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Daily Forecast
Pair: EURNZD
Major Trend: Bullish
Time Frame: Daily
Reason: There is a resistance which is now a daily pivot at 1.5268 price. Predicted price will correction to the area, before continuing upward movement.
Recommendation: Buy Limit at 1.5268
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I think that we can get in short position from the 38.2 level 1.5406 with take profit at 1.4780.
http://i.imgur.com/eyiGXJa.png
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pair- eur/nzd
time frame to analysis- m30
http://i62.tinypic.com/flecth.jpg
the cci indicator is moving below the -100 level and the price having resistance of moving average 50 at the 1.5120 level. the price will be continue down side. hold the short entry with profit target at 1.4842 and stop loss at 1.5035
good luck
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Daily Forecast
Pair: EURNZD
Major Trend: Bearish
Time Frame: Daily
Reason: Market still bearish trend will continue. This bullish pattern only correction at 1.5433 area for the previous movement. Seen from RSI (14) is still under line 50
Recommendation: Sell now
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I think that the resistance level at 1.5086 will make the price fall down more, that's why we can get in short position with take profit at 1.4783.
http://i.imgur.com/B4ZY34o.png
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As we can see in the monthly chart, the price is at the support level at 1.4970, that's why we should wait until the price break it than we get in short position with take profit at 1.3589.
http://i.imgur.com/8Nllooy.png
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To day support and resistance date.26/1/2015
Resistance 1:1.5060
Resistance 2:1.5095
Resistance 3:1.5122
Power pivot:1.5020
Support 1:1.4985
Support 2:1.4950
Support 3:1.4914
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.
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analysis for today 1 / 26 / 2015
EURNZD
Resistance : R1 1.5046 R2 1.5071 R3 1.5091 R4 1.5121
Support : S1 1.5060 S2 1.5035 S3 1.5015 S4 1.4985
Open : 1.4991
High : 1.5135
Low : 1.4971
Range : 0.0164 Pips
Running Price : 1.5071
Strategy : BUY at the level 1.5071
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Daily Forecast
Pair: EURNZD
Major Trend: Bearish
Time Frame: Daily
Reason: It is clear that marmket have correction in the price of 1.5131. Furthermore, the price predicted by the Stochastic and RSI will go down. The likelihood of achieving the support area at 1.4856
Recommendation: Sell now
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This is a good opportunity to get in short position from the 61.8 level of fibonacci ratios at 1.5218 with take profit at 1.4971.
http://i.imgur.com/j2qDL1K.png