Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: NZD/CHF extends break above 55-EMA, intraday bias bullish

NZD/CHF chart on Trading View used for analysis

  • NZD/CHF extends break above 55-EMA, trades 0.17% higher on the day.
     
  • Intraday bias for the pair is bullish. Technical analysis supports further upside in the pair.
     
  • The pair is now in the green for the 5th straight session, edges above 23.6% Fib.
     
  • RSI is above 50 and biased higher, while Stochs also show bullish momentum.
     
  • Price has broken into daily cloud and next major bull target above cloud lies at 38.2% Fib at 0.6622.
     
  • On the flip side, retrace and close below 55-EMA negates bullish bias, scope then for test of 0.6325 (trendline).

Support levels - 0.65 (55-EMA), 0.6481 (5-DMA), 0.6448 (21-EMA), 0.6371 (Oct 8 low)

Resistance levels - 0.6564 (cloud top), 0.6622 (38.2% Fib)

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

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

November 16 04:00 UTC Released

MYGDP

Actual

4.4 %

Forecast

4.6 %

Previous

4.5 %

November 16 02:00 UTC Released

NZRBNZ Offshore Holdings

Actual

55.1 0

Forecast

Previous

55.4 0

January 31 00:00 UTC 416404416404m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416404416404m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 428224428224m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 416404416404m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 428224428224m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 416404416404m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416404416404m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416404416404m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.