NZD - BULLISH
1️⃣ Sentiment was boosted after the Global Dairy Trade’s price index surged 15% compared to the previous auction, its eighth consecutive price rise as whole milk powder prices rose 21% to a seven-year high.
2️⃣ New Zealand’s central bank is in no rush to tighten monetary policy, assistant governor Christian Hawkesby said on Tuesday, as he sought to temper market speculation of a quicker end to stimulus and a move towards a hike in interest rates.
CHF - BEARISH
1️⃣ Expectations of a robust economic revival fueled by the rapid rollout of vaccines and additional fiscal spending raised investors’ appetite for riskier assets.
2️⃣ Positive risk tone weighing on the safe-haven CHF.
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Technical
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We are looking to buy the NZDCHF on support + above SMA 50 on the H1 chart.
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Risk to this trade
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A change in sentiment could turn the pair's direction.
1️⃣ Sentiment was boosted after the Global Dairy Trade’s price index surged 15% compared to the previous auction, its eighth consecutive price rise as whole milk powder prices rose 21% to a seven-year high.
2️⃣ New Zealand’s central bank is in no rush to tighten monetary policy, assistant governor Christian Hawkesby said on Tuesday, as he sought to temper market speculation of a quicker end to stimulus and a move towards a hike in interest rates.
CHF - BEARISH
1️⃣ Expectations of a robust economic revival fueled by the rapid rollout of vaccines and additional fiscal spending raised investors’ appetite for riskier assets.
2️⃣ Positive risk tone weighing on the safe-haven CHF.
=====
Technical
=====
We are looking to buy the NZDCHF on support + above SMA 50 on the H1 chart.
======
Risk to this trade
======
A change in sentiment could turn the pair's direction.
Order dibatalkan
DELETE PENDING ORDERNZDJPY hit Pending order first.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.