the NZD/CHF sold off from 0.7500 to 0.6380 in a matter of weeks. That was followed by a rally of almost 800 pips just as fast. By a comparison, during the last three weeks, the price range has been about 200 pips – a non-event.
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the NZD/CHF sold off from 0.7500 to 0.6380 in a matter of weeks. That was followed by a rally of almost 800 pips just as fast. By a comparison, during the last three weeks, the price range has been about 200 pips – a non-event.
The Kiwi-Franc pair has traded in a tight range over the past few weeks, as both the New Zealand Dollar and the Swiss Franc have been particularly resilient in the face of global panic.
from the 1h chart this pair seem having a problem to penetrate the upper side of resistance area........another pullback or retracement will occur soon maybe
the pair trading in the middle of a slight descending channel that it has carved out since late March, there is an opportunity to trade the pair back towards its Range Bottom, provided that the Reserve Bank of New Zealand holds a dovish tone after today’s rate decision.
suggesting that the NZD/CHF could be getting ready for another move down. Of course, this is dependent on breaking the 0.6740 support, but if it happens, the price could easily test the major low of 0.6380.
we can see that the pair has failed in breaking the level of 0.6500 and bounced from it to reach 0.6550 , so that's mean the up trend is expected and the pair might head to 0.6600 and then 0.6640
the pair and as we can see from the chart has closed it's daily candle above the level of 0.6500 , so , that's mean the up trend is still standing and the pair is heading to 0.6550 then 0.6600
from the 1h chart this pair seem having a problem to penetrate the upper side of resistance area........another pullback or retracement will occur soon maybe
NZD/CHF could be getting ready for another move down. Of course, this is dependent on breaking the 0.6740 support, but if it happens, the price could easily test the major low of 0.6380.
the NZD/CHF could be getting ready for another move down. Of course, this is dependent on breaking the 0.6740 support, but if it happens, the price could easily test the major low of 0.6380.
we can notice from the chart that the pair has closed under 0.6500 , that's mean the down trend is expected and the pair might head to 0.6400 then 0.6350 , however the pair made a hourly correctio
NZD/CHF is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the 0.6740, yet after every bounce it tends to return to this area, creating a pronounced bearish bias.
The Kiwi-Franc pair has traded in a tight range over the past few weeks, as both the New Zealand Dollar and the Swiss Franc have been particularly resilient in the face of global panic.
it is very clear after the close of the last week candle that the down general trend still in control. and i think the pair is heading more down to test the level of 0.630
NZD/CHF could be getting ready for another move down. Of course, this is dependent on breaking the 0.6740 support, but if it happens, the price could easily test the major low of 0.6380.
NZD/CHF sold off from 0.7500 to 0.6380 in a matter of weeks. That was followed by a rally of almost 800 pips just as fast. By a comparison, during the last three weeks, the price range has been about 200 pips – a non-event.
The Kiwi-Franc pair has traded in a tight range over the past few weeks, as both the New Zealand Dollar and the Swiss Franc have been particularly resilient in the face of global panic
as we can see from the chart , the pair has stated it's trading week above the level of 1.6400 and that's mean that the up trend is expected this week and the pair might head to 1.6450 and then 1.6550
If a M15 close above 1.6400 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.6300 sell only and do not buy. If price closes back above it again do nothing
The range 1.6400 and 1.6300 is neutral area, any trade done in between is personal decision and not part of this analysis
scalp should be between 15-23 pips depending on entry. Note that the trade will not be in play until a rebound off the 38.2% extension, or a confirmed break below the 50% extension
NZD/CHF is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the 0.6740, yet after every bounce it tends to return to this area, creating a pronounced bearish bias.
the pair has stated it's trading week above the level of 1.6500 and that's mean that the up trend is expected this week and the pair might head to 1.6550 and then 1.6600
we can notice from the chart that the pair has closed it's daily candle under 0.6500 , that's mean the down trend is expected and the pair might head to 0.6470 then 0.6440 , however the pair made a hourly correction
If a M15 close above 0.6600 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.6480 sell only and do not buy. If price closes back above it again do nothing
The range 0.6600 and 0.6480 is neutral area, any trade done in between is personal decision and not part of this analysis
It is more likely to go down to around 0.6526 or lower, and after that, it might have potentially to go up to around 1.6603 or higher
as we can see on the chart , the pair is trading under the level of 0.6600 , any way if the pair succeeded in breaking 0.6600 , it will continue in it's up movements heading to 0.6640 and then 0.6680
the NZD/CHF pair identifies a descending wedge formation as recent risk aversion flows continue to see traders moving from the higher-yielding, growth-linked currencies
the pair and as we can see from the chart has closed it's daily candle above the level of 0.6600 , so , that's mean the up trend is still standing and the pair is heading to 0.6630 then 0.6660
as we can see the 4 hr chart been trading between 2 levels upper at 0.6655 and bottom at 0.6410. anyway the pair over ema50 and this is asign for the control of buyers so far. should test the resistant level mentioned before more upward confirmed
as we can see on the chart , the pair is trading under the level of 0.6600 , any way if the pair succeeded in breaking 0.6600 , it will continue in it's up movements heading to 0.6650 and then 0.6700
A daily chart of the NZD/CHF pair identifies a descending wedge formation as recent risk aversion flows continue to see traders moving from the higher-yielding, growth-linked currencies
If a M15 close above 0.6650 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.6560 sell only and do not buy. If price closes back above it again do nothing
The range 0.6650 and 0.6560 is neutral area, any trade done in between is personal decision and not part of this analysis
in time frame 1 hour we can see small up trend and price now go up to test this strong resistance if can close up it will see pair go for up . if can't will go down
photo for analyze
the NZD/CHF pair continuing to consolidate into a tighter wedge formation between the 61.8% and 23.6% Fibonacci extensions taken from the May 26th and June 9th crests.
It is more likely to go down to around 0.6300 or lower, and after that, it might have potentially to go up to around 0.6700
If a M15 close above 0.6650 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.6560 sell only and do not buy. If price closes back above it again do nothing
The range 0.6650 and 0.6560 is neutral area, any trade done in between is personal decision and not part of this analysis
NZD/CHF could be getting ready for another move down. Of course, this is dependent on breaking the 0.6740 support, but if it happens, the price could easily test the major low of 0.6380.
the pair has stated it's trading week under the level of 0.6800 and that's mean that the down trend is expected for this week and the pair might head to 0.6770 and then 0.6740
the pair and as we can see from the chart is trading under level 0.6900 , so , that's mean the down trend is still standing and the pair might head to 0.6870 and then 0.6840 how ever the pair made any hourly correction
If a M15 close above 0.6850 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.6660 sell only and do not buy. If price closes back above it again do nothing
The range 0.6850 and 0.6660 is neutral area, any trade done in between is personal decision and not part of this analysis