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market technical analysis for currency pair
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Nzdusd
market have buy position today
resistance and support levels will remain as?
current price this time+ 0.6604
Resistance level 1 : 0.6623
Resistance level 2 : 0.6644
Resistance level 3 : 0.6678
Support level 1 : 0.6579
Support level 2 : 0.6552
Support level 3 : 0.6526
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
The New Zealand Dollar could edge higher by 150 basis points against the US Dollar within the following trading sessions. Most likely, the 200- period SMA could continue to provide support for the NZDUSD pair.
Market trand sell.
pair sell ka ban gya hai market kafi up hoii hai and ab
down ki traf movement kar rahi hai so main ye suggest karun ga k humain
trade sell ki laga deni chahie ye humary lie kafi faidy mand sabit ho sakti
hai or last 8 hrs ka chart dekha jaye to saaf pata chalta hai
market up ho k ab down ki traf movement kar rahi hai Good Luck.
Nzdusd
new zealand dollar / u.s. Dollar
0.66092
usd
−0.00266 (−0.40%)
market closed (jan 17 16:59 utc-5)
0.66358
prev
0.66358
open
88.399k
volume
0.66071 — 0.66508
day's range
In the process of a corrective rally since basing out by 0.8000 several days back, with the market rallying back above 0.8500. However, any additional gains from here are seen as limited with a lower top sought out somewhere around 0.8500 in favor of the next major downside extension and bearish resumption
is pair ne kal hi apna 1 bahut strong resistance .8270 ko break kiya hai...ye 1 bahut purana aur strong resistance tha is pair ka..
isko break karnek e baad isne fir down trend ke option diye h ai lekin i think iske signals ko aur clear hone ka wait karna chahiye kyunki isne abhi apna resistence toda hai
Nzdusd
new zealand dollar / u.s. Dollar
0.66092
usd
−0.00266 (−0.40%)
market closed (jan 17 16:59 utc-5)
0.66358
prev
0.66358
open
88.4k
volume
0.66071 — 0.66508
day's range
Hi traders
Today by checking the all routine of the chart and indicator I have come to know that on Monday we should choose the option of sell for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friends.
My all best wishes are with you .
Forex is a tree of money also it's a risk so trade on your own risk.
Pivot, Resistance Levels and Support Levels for
NZD / USD For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 0.670
Resistance Level (R2): 0.668
Resistance Level (R1): 0.664
Pivot Point: 0.662
Support Level (S1): 0.659
Support Level (S2): 0.657
Support Level (S3): 0.653