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gbp-nzd is the great cash pair in the forex showcase its straightforward from the immediate sets of gbp and nzd yet its likewise unreasonably perilous for the new comer merchants reason for which is that its development is exceptionally quick from the immediate sets of gbp and nzd. be that as it may, its straightforward from the immediate sets
GBP/NZD (Daily Trade)
Resistance : R1 1.9752 R2 1.9777 R3 1.9797 R4 1.9827
Support : S1 1.9674 S2 1.9649 S3 1.9629 S4 1.9599
Open : 1.9737
High : 1.9749
Low : 1.9677
Range : 72 Pips
Gbp/Nzd
analysis for today 12 / 17 / 2013
My daily trading,I hope the day is a success ...
GBP/NZD (Daily Trade)
Resistance : R1 1.9752 R2 1.9777 R3 1.9797 R4 1.9827
Support : S1 1.9674 S2 1.9649 S3 1.9629 S4 1.9599
Open : 1.9737
High : 1.9749
Low : 1.9677
Range : 72 Pips
Running Price : 1.9702
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
The post-financial crisis and massive central bank stimulus that followed in developed nations has led to some of the lowest bond yields in history. In a move to find higher returns, cash has moved abroad into economies that offer higher yielding assets. Countries such as New Zealand have benefitted during these times, but with the Fed's move to scale back asset purchases in combination with slower growth in China, the four year trend may be showing signs of fundamental weakness.
Today analysis for the pair of gbp.nzd
Is time ke price ye chal rhe he......... 1.6995
Resistance level 1 # 1.7032
Resistance level 2 # 1.7060
Resistance level 3 # 1.7090
Support level 1 # 1.6960
Support level 2 # 1.6930
Support level 3 # 1.6900
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye i hope is trade se ham profit earn kar len
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.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: It is predicted that the market will be heading to the third resistance at 2.1435 which also coincides with the Fibonacci 161.8. However jikam arket break below the pivot point, then the trend changed.
Recommendation: Buy
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
SUPPORT AND RESISTANCE LEVEL FOR TODAY
Pivot Point is 1.9717
Support 1 1.9656
Support 2 1.9613
Support 3 1.9552
TREND: BULLISH
Resistance 1 1.9760
Resistance 2 1.9821
Resistance 3 1.9864
Trade at your own risk