We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bearish
GBP/USD
Bearish
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bearish
Oil - US Crude
Mixed
Bitcoin
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Hmmmm... I thought the Administration could only defer it once. They will need to make this decision very soon as deadline is Thursday, and this would be an enormous escalation in the trade war https://t.co/IUbJzYjLIH
  • President Trump is expected to delay auto tariff decision for 6 more months according to Politico $DAX $SPX
  • President Trump is expected to delay auto tariff decision for 6 more months according to Politico $DAX $SPY
  • The IG Client Sentiment Report details changes in trader positioning and provides insight on a market's bullish or bearish bias Full Report: https://www.dailyfx.com/sentiment-report https://t.co/SeyIxrpJ5m
  • Retail CFD traders have ramped up the contrarian position behind gold. Long exposure is the highest in a long time and net longs the highest before markets broke higher in June https://t.co/Ramizg18ur
  • Sterling was little changed on the release and remains above 1.2800 against the US dollar for now. Where is $GBPUSD heading? Get your market update from @nickcawley1 here: https://t.co/wyExtLyBcu https://t.co/HfjJns4UbN
  • The @DailyFX Economic Calendar is jam-packed for the rest of the week with high-impact event risk and data releases on deck Full Calendar: https://www.dailyfx.com/economic-calendar https://t.co/8SjcIYb5Z0
  • US Stock Market Close: $SPX -0.20% $DJI +0.05% $NDX -0.22% $RUT -0.26% $VIX +5.55%
  • #Euro Price Forecast: Will #EURNOK Break 7-Year Uptrend? https://www.dailyfx.com/forex/technical/article/special_report/2019/11/08/Euro-Price-Forecast-Will-EURNOK-Break-7-Year-Uptrend.html
  • #Forex Market Update: $EURUSD: 1.1034 (+0.13%) $GBPUSD: 1.2853 (+0.61%) $USDJPY: 109.03 (-0.22%) $AUDUSD 0.6852 (-0.08%) $NZDUSD: 0.6364 (+0.59%) $USDCAD: 1.3222 (-0.03%) $USDCNH: 7.0066 (+0.27%)
Shor NZD/CHF

Shor NZD/CHF

2011-05-31 20:16:00
Michael Boutros, Technical Strategist
Share:

Looking to short NZD/CHF with a test of the 0.7050 resistance level or just shy of (in at 0.7041). As mentioned in last week's scalping report, the pair has continued to range between 0.6950 and 0.7050. Event risk for the pair is limited until Thursday's New Zealand building permits, which are expected to show some weakness-Helping this scalp. Short targets are set at the 0.70-handle, 0.6980, and 0.6950. With the kiwi strength seen in the last few days, stops are tight at 0.7070 (20pips) and 0.7090 (40pips).

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.