Today's my technical analysis of Gbp /nzd
Resistance and Supporting levels :
Pivot Point: 1.9780
Support 1: 1.9740
Support 2: 1.9710
Support 3: 1.9670
Resistance 1: 1.9810
Resistance 2: 1.9850
Resistance 3: 1.9880
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Today's my technical analysis of Gbp /nzd
Resistance and Supporting levels :
Pivot Point: 1.9780
Support 1: 1.9740
Support 2: 1.9710
Support 3: 1.9670
Resistance 1: 1.9810
Resistance 2: 1.9850
Resistance 3: 1.9880
Great brittian 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.
Gbp/Nzd Today's Technical Analysis;
Pivot Point: 1.9727
Moving Average; Buy
Support 1: 1.9702
Support 2: 1.9686
Support 3: 1.9677
Resistance 1: 1.9718
Resistance 2: 1.9733
Resistance 3: 1.9748
A rebound in the New Zealand (NZD) and Australian dollars (AUD) on the global foreign exchange markets has raised the prospect that the recent losses for the commodity currencies has come to an end.
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
bullish 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 buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal. This pair can continue bullish trend, now current price at 1.9431 and strong support in hourly time frame at level 1.9453 there is possible chance price will move to up side. then next high price is 1.9380
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 1.9671 and the pair will continue to go down to the next level level at 1.9649 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry SELL Order at the level 1.9680 stop loss at the level 1.9635 and target take profit at the level 1.9715
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 Today's Technical Analysis;
Pivot Point: 1.9727
Moving Average; Buy
Support 1: 1.9702
Support 2: 1.9686
Support 3: 1.9677
Resistance 1: 1.9718
Resistance 2: 1.9733
Resistance 3: 1.9748
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 1.9696 and strong resistent at level 1.9718 in hourly time frame. there is possible chance price will move to up side. then next low price is 1.9645, I suggest to entry SELL with stoploss at 1.9646 and take profit at 1.9731
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.
In the late opening of today the price came above the Trendline marker and leads the market to a upward orientation and for the price to commence rising to test the cutting-edge resistance stages at 2.1005 as the next mark move. On the other way the bullish direction still still not confirmed by the group of signals that came by the index as they don't have