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today's market technical over view for gbp/nzd
according to market technical analysis the market have buy trend
the market trend could remain in this position
expected resistance and support levels
market price ----------1.9718
1- Resistance level----------1.9758
2- Resistance level----------1.9805
3- Resistance level----------1.9845
1- Support level-------------1.9670
2- Support level-------------1.9631
3- Support level-------------1.9583
Pivotal Points: 1.9755
Resistance 3: 1.9876
Resistance 2: 1.9838
Resistance 1: 1.9793
Support 1: 1.9710
Support 2: 1.9668
Support 3: 1.9627
GBPNZD pair shows the movement up to the top with a target 2.0040 resistance. With expectations continue to receive support from the 1.9990 pivot point. But the possibility of turning bearish 1.9930
pair- gbp/nzd
chart analysis time frame- m30
the up movement of the price is moved to the resistance at 1.9917 level and making the triple top chart pattern. this may be again down side as the daily resistance is also rejecting. if its close below the 1.9882 level then make short entry with profit target at 1.9770 and stop loss at the 1.9950
good luck
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.
Because nzd is at mixxed dituation to move up or move down. So no one can able to suggest that whats happend at next stage. So my oppionion is that to kept him away from it and doing trading freely.pound was nuziland doller is at risky stage for trading at that time. Because nzd is at mixxed dituation to move up or move down. So no one can able to suggest that whats happend at next stage. So my oppionion is that to kept him away from it and doing trading freely
bearish trend seems to be taking place on the GBPNZD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A sell signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bearish trend, now current price at 1.9726 and strong resistent at level 1.9748 in hourly time frame. there is possible chance price will move to up side. then next low price is 1.9675
I suggest to entry SELL with stoploss at 1.9676 and take profit at 1.9761
use higher timeframe is very important because it always helps you to enter in the direction of current trend . using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. I hope you can earn consistent profit from my signal, good luck and doing trade like a boss.
Currency Pair: Gbp/Nzd
Hour 4 Trend: Buy
Support and Resistance levels:
Support 1=====> 1.9721
Support 2=====> 1.9717
Support 3=====> 1.9703
Resistance 1=====> 1.9737
Resistance 2=====> 1.9744
Resistance 3=====> 1.9758
this is my analysis for GBPNZD, hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 1.9693and the pair will continue to go down to the next level level at 1.9671in my personal view this pair will be continue bullish trend, for intraday trading today I suggest
SELL at the level 1.9702 stop loss at the level 1.9657and target take profit at the level 1.9737
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend
GBP/NZD Is Buy.
Resistance 1.9737
Resistance 1.9744
Resistance 1.9758
Support 1.9729
Support 1.9719
Support 1.9705