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"Hello dear members of this great community, here are my analysis of EUR/NZD for today.
EUR/NZD is Strong Sell according to four-hour chart. RSI(14)'s value is (48.991), STOCH(9,6)'s value is (33.067) and STOCHRSI(14)'s value is (43.365).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.6662
Support 1: 1.6643
Support 2: 1.6628
Support 3: 1.661
Resistance 1: 1.6677
Resistance 2: 1.6696
Resistance 3: 1.671
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."
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Bearish Today's analysis for this pair and the movement for today should be Bearish and i have to give you the Resistance and support levels for this pair.
take a look on the today major support and Resistance level,
Support S._1 1.6642
Support S._2 1.6626
Support S._3 1.6612
Resistence R._1 1.6676
Resistence R._2 1.6694
Resistence R._3 1.6713
I am just giving my own analysis so just trade with low risk.
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Price back at resistance, where ill be monitoring price for a break of the descending trendline along with resistance for further upside.
1 Resistance level is:1.6672
2 Resistance level is: 1.6684
3 Resistance level is: 1.6697
1 Supporting level is: 1.6641
2 Supporting level is: 1.6627
3 Supporting level is: 1.6617
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1 Attachment(s)
Currency pair is : Eur/Nzd
Trend is : buy
Resistance and supporting level of this pair is :
Current price:0.6686
Resistance level of this pair is:
1# Resistance is: 0.6697
2# Resistance is: 0.6704
3# Resistance is: 0.6723
Supporting level of this pair is :
1# Supporting is: 0.6675
2# Supporting is: 0.6664
3# Supporting is: 0.6652
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Daily analysis of currency pair is :Eur/Nzd
today currency trend is : sell
Resistance and Supporting level is :
Current price is: 1.6676
1> Resistance Level is :1.6689
2>Resistance Level is : 1.6704
3>Resistance Level is:1.6721
Daily supporting level
1> Supporting Level is : 1.6662
2>Supporting Level is: 1.6650
3>Supporting Level is: 1.6635
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Euro vs New Zealand Dollar
currents rates now ....1.6673
07 Mar 2019
Closing price, the previous day. 1.6702
Opening price. 1.6628
The highest price over the last trading day. 1.671
The lowest price over the last trading day 1.664
Price range high in the last 52 weeks 1.778
Price range low in the last 52 weeks 1.6324
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EURNZD trend is sell
Resistance level of this pair is:
1 Resistance is: 1.6692
2 Resistance is: 1.6707
3 Resistance is: 1.6616
1 Supporting is: 1.6665
2 Supporting is: 1.6656
3 Supporting is: 1.6643
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still keeping longs on eurnzd pair expecting to see bullish impulses and upcoming days
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today trading analysis 3/72019
EURO / NEW ZEALAND DOLLAR EURNZD
Market Open
1.66205 0.00865 (0.52%)
Prev
1.67070
Open
1.67070
Volume
186.422K
1 Day Range
1.66179 - 1.67158
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Day = 2019.03.07
Pair = EURNZD
Time Frame = Hourly
Results of analysis of the daily pivot point calculations :
Analysis for EURNZD pair today.
I see this pair still in strong bearish movement . If this pair can break the 1.6594 support level, I predict this pair will go down to the next support at 1.6544 But if this pair go up and break 1.6645 resistent level, I predict this pair will make some correction to the next resistent level at around 1.6695
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 1.6629 and take profit at 1.6544
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation