predictions for the day.
trading is risky if no analysis is done
GBP/NZD - is the currency pair we will be focusing on
major low levels also known as supports 1.9701
major high levels also known as resistance - 1.9792
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predictions for the day.
trading is risky if no analysis is done
GBP/NZD - is the currency pair we will be focusing on
major low levels also known as supports 1.9701
major high levels also known as resistance - 1.9792
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So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.
Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
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Pair: gbp.nzd
Today indicators shown bearish short terms trend.
Pivot Point : 9748
Supporting Levels:
Support 1: 9728
Support 2: 9708
Support 3: 9688
TREND: BULLISH
Resistance Levels:
Resistance 1: 1.9768
Resistance 2- 1.9788
Resistance 3: 1.9808
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends
Gbp/Nzd > BEARISH
PIVOT POINT > 1.9766
S1 > 1.9721
S2 > 1.9693
S3 > 1.9647
R1 > 1.9811
R2 > 1.9839
R3 > 1.9885
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.
British pound / new zealand dollar
gbpnzd
1.97580
nzd
+0.00100 (+0.05%)
market open (jan 07 23:50 utc-5)
1.97480
prev
1.97480
open
81.671k
volume
1.97275 — 1.98187
day's range
My dear the technical analysis of this pairs and the trend of this pairs Gbp/Nzd is bullish.
The following resistance and supporting level of this pairs is as under.
The resistance level of this pairs.
01. Resistance level is=1.9820
02. Resistance level is=1.9870
03. Resistance level is=1.9930
The supporting level of this pairs.
01. Supporting level is=1.9690
02. Supporting level is=1.9640
03. Supporting level is=1.9570
For Japanese Yen
While there were no material stats to provide direction, the news from overnight and early this morning drove demand for the Yen.
At the time of writing, the Japanese Yen was up by 0.69% to ¥107.69 against the greenback.
For the Aussie Dollar
Building approvals jumped by 11.8% in November, month-on-month, reversing an 8.1% slide in October. Economists had forecast a 2.1% increase.
The Aussie Dollar moved from $0.68530 to $0.68552 upon release of the figures, before pulling back. At the time of writing, the Aussie Dollar was down by 0.24% to $0.68529, with the risk-off sentiment weighing.
For Japanese Yen
While there were no material stats to provide direction, the news from overnight and early this morning drove demand for the Yen.
At the time of writing, the Japanese Yen was up by 0.69% to ¥107.69 against the greenback.
For the Aussie Dollar
Building approvals jumped by 11.8% in November, month-on-month, reversing an 8.1% slide in October. Economists had forecast a 2.1% increase.
The Aussie Dollar moved from $0.68530 to $0.68552 upon release of the figures, before pulling back. At the time of writing, the Aussie Dollar was down by 0.24% to $0.68529, with the risk-off sentiment weighing.