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it depends on the skill of the traders... If a trader can get much knowledge of trading withou any help of a teacher, then he can get money and success in forex.. Forex trading is a place where we have to , trade and practic trading so that we can gain success... But the need f a teacher is allso must fore a proper learning of forex.
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GBP/NZD
As expected, the courts have failed on the upper limit of the range to JPY 135.5 then rally support for 132 . Despite lower shadows (wicks) under 132 , no fence is made below, which reinforces the veracity of this level and the fact that buyers are in this price area. In other words, as long as the recent lows at 131.25 will not be crossed, a return to the upper limit of the range is possible . Conversely exceeded the latter would lead the pair to its lowest annual.
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Woodie's pivot point calculation
time frame = Daily
pair = gbp/nzd
Date = February 26. 2014
Resistance 2 = 2.0137
Resistance 1 = 2.0086
Pivot point = 2.0021
Support 1 = 1.9970
Support 2 = 1.9905
hopefully can help your trading
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Technical analysis of Gbp/Nzd is bearish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1.87932
2> Resistance level is: 1.88124
3> Resistance level is: 1.88263
Supporting level is
1> Supporting level is: 1.87622
2> Supporting level is: 1.87485
3> Supporting level is: 1.87272
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my analysis of Gbp/Nzd
Resistance and Supporting level today,s
Today Trend is:bullish
Resistance level today,s is
First Resistance is:1.8794
Second Resistance is: 1.8810
Third Resistance is: 1.8829
Supporting levels today,s is
First Support is: 1.8749
Second Support is:1.8730
Third Support is:1.8705
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I try to make analysis for eurgbp pair today.Gbp/Nzd
Recommendation Trend is :Sell
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :1.8853
2 Resistance level :1.8906
3 Resistance level :1.8853
Support level
1 Support level : 1.8681
2 Support level : 1.8628
3 Support level : 1.8542
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
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Gbp/Nzd
analysis for today 12 / 17 / 2013
My daily trading,I hope the day is a success ...
GBP/NZD (Daily Trade)
Resistance : R1 1.9752 R2 1.9777 R3 1.9797 R4 1.9827
Support : S1 1.9674 S2 1.9649 S3 1.9629 S4 1.9599
Open : 1.9737
High : 1.9749
Low : 1.9677
Range : 72 Pips
Running Price : 1.9702
For intraday trade today suggest SELL at the level 1.9702 stop loss at the level 1.9752 target take profit at the level 1.9629 or at the level 1.9599
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Gbp/Nzd
Resistance and Supporting level today,s
Today Trend is:bullish
Resistance level today,s is
First Resistance is:1.8794
Second Resistance is: 1.8810
Third Resistance is: 1.8829
Supporting levels today,s is
First Support is: 1.8749
Second Support is:1.8730
Third Support is:1.8705
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Gbp/Nzd
Resistance and Supporting level today,s
Fibonacci pivot point
Pair = GBPNZD
Resistance 3 = 1.9867
Resistance 2 = 1.9815
Resistance 1 = 1.9788
Pivot Point = 1.9736
Support 1 = 1.9684
Support 2 = 1.9656
Support 3 = 1.9607
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Currency pair is : Gbp/Nzd
Trend is : buy
Resistance and supporting level of this pair is :
Resistance level of this pair is:
1# Resistance is: 1.8790
2# Resistance is: 1.8808
3# Resistance is: 1.8825
Supporting level of this pair is :
1# Supporting is: 1.8762
2# Supporting is: 1.8749
3# Supporting is: 1.8738