Nzd/chf

NZD/CHF reached its highest levels in over 3 months in early trading on Tuesday. The pair was lifted by the positive retail sales report released late on Monday and a rise in ‘risk on’ sentiment stemming from new momentum in US/China trade discussions.

NZDCHF

The New Zealand dollar rallied after Stats NZ reported that retail sales increased by 1.6% in the third-quarter, beating analyst expectations of 0.5%. The more important core retail sales measure which excludes car purchases, increased by 1.8%, exceeding market expectations of 0.6%.


Retail sales volumes were boosted by strong demand for electronics such as appliances, mobile phones and computers. Retail statistics manager Sue Chapman of Stats NZ stated:

“Higher electronic sales volumes in the quarter coincided with some retailers promoting sales of big screen televisions before the Rugby World Cup in Japan, which started near the end of September.”

Meanwhile, the safe-haven Swiss Franc was pressured following fresh signals that the United States and China were making progress towards ending their trade war. On Tuesday, China’s commerce ministry reported that Vice Premier Liu He, Trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin discussed issues relating to a ‘phase one’ trade agreement over the phone. The positive news came on the heels of Sunday’s announcement from China’s State Council that it would crack down on IP theft.

Looking at the NZD/CHF daily chart we can see that price has rallied to the highest levels since August 5th. The pair is currently trading near the 50% retracement level at 0.6415, which represents potential resistance overhead.

NZD/CHF

The Dow Jones Industrial Average futures fell more than 900 points, or 5%, to hit their “limit down” level. S&P 500 and Nasdaq 100 futures were also down around 5%. The price of oil fell to a low of $20.84 from $23.40.


Reports of talks between OPEC and the US shale industry did little to ease the selling in the crude oil market last Friday as the market sees little hope of any coordinated approach on supply within OPEC+.

"With nearly 10% of the world’s oil demand coming from the auto sector in the US, the forced lockdown in several US cities could have a significant impact on gasoline consumption. But with the normal circuit breaker of curtailed supply in effective, the downside to prices remains significant," analysts at ANZ Bank explained.

current price very is potential to fly again. this pair price already touched daily resistance level 1 and above trend line. Now the price try to move Upward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Buy position today. pivot point will be first target . after that price maybe can go to first resistance . stop loss area around support 1 level

ye pair abi strong resistance or fibo level zero par hai. agar ye es resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think to making more money by taking high risks, and take low risk with high profit strategies.

time frame support and resistance levels : Daily ,H1 AND H4

indicators: Bollinger Bands and fibbonanci

market trend condition today : Bullish

kal ki upward movement ko market continue kar skta hai kyuki market meh kafi uptrend tha kal or buyer kafi control me the , halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down. price support 1 level par bhi ja sakta hai agar aisa hua to wo upward jaiga thodi der ke liye, lekin low point choone ke baad wapas aa sakta hai, phir price upward jayega to is time par sell karna chahiye
ye pair abi strong resistance or fibo level zero par hai.agar ye es resistance ko todta hai to ese khridna chahiye. I hope is trade se ham profit earn kar len

hello my dear friends how are you , I hope you will be fine everyday

I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.

Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .

BUY position is better choice now, you can set target profit level 35 pips from current price

that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.

bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.

this pair can continue bullish trend today and there is possible chance price will move to up side.

trading signal today : Bullish

chart : H1 & H4 timeframe

traders ke liya zarori hai ke buy or support ko follow karen or market me buy yani nechey ki janab trade ko open kar lain sab. indicator market nechay ki janab he janay ka eshara day rahain hain. the market trend could remain in this position and I expected support resistance levels.use higher timeframe is very important because it always helps you to enter in the direction of current trend .

using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. to get consistent profits we must have a good strategy, many of the strategies we use but must match your trading style.

you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck and doing trade like a boss

NZD/CHF > Bearish

PIVOT POINT > 0.5634

S1 > 0.5556

S2 > 0.5508

S3 > 0.5430

R1 > 0.5712

R2 > 0.5760

R3 > 0.5838

my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side

Hallow friends Hope all of you are fine!
Everyone made his stretigy by its own opinions.
Trading stratigies as our demand like gold trading is most beneficial as compared to other currencies
the matter is not the trading of gold at all But, Important is the ways through which we gain our profit or loss.
So we all want to attend or recieve all informaton that is important to know the traditional trading environment.
We always admit this is the best plateform ,
I mean Indian Forex is always be the best plateform ever.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
Keep it Up !!
Thank You.

Nzd-chf - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1. are buy based
Resistance 1 - Resistance 2 - Resistance 3. are target based
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.