Daily Forecast
Pair: NZDCHF
Major Trend: Bullish
Time Frame: H1
Reason: Market only correction in the center of the BB indicator. Furthermore, the market is still going to retest the resistance at 0.7265
Recommendation: Buy
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Daily Forecast
Pair: NZDCHF
Major Trend: Bullish
Time Frame: H1
Reason: Market only correction in the center of the BB indicator. Furthermore, the market is still going to retest the resistance at 0.7265
Recommendation: Buy
Daily Forecast
Pair: NZDCHF
Major Trend: Bullish
Time Frame: H1
Reason: It is predicted that the market will reject in advance at 0.7400, before descending fatherly correction in the daily pivot point at 0.7313
Recommendation: Sell limit at 0.7400
Daily Forecast
Pair: NZDCHF
Major Trend: Bearish
Time Frame: H1
Reason: Bollinger bands are flat. Indication of the market will reverse direction, toward bullish. The target is still at 0.7431, to retest the resistance.
Recommendation: Buy
the weekly out look of the nzdchf shows that the retracment is not yet over despit that the price is trading above the weekly 61.8 fibonaci level at 0.7176 the price is trading above its weekly pivot at 0.7252 the main thecnical indicators shows that the uptrend is not yet over and the main weekly resistance level are at 0.7332,0.7408,0.7488
NZDCHF is trading in a range of 110 pips with 0.7480 being immediate support and the 0.6890 being the quick resistance. The break of 0.6780, also encompassing support line of the ascending trend channel, the pair is likely to extend its decline towards 0.6650 support before testing the 0.7580 and 0.6500 mark. On the break of 0.6500, the pair can becomes vulnerable to plunge towards 0.6350 mark. Should the pair gains enough of strength to break 0.7680, it can immediately rally towards horizontal resistance of 0.7754 quickly followed by the 0.7000 psychological mark and the upper line of the channel near 0.7010. A sustained break of trend channel resistance can fuel the pair's rally towards 0.7100 horizontal resistance mark.
hello,The trading rang for today is among the major support @ 0.67 and the key of resistance @ 0.6865.
The general short term basis is to the downside targeting 0.6785 as far as area of 0.67 .Thank you very much for this most wonderful subject
On H1 time frame, we can see that NZDCHF is moving near the trend line now. Then, if NZDCHF can fall and break the trend line,NZD / CHF as we can see that in recent years the pair moves sideways and on Monday will begin trading session in the area between support and resistance levels.
Daily Forecast
Pair: NZDCHF
Major Trend: Bullish
Time Frame: H1
Reason: Market still trying to break through resistance at 0.7437, to go to 0.7489, as the highest area today. RSI also failed to break the line 50.
Recommendation: Buy
Daily Forecast
Pair: NZD CHF
The main directions: UP
Timeframe: H1
The reason: the market today, 0.7489, 0.7437 on the opposition is trying to overcome all regions. RSI has failed to break the line 50.
Recommendation: Buy
---------- Post added at 08:22 AM ---------- Previous post was at 08:22 AM ----------
Daily Forecast
Pair: NZD CHF
The main directions: UP
Timeframe: H1
The reason: the market today, 0.7489, 0.7437 on the opposition is trying to overcome all regions. RSI has failed to break the line 50.
Recommendation: Buy
---------- Post added at 08:22 AM ---------- Previous post was at 08:22 AM ----------
Daily Forecast
Pair: NZD CHF
The main directions: UP
Timeframe: H1
The reason: the market today, 0.7489, 0.7437 on the opposition is trying to overcome all regions. RSI has failed to break the line 50.
Recommendation: Buy
---------- Post added at 08:22 AM ---------- Previous post was at 08:22 AM ----------
Daily Forecast
Pair: NZD CHF
The main directions: UP
Timeframe: H1
The reason: the market today, 0.7489, 0.7437 on the opposition is trying to overcome all regions. RSI has failed to break the line 50.
Recommendation: Buy
On H1 time frame, we can see that NZDCHF has broken the trend line successfully and now this pair is in bearish potential. Now, this pair is falling and I think this pair is trying to reach the support level at 0.7746. If NZDCHF can reach that support, I think this pair is also possible to break it and continue the bearish movement to the lower level at 0.7683.
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