Gbp/Nzd

http://prntscr.com/3ro5le
analysis for today 6 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 6 / 10 / 2014
OPEN 1.9777
HIGH 1.9780
LOW 1.9643
CLOSED 1.9647

The third resistance (R3) 1.9780 -( 1.9690 - 1.9643 = 0.0047 x 2 = 0.0094 )= 1.9874
The second Resistance (R2) 1.9690 + 1.9780 - 1.9643 = 1.9827
First resistance (R1) 1.9690 x 2 = 3.9380 - 1.9643 = 1.9737
pivot points 1.9780 + 1.9643 + 1.9647 = 5.9070 / 3 = 1.9690
Support for the first (S1) 1.9690 x 2 = 3.9380 - 1.9780 = 1.9600
Support second (S2) 1.9690 -( 1.9780 - 1.9643 = 0.0137 ) = 1.9553
Third Support (S3) 1.9643 -( 1.9780 - 1.9690 = 0.0090 x 2 = 0.0180 )= 1.9463

pair- gbp/nzd
chart analysis time frame- m30

http://i60.tinypic.com/2nuqahi.jpg

the cci indicator is moving above the +100 level and in the price chart it is not able to move below the daily support at 1.9550. the price making correction and may again down side from the fibo resistance 38.3 level at the price 1.9655 level. hold the short entry with stop loss at 1.9675

good luck

http://prntscr.com/3rt4iu
analysis for today 6 / 11 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.9695
Retracement (50%) 1.9712
retracement (61,8%) 1.9728

Extensions (61.8%) 1.9558
Extensions (100.0%) 1.9506
Extensions (138.2%) 1.9454
Extensions (161.8%) 1.9421
calculation based on a Fibonacci retracement then today I choose sell

Having dropped more than 200 pips this morning because there was news of the NZD, the European session is GBPNZD will tend sideways, even if it's not going down that big, is likely to fall to 1.9300, if not so down then there will be a price reversal towards 1.9474

http://s14.postimg.org/vvfgf6xy9/bieela_2014_06_12.jpg

http://prntscr.com/3rzoij
analysis for today 6 / 12 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 6 / 11 / 2014
OPEN 1.9649
HIGH 1.9655
LOW 1.9558
CLOSED 1.9625

The third resistance (R3) 1.9655 -( 1.9613 - 1.9558 = 0.0055 x 2 = 0.0109 )= 1.9764
The second Resistance (R2) 1.9613 + 1.9655 - 1.9558 = 1.9710
First resistance (R1) 1.9613 x 2 = 3.9225 - 1.9558 = 1.9667
pivot points 1.9655 + 1.9558 + 1.9625 = 5.8838 / 3 = 1.9613
Support for the first (S1) 1.9613 x 2 = 3.9225 - 1.9655 = 1.9570
Support second (S2) 1.9613 -( 1.9655 - 1.9558 = 0.0097 ) = 1.9516
Third Support (S3) 1.9558 -( 1.9655 - 1.9613 = 0.0042 x 2 = 0.0085 )= 1.9473

http://prntscr.com/3s4wz0
analysis for today 6 / 12 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.9595
Retracement (50%) 1.9607
retracement (61,8%) 1.9618

Extensions (61.8%) 1.9498
Extensions (100.0%) 1.9461
Extensions (138.2%) 1.9424
Extensions (161.8%) 1.9401
calculation based on a Fibonacci retracement then today I choose sell

Very strong buy signal for GBPNZD this time, stoch indicator already showing buy and MA lines also cross, GBPNZD will likely continue to rise to the level of 1.9753 for the day.

http://s14.postimg.org/4y3wwf6u9/bieela_2014_06_13.jpg

http://prntscr.com/3safdd
analysis for today 6 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 6 / 12 / 2014
OPEN 1.9637
HIGH 1.9690
LOW 1.9355
CLOSED 1.9479

The third resistance (R3) 1.9690 -( 1.9508 - 1.9355 = 0.0153 x 2 = 0.0306 )= 1.9996
The second Resistance (R2) 1.9508 + 1.9690 - 1.9355 = 1.9843
First resistance (R1) 1.9508 x 2 = 3.9016 - 1.9355 = 1.9661
pivot points 1.9690 + 1.9355 + 1.9479 = 5.8524 / 3 = 1.9508
Support for the first (S1) 1.9508 x 2 = 3.9016 - 1.9690 = 1.9326
Support second (S2) 1.9508 -( 1.9690 - 1.9355 = 0.0335 ) = 1.9173
Third Support (S3) 1.9355 -( 1.9690 - 1.9508 = 0.0182 x 2 = 0.0364 )= 1.8991

Proved pound gains against the U.S. dollar on Thursday, amid growing expectations that the Bank of England to raise interest rates, boosting demand for sterling.

pair- gbp/nzd
chart analysis time frame- m30

http://i60.tinypic.com/9bat89.jpg

the cci indicator is moving down side from the level 100 and in the price chart its moving above the 1.9510 level. this may make down movement and pull up from the pivot support. hold the long entry with profit target at 1.9670 and stop loss at the 1.9470
good luck