empty
19.09.2023 03:02 PM
Tips for trading NZD/CHF

This image is no longer relevant

The previous trading plan for NZD/CHF pointed at a potential price increase in the pair.

This image is no longer relevant

As expected, quotes rose today and broke through the mirror level of 0.53.

This image is no longer relevant

Congratulations to everyone who followed the strategy. The pair moved by as much as 1,000 pips. Close short positions now to gain profit.

To maximize profit, hold until the next mirror level of 0.54231.

This trading idea follows the framework of the "Grid Trading" method.

Good luck in trading and don't forget to control the risks! Have a nice day.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Andrey Shevchenko
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

How to Trade the GBP/USD Currency Pair on November 5? Simple Tips and Trade Breakdown for Beginners

The GBP/USD pair continued its downward movement on Tuesday. This time, the decline of the British currency was "provoked" by a new speech from the UK Chancellor of the Exchequer

Paolo Greco 06:30 2025-11-05 UTC+2

How to Trade the EUR/USD Currency Pair on November 5? Simple Tips and Trade Breakdown for Beginners

The EUR/USD currency pair continued to slide downward on Tuesday without any compelling reasons. During the past day, the only significant event was the speech by Christine Lagarde, the President

Paolo Greco 06:30 2025-11-05 UTC+2

Trading Recommendations and Trade Analysis for GBP/USD on November 5. The Market Awakens an Intense Love for the Dollar

The GBP/USD currency pair traded lower again on Tuesday, without any apparent reason. Throughout Tuesday, there were no significant macroeconomic reports or important events in either

Paolo Greco 02:46 2025-11-05 UTC+2

Trading Recommendations and Trade Analysis for EUR/USD on November 5. Euro Shows No Signs of Stopping

The EUR/USD currency pair continued to trade lower on Tuesday. Volatility was somewhat higher this time, at an average level, but there was no logic behind the movements. The euro

Paolo Greco 02:46 2025-11-05 UTC+2

How to Trade the GBP/USD Currency Pair on November 4? Simple Tips and Trade Analysis for Beginners

On Monday, the GBP/USD pair made yet another attempt to break through the level of 1.3107, resulting in a third bounce. However, traders are not giving up and will attempt

Paolo Greco 07:06 2025-11-04 UTC+2

How to Trade the EUR/USD Currency Pair on November 4? Simple Tips and Trade Analysis for Beginners

On Monday, the EUR/USD currency pair continued its downward movement with minimal volatility. The low volatility observed in recent weeks did not raise any concerns, as important macroeconomic reports have

Paolo Greco 07:06 2025-11-04 UTC+2

Trading Recommendations and Trade Analysis for GBP/USD on November 4. The Pound Continues to Crawl

The GBP/USD currency pair on Monday attempted for the third time to break through the updated support level at 1.3115. There were again no grounds for the decline

Paolo Greco 02:04 2025-11-04 UTC+2

Trading Recommendations and Trade Analysis for EUR/USD on November 4. ISM Index Did Not Help

The EUR/USD currency pair traded with less than 40 pips of volatility on Monday. This article could almost end here, as it is clear that no macroeconomic report

Paolo Greco 02:04 2025-11-04 UTC+2

How to Trade the GBP/USD Currency Pair on November 3? Simple Tips and Trade Analysis for Beginners

The GBP/USD pair continued its downward movement on Friday but bounced back by the end of the day. As a reminder, the British pound has been falling for an entire

Paolo Greco 06:29 2025-11-03 UTC+2

How to Trade the EUR/USD Currency Pair on November 3? Simple Tips and Trade Analysis for Beginners

The EUR/USD currency pair continued its downward movement on Friday for somewhat dubious reasons. On the last trading day of the week, the only event that might have interested novice

Paolo Greco 06:29 2025-11-03 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.