I think that this is a good opportunity to get in long position from 2.0383 with take profit at 2.0451.
http://i.imgur.com/Pl6axXZ.png
Printable View
I think that this is a good opportunity to get in long position from 2.0383 with take profit at 2.0451.
http://i.imgur.com/Pl6axXZ.png
Daily forecast: GBPNZD 31 Oct. 2014.
Technical analysis for Daily forecast of GBPNZD 31 October, 2014. In Daily chart GBPNZD shows bearish trend. At present GBPNZD break 1st support level and going towards the 2nd support level. If 2nd support level breaks then next strong support level is 2.00129.
Pivot: 2.04453
Resistance levels
R1 2.05123
R2 2.06341
R3 2.07011
R4 2.07681
Support levels
S1 2.03235
S2 2.02565
S3 2.01347
S4 2.00129
Attachment 12140
Weekly forecast: GBPNZD 03-07 Nov. 2014
Technical analysis for weekly forecast for GBPNZD 03-07 Nov. 2014. In weekly chart GBPNZD shows bullish trend. At present GBPNZD above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 2.12226.
Pivot: 2.04502
Resistance levels
R1 2.06613
R2 2.08004
R3 2.10115
R4 2.12226
Support levels
S1 2.03111
S2 2.01000
S3 1.99609
S4 1.98218
Attachment 12184
http://prntscr.com/52ifet
analysis for today 11 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 10 / 31 / 2014
OPEN 2.0392
HIGH 2.0566
LOW 2.0289
CLOSED 2.0522
The third resistance (R3) 2.0566 -( 2.0459 - 2.0289 = 0.0170 x 2 = 0.0340 )= 2.0906
The second Resistance (R2) 2.0459 + 2.0566 - 2.0289 = 2.0736
First resistance (R1) 2.0459 x 2 = 4.0918 - 2.0289 = 2.0629
pivot points 2.0566 + 2.0289 + 2.0522 = 6.1377 / 3 = 2.0459
Support for the first (S1) 2.0459 x 2 = 4.0918 - 2.0566 = 2.0352
Support second (S2) 2.0459 -( 2.0566 - 2.0289 = 0.0277 ) = 2.0182
Third Support (S3) 2.0289 -( 2.0566 - 2.0459 = 0.0107 x 2 = 0.0214 )= 2.0075
Daily forecast: GBPNZD 03 Nov. 2014.
Technical analysis for Daily forecast of GBPNZD 03 November, 2014. In Daily chart GBPNZD shows bullish trend. At present GBPNZD above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 2.10768.
Pivot: 2.04589
Resistance levels
R1 2.06292
R2 2.07362
R3 2.09065
R4 2.10768
Support levels
S1 2.03519
S2 2.01816
S3 2.00746
S4 1.99676
Attachment 12216
pair- gbp/nzd
analysis time frame- m30
http://i58.tinypic.com/1624776.jpg
the price up movement of the price is break resistance at 2.0575 level and move to daily resistance 2.0736. now the cci is moving below the 100 level so down movement can expected. short with profit target at 2.0570 and stop loss at 2.0745
good luck
http://prntscr.com/52nkhp
analysis for today 11 / 3 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 2.0460
Retracement (50%) 2.0428
retracement (61,8%) 2.0395
Extensions (61.8%) 2.0737
Extensions (100.0%) 2.0843
Extensions (138.2%) 2.0949
Extensions (161.8%) 2.1014
calculation based on a Fibonacci retracement then today I choose buy
http://prntscr.com/52uw3o
analysis for today 11 / 4 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 11 / 3 / 2014
OPEN 2.0537
HIGH 2.0736
LOW 2.0502
CLOSED 2.0683
The third resistance (R3) 2.0736 -( 2.0640 - 2.0502 = 0.0138 x 2 = 0.0277 )= 2.1013
The second Resistance (R2) 2.0640 + 2.0736 - 2.0502 = 2.0874
First resistance (R1) 2.0640 x 2 = 4.1281 - 2.0502 = 2.0779
pivot points 2.0736 + 2.0502 + 2.0683 = 6.1921 / 3 = 2.0640
Support for the first (S1) 2.0640 x 2 = 4.1281 - 2.0736 = 2.0545
Support second (S2) 2.0640 -( 2.0736 - 2.0502 = 0.0234 ) = 2.0406
Third Support (S3) 2.0502 -( 2.0736 - 2.0640 = 0.0096 x 2 = 0.0191 )= 2.0311
Daily forecast: GBPNZD 04 Nov. 2014.
Technical analysis for Daily forecast of GBPNZD 04 November, 2014. In Daily chart GBPNZD is flat. At present GBPNZD on the pivot point. It is important to break support or resistance levels to identify the trend. Previous record shows GBPNZD buy from 4th support level.
Pivot: 2.06400
Resistance levels
R1 2.07788
R2 2.08748
R3 2.10136
R4 2.11524
Support levels
S1 2.05440
S2 2.04052
S3 2.03092
S4 2.02132
Attachment 12248
pair- gbp/nzd
analysis time frame- m30
http://i58.tinypic.com/aw81aa.jpg
the price is moving up side with breaking the resistance 2.0575 but making correction from the 2.0725 level and falling down. this is again up side with a pull up setup. long at the 2.0675 with profit target at 2.0790 and stop loss at the 2.0520
good luck.