Daily Forecast
Pair: NZDUSD
Major Trend: Bullish
Time Frame: H1
Reason: Market had a break at the pivot point at 0.7440. Target bullish while being at 0.7504, or if it is still possible there is at 0.7543
Recommendation: Buy
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Daily Forecast
Pair: NZDUSD
Major Trend: Bullish
Time Frame: H1
Reason: Market had a break at the pivot point at 0.7440. Target bullish while being at 0.7504, or if it is still possible there is at 0.7543
Recommendation: Buy
NZD USD paire pr trading buht best hoti ha,because jitna high jati hatu
utna low bi jati ha,because ye majoer currencies hain,this is the best pair.
March 20, 2015 update:
The price of the pair moves starting wave (0.7276) It is noted that the limits of the line the main direction drawn to this wave along the between-level (0.7471) and (0.7373 It is worth mentioning that the current wave goal access to the area (0.7548) and with respect to trades that day will be watching the movement Price among level (0.7423) and level (0.7422) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (0.7373) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (0.7538) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (0.7346) - the second support (0.7277) - First resistance (0.7511) - second resistance (0.7607).
Hello I want to add this piece of information is that the work on one pair would be preferable to achieve a trader profit which works on several pairs be possible
the pair is in side ways movment and it is trading between the main support level at 0.7178 and the main resistance level at 0.7676 the main ourly indicators are bullish and the pivot level is at 0.7440 the daily reistance level are at 0.7510 and 0.7606 the daily support level are at 0.7344 and 0.7274
pair- nzd/usd
time frame to analysis- h1
http://i60.tinypic.com/35l9kex.jpg
the price is in the up trend side from the fibo support at the 61.8. the price is making doji pattern 0.7370 level. now its higher resistance side 0.7534 level and the rsi indicator at the level 70. hold the long entry with stop loss at 0.7450
good luck
The New Zealand dollar versus the US dollar shows a narrow range of trading since the morning keeping the stability without descending channel resistance, and therefore, the bearish scenario remains to this day, supported by the arrival of the stochastic overbought areas, waiting for a break of 0.7330 to open the way towards 0.6860.
Mention the condition of stability below 0.7530 to achieve the expected negative goals.
Expected trading range for today is between: Support and Resistance 0.7330 0.7530
nzdusd daily time frame
we can see the price soon will reach to 0.7880
and from this price we need wait to see any price action
if we will sell or buy this pair
for now i think best idea buy this pair to o.7880
GDP data came to confirm the strength of the New Zealand economy, in the wake of the recent statement of the RBNZ and which also emphasized the strength of the economy, which has kept the interest rates unchanged at 3.50%, indicating that the decision to raise or unsupported interest on the data control cut Economic during the coming period, by contrast, prices for dairy products index registered a decline for the first time since late November last year by 8.8%, which is the largest decline since early July 2014. This saw the New Zealand dollar is also a strong rise against the US dollar, reaching its highest level over the Two weeks at the level of 0.7590.
the pair and as we can see from the chart is trading now above the level of 0.8300 , so when ever the pair success in breaking 0.7563 , that's mean the down trend will be assured and the pair might head to 0.7420 and then 0.7300