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pair- eur/nzd
time frame- m15
technical analysis-
http://i58.tinypic.com/20u9vgo.jpg
the down movement of the price has been break the supporting trend line at the 1.6700 level and moved to the lower support at 1.6539 level. the cci indicator is also showing oversold as moving below the -100. its up movement as correction can expected. hold the short entry with stop loss at 1.6650
good luck.
The trading rang is among the major support @ 1.7630 and the key of resistance @ 1.78.
The general over short term basis is to the upside targeting 1.7740 as far as area of 1.78.
Made a pair price in recent trading fluctuation clear both sides of its stability on the level of 1.6550 from his conflict of key indicators, but we would like to recall that the price stability without broken support now extends towards 1.6870 makes us stick to control downside bias for the coming period and we remain awaiting assembly price for the determination of negative new supports to try the price reaches the level of 1.6350 down to the level of 23.6% Fibonacci-based and towards 1.6165.
http://i.imgur.com/GQbvKjv.png
pair- eur/nzd
time frame- m15
technical analysis-
http://i61.tinypic.com/212e8ec.jpg
the up movement of the price has been break the resistance at 1.6572 level but the divergen of macd and cci indicator is moving down. the price may be not able to break resistance at 1.6612 and will again down side. short with profit target at 1.6445 and stop loss at 1.6620
good luck.
Trend: Bearish. Market still has not touched the Fibonacci 161.8 which is at 1.6439. May still correction at 1.6622 which is the previous support area.
Recommendation: Sell
Trend: Bullish. Market opening Asian session, opened with a high volume. It is predicted that the market will still be a correction at 1.6935 or until it hits the Bollinger band is conical at 1.6834, before returning to the bullish trend
Recommendation: Buy
Trend: Bearish Correction. The first daily support at 1.6910 can not be penetrated by the market. Then the next, the market will touch the pivot point at 1.7000, and because there is a candle that has no shadow, then the target is located at 1.7077
Recommendation: Buy
eur/nzd bahut he jada up one month me hua hai kyunki nzd ka currency bahut he weak apne dairy auction ko lekar hua hai aur abhi esme up he kahan ja raha hai lekin ye pair bahut he jada volatile hai..
After the break strong resistance at 1.6869, while the current market is above daily resistance first, then certainly next target is at 1.6985, but needed correction at 1.6869
Recommendation: Buy
I think that we can get in long position from the 50.0 level of the ficonacci ratios at 1.6876 with take profit at the resistance level at 1.7060.
http://i.imgur.com/XShpVSe.png
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