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My analysis of Gbp/Nzd
Current price:1.9560
Pivot point:1.9554
Resistance and Supporting level :
Resistance level is :
1.Resistance level is : 1.9574
2.Resistance level is :1.9588
3.Resistance level is : 1.9599
Supporting level is :
1.Supporting level is : 1.9548
2.Supporting level is : 1.9532
3.Supporting level is :1.9517
according to GBPNZD technical analysis , I predict this pair have BEARISH TREND. the price is break the Support trend line and it is Falling Down with having the Short signal from the parabolic SAR. the market trend could remain in this position and I expected support resistance levels
Resistance1 # ----- # 1.9449
Resistance2 # ----- # 1.9471
Resistance3 # ----- # 1.9444
Support 1 # ----- # 1.9404
Support 2 # ----- # 1.9385
Support 3 # ----- # 1.9442
I suggest to take SHORT position at --- 1.9427
target take profit at --- 1.9379
target stop loss at --- 1.9465
money management is very effective for getting profits with stop loss and take profits method with current trading position. Best of luck ..
Given the drivers on the horizon, it can make sense as to why there’s so far been a lack of momentum. This round of European Parliamentary elections is being seen as a debate on populism in Euro politics, the ramifications of which will help to mold policy in the bloc for years to come. This sets the stage for breakout potential in the single currency, and this weekend will likely bring gap-potential in the Euro as elections run into Sunday.
GBP/NZD
Resistance : R1 2.0042 R2 2.0067 R3 2.0087 R4 2.0117
Support : S1 1.9987 S2 1.9962 S3 1.9942 S4 1.9912
Open : 1.9988
High : 2.0062
Low : 1.9967
Range : 95 Pips
Running Price : 2.0029
Another chance to fall on GBPNZD on the high 1 hour time frame. As we see has come back from the resistance level 2.4019 and according to this, we can expect the pair to move down to the support level which is at 2.3576. But, there is a possibility of flet movement.
Today Analysis GBPNZD
Market Trend BEARISH
Pivot Point 1.9488
S 1 1.9413
S 2 1.9342
S 3 1.9267
R 1 1.9559
R 2 1.9634
R 3 1.9705
Gbp/Nzd Today's Technical Analysis:
Gbp, Nzd is wqt apne Support level k pass move kr raha hai or is k mazeed Sell me jany k ziada chances hain. Me GBP/NZD k lye SELL order place krna pasnd krun gi. TP at 1.9403 SL at 1.9474 pr rakha ja sakta hai.
Is pair k Support and Resistance levels ye hain?
Support 1: 1.9431
Support 2: 1.9421
Support 3: 1.9403
Resistance 1; 1.9437
Resistance 2: 1.9448
Resistance 3: 1.9463
Market Analysis
GBPNZD
Trend is Bearish
PIVOT 1.9501
S 1. 1.9423
S 2. 1.9352
S 3. 1.9274
R 1. 1.9572
R 2. 1.9650
R 3. 1.9721
GBPNZD Today Analysis
Market Trend Bearish
Pivot Point 1.9490
S 1>>>>> 1.9415
S 2>>>>> 1.9340
S 3>>>>> 1.9265
R 1>>>>> 1.9560
R 2>>>>> 1.9635
R 3>>>>> 1.9710
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.