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Today on 03rd October 2019
Fundamental and Technical Analysis of the pair:- Gbp/Nzd
Today Market Trend is : Bearish
Resistance……………………>1.9653
Resistance …………………..>1.9728
Resistance…………………..>1.9854
Support…………………….1.9542
Support…………………….1.9431
Support……………………1.9387
बहुत बहुत धन्यवाद
gbp/nzd
Today this pair of Market trends & technical Analysis justified for me.
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing.
All technical and fandamantal follow the SELLYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading.
Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
Gbp/Nzd ka Analysis:
Pivot Point = 1.9625
Support 1 = 1.9622
Support 2 = 1.9607
Support 3 = 1.9584
Resistance 1 = 1.9627
Resistance 2 = 1.9655
Resistance 3 = 1.9677
Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.
Japan will announce the preliminary reading of economic growth in the second quarter of 2019 on August 8. Market participants expect the Japanese economy to slow down quite badly. Market consensus gathered by Reuters estimates that the quarterly annualized economy of the Rising Sun Country is 0.4%.
Slower than the quarter I-2019 which is 2.2%. Understandably, Japanese exports have contracted alias dropped for seven consecutive months due to the trade war of the United States (US) -China and a slowdown in the global economy. Japan's trade friction with South Korea made things even more complicated.
Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%.
The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.
Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.
In July, exports of the Bamboo Curtain country were estimated to contract 2.2% YoY, 7.6% YoY imports, and a trade balance surplus of US $ 37.49 billion, citing the consensus of Trading Economics. This data is important because it can determine the direction of US-China trade negotiations.
Yes, investors also seem obliged to continue to monitor the development of US-China trade relations that are getting hot again. Because, China will reply if the US really imposed the import duty. Instead of trade peace, the US-China will instead lead to the umpteenth volume of trade war.
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
GBP NZD specialized investigation market exchanging
Today investigation pattern : sell
The present cost and past expense is giving a straight signel that market will go down in business..
Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....
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.
GBPNZD Trend is up
1 Resistance level: 1.9465
2 Resistance level: 1.9386
3 Resistance level: 1.9291
1 Supporting level: 1.9132
2 Supporting level: 1.9024
3 Supporting level: 1.8918
Gbp/Nzd
Resistance level
Resistance level 1.1.9465
Resistance level 2.1.9386
Resistance level 3.1.9291
Supporting level
Supporting level 1.1.9132
Supporting level 2.1.9024
Supporting level 3.1.8918