EURJPY retains downside pressure with eyes on 125.53 zone. Support comes in at the 125.50 level where a break if seen will aim at the 125.00 level. A cut through here will turn focus to the 124.50 level and possibly lower towards the 124.00 level.
Printable View
EURJPY retains downside pressure with eyes on 125.53 zone. Support comes in at the 125.50 level where a break if seen will aim at the 125.00 level. A cut through here will turn focus to the 124.50 level and possibly lower towards the 124.00 level.
pair- gbp/nzd
chart analysis time frame- m30
the price movement in the side way between the range of support at the pivot point level 1.9547 and the higher resistance at 1.9630 level. if the price is break the support then it may falling to the 1.9425 level. short at the 1.9520 level and stop loss at 1.9630
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Parabolic SAR indicator there a dot below the candles that indicates a downward direction in addition to that we can see a SELL signal on the MACD indicator that is moving below the level 0 beside that the CCI line is located at the lower level to perform a upward signal on the chart of the this pair there is a main down trend signal as the 2 EMA 5 and 6 are moving above the slow EMA of 35 and if other indicators confirm a bearish direction then I will go for “SELL” positions.
resistance level 1 : 1.9650
resistance level 2 : 1.9613
resistance level 3 : 1.9579
pivot point : 1.9542
support level 1 : 1.9508
support level 2 : 1.9471
support level 3 : 1.9437
Daily overview for GbpNzd
The price is finding the first support at 1.9489 and the next support is at 1.9464 The price is finding the first resistance at 1.9534 and the next resistance is at 1.9556 I predict price will be continued falling today. The first target is the level 1.9463 After fixing below the first target, then price will go to the level of 1.9447 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
“--- Trading recommendations for trading : Open Sell ---“
According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!
The price of the GBPNZD stays moving below the Ichimoku Cloud and also there are an apperiance of the orange color for the moment to set the main long term direction to be bearish targeting the upcoming priceses near the support zone which located at 2.0945 prices.
You can also mention the bearish signal at the two lines of Kijun sen and the Tenken sen as the tenken sen which colored in green moves below the red kijun sen line then we can be informed about being in a strong move due to this signal which goes with the previous trend of the Cloud.
once in the prediction of several indicators for the technical analysis of currency pairs GBPNZD on the market today at 0.9537 the resistent level , then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit positions at 0.9462 You put a stop loss positions at 0.9546 that's indicator Bollinger Bands is trend down and signal Parabollic Sar is BEARISH TREND
The following resistance and supporting level of this pairs is as below :
The First Resistance -- 0.9537
Second Resistance -- 0.9559
Third Resistance -- 0.9572
The First Support -- 0.9487
Second Support -- 0.9464
Third Support -- 0.9452
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk. please .. share your analysis, so we can discuss in this forum to maximize our profit
gbp-nzd is the good currency pair in the forex market its easy to understand from the direct pairs of gbp and nzd but its also too dangerous for the new comer traders cause of which is that its movement is very fast from the direct pairs of gbp and nzd. but its easy to understand from the direct pairs
This pair gbp/nzd
Technical analysis of today is bearish
Pivot Point. 1.9562
Current Price. 1.9520
Resistance level
1st. 1.9530
2nd. 1.9540
3rd. 1.9550
Supporting level
1st. 1.9510
2nd. 1.9500
3rd. 1.9490
gbp-nzd is the good currency pair in the forex market its easy to understand from the direct pairs of gbp and nzd but its also too dangerous for the new comer traders cause of which is that its movement is very fast from the direct pairs of gbp and nzd. but its easy to understand from the direct pairs