Hello Traders,
I see a good short opportunity on NZDCHF, and here is why:
The Fundamentals: are favoring the CHF over the NZD:
- GDP Growth: (NZD: -0.6% / CHF: 0.0%)
- Inflation: (NZD: 6.7% / CHF: 2.9%)
- Unemployment: (NZD: 3.4% / CHF: 2.0%)
- Interest Rates: (NZD: 5.25% / CHF: 1.5%)
The Sentiment:
- COT Report: shows (44.4%) of future open contracts are long NZD, while (39.1% ) are long on CHF.
- Retail sentiment: 85% of retail crowd are short on NZDCHF
The Technical:
The price is in a healthy down trend with lower highs and lower lows. It made made a pull-back to the /0.38/ fib retracement which is a good risk to reward ratio.
The stop-loss is above the /0.5/ fib.
Trade Safe.
I see a good short opportunity on NZDCHF, and here is why:
The Fundamentals: are favoring the CHF over the NZD:
- GDP Growth: (NZD: -0.6% / CHF: 0.0%)
- Inflation: (NZD: 6.7% / CHF: 2.9%)
- Unemployment: (NZD: 3.4% / CHF: 2.0%)
- Interest Rates: (NZD: 5.25% / CHF: 1.5%)
The Sentiment:
- COT Report: shows (44.4%) of future open contracts are long NZD, while (39.1% ) are long on CHF.
- Retail sentiment: 85% of retail crowd are short on NZDCHF
The Technical:
The price is in a healthy down trend with lower highs and lower lows. It made made a pull-back to the /0.38/ fib retracement which is a good risk to reward ratio.
The stop-loss is above the /0.5/ fib.
Trade Safe.
İşlem kapandı: durdurma seviyesi
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.