| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: EUR/NZD sustains gains despite on going geopolitical risks

FxWirePro- Crude Oil Daily Outlook

FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.1050 level

FxWirePro- ONDOUSD (Chart of the day)

FxWirePro- BTCUSD Daily Outlook

FxWirePro- Crude oil Daily Outlook

FxWirePro: EUR/AUD consolidating around 1.6490, room for further gains

FxWirePro:GBP/NZD resumes downside after failing to break above 9 EMA

FxWirePro- Silver Daily Update

FxWirePro: EUR /AUD heads down as euro suffers after ECB rate decision

FxWirePro- Silver Daily Outlook

FxWirePro- Crude Oil Daily Outlook

FxWirePro- BTCUSD Daily Outlook

FxWirePro- Ethereum Daily Outlook

FxWirePro:EUR/NZD falls after ECB rate decision, plunge to test a key fibo grows

FxWirePro- BNBUSD (Chart of the day)

FxWirePro- Silver Daily Outlook

©Econometrics LLC . All Rights Reserved.

FxWirePro: NZD/CHF Trade Idea

Tuesday, October 16, 2018 6:54 AM UTC

NZD/CHF chart on Trading View used for analysis

FxWirePro Currency Strength Index for NZD/CHF: Bias Bullish
FxWirePro's Hourly NZD Spot Index was at 145.948 (Bullish)
FxWirePro's Hourly CHF Spot Index was at -108.022 (Bearish)

Technical Analysis: Bias Bullish
- Extending upside for the 4th straight session
- RSI above 50 and biased higher
- Stochs show bullish momentum
- Price has broken into daily cloud, tests 23.6% Fib

Support levels - 0.6447 (5-DMA), 0.6438 (21-EMA), 0.6371 (Oct 8 low)
Resistance levels - 0.6512 (Upper BB), 0.6564 (cloud top), 0.6622 (38.2% Fib)

Recommendation: Good to go long on break above 23.6% Fib, SL: 0.6475, TP: 0.6515/ 0.6565/ 0.6620

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Starbucks Rolls Out New Spicy Lemonade Refreshers for Spring

Nike Innovates for Mothers with New Apparel and Footwear

Elon Musk Announces Tesla Job Cuts; Key Executives Drew Baglino and Rohan Patel to Step Down

Germany's Largest Federal Bank, Landesbank Baden-Württemberg, Teams with Bitpanda for Crypto Custody Services

FxWirePro: GBP/NZD extends gains, faces 23.6%fib resistance

FxWirePro: Forex Daily Update

PUMA x PlayStation Collaboration Launches with a Fusion of Style and Gaming

Tesla Halts $25,000 Model NV9, Redirects Focus Despite Musk's Earlier Promises

FxWirePro: EUR/AUD consolidating around 1.6490, room for further gains

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: NZD/CHF Trade Idea

Editor's Picks

Welcome to EconoTimes