Gbp/Nzd

[totaa]

The last sign manifest on the 1H chart of GBPNZD was a bullish signal because of the brain trend indicator which currently has a up arrow that drawn on the chart below the candles and also shows the best support can be located near the red line near 2.16 In the other hand the RSI indicator have a signals that confirms with the upward way it keeps above the level 50th on the center to end us up having a two equal signal to enter the buy orders and then the best decision for this case is to enter the trades as soon as possible When talking about the trade target I do think that the resistance which could be found at the price 2.18 is a totally strong and the cost might be found some troubles when it reaches it which make it a proper place to disuse the trade and waiting for the Price activity within this scale.

[m.magdy]

Great brittian pound was nuziland doller is at risky stage for trading at that time. Because nzd is at mixxed dituation to move up or move down. So no one can able to suggest that whats happend at next stage. So my oppionion is that to kept him away from it and doing trading freely.

[nour.mohamed]

After Today opening the price heads below the Trendline marker and leads the deal to a downward direction and then the price seems to start falling audition the upcoming support standard at 2.121 locating the next objective. In addition to the bearish trend still not affirmed by the arrangement of pattern pointers as they don't have all a bearish signal so we can say the move is very likely week at the moment. By the way the TDI indicator holds near the lower edge and have a buy signal which could be a excellent warning concerning thoughts of entry with such a bearish point to be settled with the change of the bullish signal.

[nour.mohamed]

In the late opening of today the price came above the Trendline marker and leads the market to a upward orientation and for the price to commence rising to test the cutting-edge resistance stages at 2.1005 as the next mark move. On the other way the bullish direction still still not confirmed by the group of signals that came by the index as they don't have all a bullish way that we assume the next move to be week right now. by the way the TDI pointer holds close to the lower border and have a buy signal which could be a positive warning for the thinking of joining with the bullish direction till it changed the bearish signal.

[m.magdy]

The digits for the GBPNZD stays moving below the Ichimoku Cloud which as seen on the chart have an blue color right now and no doubt that we will then consider that our long term movement is bearish and go straight for the next support levels that sets near 2.102 qoutes.
Also whithin this direction there are bullish signal at the two lines of Kijun sen and the Tenken sen as the tenken sen which colored in green moves above the kijun sen line which have the red color then we can be aware about being through a week move because it?s direction goes against the main trend.
2.102 At this condition the support line founded at 2.104 have a great chance to be hit just to let the main target 2.102 attained.

[nour.mohamed]

After the present launch of the price heads below the Trendline meter and leads the market to a downward course and after that the value appears to begin falling to investigation the upcoming support ****es at 2.102 locating the next objective. In addition to the bearish pattern still still not affirmed by the arrangement of pattern pointers as they don't have all a bearish point so we can say may be it?s going to be week at the moment. By the way the TDI indicator holds near the middle edge and have a sell point to be held as a good confirmation for the thinking of step inside with the bearish point to be settled with the change of the bullish point.

[m.magdy]

The price of the GBPNZD stays moving below the Ichimoku Cloud and also there are an apperiance of the orange color for the moment to set the main long term direction to be bearish targeting the upcoming priceses near the support zone which located at 2.0945 prices.
You can also mention the bearish signal at the two lines of Kijun sen and the Tenken sen as the tenken sen which colored in green moves below the red kijun sen line then we can be informed about being in a strong move due to this signal which goes with the previous trend of the Cloud.
2.0945 Finally I think due to this situation the support line founded at 2.0965 have a big opportunity to be hit before the target of 2.0945 got reached by the price.

[nour.mohamed]

The head start for today follows a change in price which turned up above the Trendline marker and drives the business sector to a upward orientation and for the price to commence rising to test the up and coming resistance average at 1292.5 as the following target move. then again the bullish direction still still not confirmed by the set of trend signals as they don't have all a bullish signal so we can say the step is probably week right now. by the way the TDI pointer stays near the middle edge and have a buy signal which could be a good warning for the thinking of entering with the bullish orientation till it sets to a bearish signal.

[m.magdy]

you can get from the chart that the prices of the GBPNZD persist moving above the Ichimoku Cloud in additonal to the appeariance of the orange color that may indicates that the long term trend may be currently sets as bullish targeting the next resistance zone that founds at 2.09 prices.
Within the main direction there are a bearish signal at the two lines of Kijun sen and the Tenken sen as the tenken sen which colored in green moves below the red kijun sen line then we can be informed about being in a week direction as the cross comes against the trend.
2.083 In this case the resistance area that founded at 2.0865 have a great chance to be hit just to let the main target 2.09 attained.

[ng1985]

pair- gbp/nzd
time frame- daily

technical analysis-



the up movement of the price is not able to break resistance trend line. the price making doji pattern so price may continue moving in the major trend side. this may again hold at the support 2.0570 level. short with the stop loss above 2.1575
good luck