MARKET ANALYSIS
FOR NZDCHF
TREND BULLISH
PIVOT 0.6583
S 1 0.6561
S 2 0.6544
S 3 0.6522
R 1 0.6600
R 2 0.6622
R 3 0.6639
Don't use over risks just trade with good strategy.
Thread: Nzd/chf
MARKET ANALYSIS
FOR NZDCHF
TREND BULLISH
PIVOT 0.6583
S 1 0.6561
S 2 0.6544
S 3 0.6522
R 1 0.6600
R 2 0.6622
R 3 0.6639
Don't use over risks just trade with good strategy.
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nzd/chf
Technical analysis of today is bearish
Pivot Point. 0.6583
Current Price. 0.6573
Resistance level
1st. 0.6580
2nd. 0.6590
3rd. 0.6600
Supporting level
1st. 0.6550
2nd. 0.6530
3rd. 0.6510
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Nzd/Chf
Parabolic is : sell
Moving average:sell
Current price:0.6573
Pivot point:0.6583
Resistance and Supporting level :
1.Resistance level is : 0.6585
2.Resistance level is :0.6597
3.Resistance level is : 0.6611
1.Supporting level is : 0.6560
2.Supporting level is : 0.6549
3.Supporting level is :0.6534
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Today technical analysis of Nzd/chf is sell
Piviot Point is :0.6569
Resistance and supporting level is:
Resistance level is :
My Resistance is ,,,
Resistance level first: 0.6614
Resistance level 2nd : 0.6635
Resistance level 3rd: 0.6670
My support is,,,,,
Supporting level first: 0.6558
Supporting level 2nd: 0.6545
Supporting level 3rd:0.6533
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A daily close below support sets the stage to challenge the 0.65 figure. That is followed by October’s swing bottom at 0.6425 shortly thereafter, with breach below this threshold suggesting that the longer-term term down trend established from April 2018 has been re-engaged.
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Nzd/Chf
Parabolic is : sell
Moving average:sell
Current price:0.6573
Pivot point:0.6583
Resistance and Supporting level :
1.Resistance level is : 0.6585
2.Resistance level is :0.6597
3.Resistance level is : 0.6611
1.Supporting level is : 0.6560
2.Supporting level is : 0.6549
3.Supporting level is :0.6534
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NzdChf technical analysis by using : Auto pivot indicator.
Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving below the level 0 beside that the CCI line is located at the lower level to perform a upward signal on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.
resistance level 1 : 0.6698
resistance level 2 : 0.6661
resistance level 3 : 0.6627
pivot point : 0.6590
support level 1 : 0.6556
support level 2 : 0.6519
support level 3 : 0.6485
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Nzd/Chf
Parabolic is : sell
Moving average:sell
Current price:0.6573
Pivot point:0.6583
Resistance and Supporting level :
1.Resistance level is : 0.6585
2.Resistance level is :0.6597
3.Resistance level is : 0.6611
1.Supporting level is : 0.6560
2.Supporting level is : 0.6549
3.Supporting level is :0.6534
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As followed by today?s head start the price came to flow above the Trendline index and leads the market to a upward direction and then the price seems to start rising to trial the incoming resistance stages at 0.6605 as the next target motion. On the other hand the bullish trend still not settled by the group of waving signals referring that they don't have all a bullish signal so we can say the step is probably week at the moment. By the way the TDI indicator holds near the higher edge and have a sell signal which could be a good warning for the reasoning of entering with the bullish direction till it changed the bearish sign.
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according to NZDCHF technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 0.7611
Resistance2 # ----- # 0.7633
Resistance3 # ----- # 0.7606
Support 1 # ----- # 0.7566
Support 2 # ----- # 0.7547
Support 3 # ----- # 0.7604
I suggest to take SHORT position at --- 0.6568
target take profit at --- 0.7541
target stop loss at --- 0.7627
money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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