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After understanding the analysis I am trying to discuss Gbp/Nzd pair today.
After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.
Trading recommendation for a big profit is… ( buy )
I use the moving average for analysis
Moving Average (period 60) Red: state
Moving Average (Period 10) Yellow: up
Moving Average: (Period 200) green: state
Crossing Point:1.8929
End point of today market: 1.8923
technical analysis of this pair gbp/nzd is bearish trend today.
1. Resistance level is.
1st. 1.9032
2nd. 1.9143
3rd. 1.9232
2. Supporting level is.
1st. 1.8845
2nd. 1.8750
3rd. 1.8640
Today's Technical Overview shows that the market graph of pair has bearish trend and is in BUY position.
--Current rate of pair is 1.8938
--Trade recommendation is "BUY" today.
--I recommend Sell trade to the point 1.8980
Resistance and supporting level is Gbp/Nzd is sell
1, Resistance is : 1.8951
2, Resistance is : 1.8962
3, Resistance is : 1.8972
1, Supporting is : 1.8919
2, Supporting is : 1.8908
3, Supporting is : 1.8898
this is my analysis for GBPNZD pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 1.8967 and the pair will continue to go up to the next resistance level at 1.8992
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 1.8962 , stop loss at the level 1.8927 target take profit at the level 1.9007
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
Gbp/Nzd technical analysis is Bullish
1. Resistance Level:1.8954
2. Resistance Level:1.8967
3. Resistance Level: 1.8978
1. Supporting Level: 1.8916
2. Supporting Level: 1.8901
3. Supporting Level: 1.8887
Daily updates for the pair --- Gbp/Nzd
this pair always gives me a good profit on every trade .today its move is much better than previous .The money management of the trading trend is very effective for getting profits with the stop loss and take profits method of getting with current trade position.
Today Trend for this pair is : buy
overall up movement; 1.8950
over all Down movement : 1.8856
running point of today market; 1.8924
My judgments always make me to control the forex market movement. But please you always put a take loss in your trade for reduce your risk. Best of Luck
Resistance and Supporting
Gbp/Nzd trend is buy
1-Resistance : 1.8946
2-Resistance : 1.8959
3-Resistance : 1.8972
1-Supporting : 1.8902
2-Supporting : 1.8879
3-supporting : 1.8866
resistance3: 2.0076
resistance2: 2.0021
resistance1: 1.9989
Key point: 1.9910
support1: 1.9856
support2: 1.9801
support3: 1.9765
Buy : 1.9915
Short target: 1.9976
Long target: 2.0021
Today's market technical analysis for GBP/NZD
Price 1.8900
Market trend is going bearish
Market have good trading position for the sell traders
Market resistance and support levels could are:
1-Resistance level = 1.8915
2-Resistance level = 1.8925
3-Resistance level = 1.8933
1-Support level = 1.8887
2-Support level = 1.8877
3-Support level =1.8867