I think that the resistance level at 1.0608 and the 38.2 level of fibonacci ratios at 1.0698 will make the price fall down, that's why we should look only for short opportunities.
Thread: Aud/Nzd
I think that the resistance level at 1.0608 and the 38.2 level of fibonacci ratios at 1.0698 will make the price fall down, that's why we should look only for short opportunities.
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I think that the price will fall down more after breaking the support level at 1.0623, that's why we can get in short position with take profit at 1.0528.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I think that the price will fall down more after breaking the support level at 1.0623, that's why we can get in short position with take profit at 1.0528.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Spoiler:
Daily Forecast
Pair: AUDNZD
Major Trend: Bearish
Time Frame: Daily
Reason: There is a broken support, but has not been corrected by the market at the price of 94.58. The price will likely correction, before continuing bearish movement.
Recommendation: Buy now denhgan targets 94.58
Last edited by ducd3vaizo; 2015-01-27 at 11:28 AM.
Dear Aud/Nzd aik acha currency pair hai our aik trader kuch din is par hardworking kr ke is se earning strat kr skta hai.is pair ki movement normal hi hoti hai our kisi big news ma hi market movement heavy hoti hai.
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pair- aud/nzd
time frame to analysis- m30
the price has been break the supporting trend line at 1.0709 level and falling down side. its making correction from the support at 1.0636 level but now again in down side. short with take profit at 1.0580 and stop loss at 1.0680
good luck
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AUDNZD Analysis & Signals 23/01/15
Order SELL BELOW
Type SELL LIMIT
Sell at 1.0665
Take Profit at 1.0605
Stop Loss at 1.0704
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I think that we can put a sell limit order at the resistance level at 1.0752 with take profit at 1.0565.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Daily Forecast
Pair: AUDNZD
Major Trend: Bearish
Time Frame: Daily
Reason: Pivot point today is at the price of 95.83, and the market has not touched that area. Predicted there is still potential for a return to the top of the candle because seblumnya not have a shadow on it.
Recommendation: Sell limit at 95.83 with a target price of 94.68, or buy limit at 94.68
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I think that this is a good opportunity to get in short position from the 38.2 level of fibonacci ratios at 1.0711 with take profit at 1.0351.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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