellers momentum. Long01:55by Deven1111
NZDCHF - Continuation To The Downside!Analysis: This setup to us is ideal. Firstly price is clearly in a downwards trend and there is no doubt about this. We've seen price create a series of lower lows and lower highs which confirms that we are in a downwards trend. Knowing this we are only looking for shorts on this pair. Where price is currently is a very interesting area to us. Why? This area has held as major support in the past and as support recently so we now expect that it will hold as resistance. If you've been trading long enough you'll know that very often support can turn to resistance and resistance can turn into support. For more confluence at this area we have the 50% fib retracement level which we expect sellers will be sat at waiting before pushing price down further. We've also got an downwards trendline which has been beautifully respected multiple time showing us the bullish pressure and momentum on this pair. Fundamentally as well we're pretty neutral. Both the NZD and the CHF have almost the same long to short ratio so there isn't any real bias here until we dig a little further and we can see that the NZD only really had an increase in short positions by institutions whereas the CHF has an increase in both long and short positions by institutions so we actually have a slight bias to the bullish side of the CHF which goes with our idea and wraps up why we are bearish on this pair. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all. Stay Safe - JPI Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.Shortby jpeacockfxUpdated 303011
NZDCHF Monthly AnalysisHere is my analysis for NZDCHF on Monthly timeframe. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!Shortby Aznan_Alsidik5
NZD CHF Long Setup in 4 Hr and 1 Hr TF. OANDA:NZDCHF . Price successfully break the Previous L.H and also retest the level now move toward upward to print new H.H Entry Point and Tp Mentioned in Charts. Longby ChartsInsightsUpdated 226
NZDCHF: CUP AND HANDLE PATTERNThis instrument has been in a descending channel since January 2023 and it seems to be preparing for a break out using a cup and handle pattern as a launchpad. The journey to the most aggressive targets is very bumpy though and the most important of the pivot points are marked on the chart. The most conservative entry is after the breakout of the resistance of the descending channel and 1D MA 50 while the most aggressive entry is on the breakout of the handleLongby BabsphoenixUpdated 3
NZD/CHF: Volume Profile 📊 and Price Action Analysis 📋On NZD/CHF is nice to see strong buying reaction from the price 0.55340, there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... S/R zone from the past + Uptrend + Volume cluster are my mainly reason for this long trade.... Happy trading Daleby Trader_Dale7
#NZDCHF- 150+ INTRADAY BUY SETUP#NZDCHF is in bearish direction since a longer period now where we are seeing price to reject strong and filled up the liqudity before it drops further. There is a strong chance that price may finally reverse from our zone and continue the bullish momentum for another two to three months but it is very unlikely as DXY is extremely bullish at the current market condition. Please Like and Follow for More. Longby Setupsfx_Updated 434344
Buy limit $NZDCHFbuy now with a small position and buy limit at 0.54074 - 0.54614 zone The price of NZDCHF is near the Monthly low risk around 100 pips Target 600-700 pips first target 0.56783 ( if can break this major trend line, we will meet 600 pips win) Normally NZDCHF moves around 40 - 60 pips per day so I hope this setup will run within 2 weeks. Longby theoris1
nzdchfnzdchf is now retracing. wait for a rejection at these levels for a move back to the downside. Shortby JoshW040
NzdchfGood day, From last idea in this option we are closed to targets. Targets: 1-100% 2-161% Good luckLongby AliShirali2
NZDCHF H4 | Falling from overlap resistance?price is approaching our sell entry at 0.55299 which is an overlap resistance that aligns with a 38.2% Fibonacci retracement. Our take profit will be at 0.54737 which is a swing low support level. Stop loss will be at 0.5599 which is a pullback resistance Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.Shortby FXCM110