Daily Forecast
Pair: GBPNZD
Major Trend: Bearish
Time Frame: H1
Reason: Market has been a correction in 1.9876. Chances market will come to 1.9528, the American session later.
Recommendation: Sell
Printable View
Daily Forecast
Pair: GBPNZD
Major Trend: Bearish
Time Frame: H1
Reason: Market has been a correction in 1.9876. Chances market will come to 1.9528, the American session later.
Recommendation: Sell
the price is making three top chart pattern and it is rejecting from the daily resistance at the 1.9851 level. the price now break the pivot point support at the 1.9781 level and the cci indicator is also moved below the -100 level. we can short this pair with the take profit at 1.9760 level.
pair- gbp/nzd
time frame to analysis- m30
http://i62.tinypic.com/kbqezq.jpg
the cci indicator is moving below the zero level and price is having strong resistance with the moving average 50. its moving down from the resistance at 1.9645 level and may break the support at 1.9550 level. hold short entry with stop loss at 1.9683
good luck
the price action show strong down trend today in the GBPNZD after test the prime sen in hammer pattern and it is now near the level og 1.9566 and show support in this level the break through in seller side will be the break of the flat pattern for last week and we will target the level of 1.9666 or test the level of 1.9766 will be agood sign to renter in bear side
Daily Forecast
Pair: GBPNZD
Major Trend: Bearish
Time Frame: H1
Reason: There is weak at 1.9705 support area which has not been corrected, after which the market will go lower and penetrate 1.9539
Recommendation: Sell limit at 1.9705
---------- Post added 03-24-2015 at 12:51 PM ---------- Previous post was 03-23-2015 at 03:34 PM ----------
Daily Forecast
Pair: GBPNZD
Major Trend: Bearish
Time Frame: H1
Reason: Bollinger is still in line with the trend. Then, the market has been a correction in 1.9475, is predicted to lead to 1.9307
Recommendation: Sell
Daily Forecast
Pair: GBPNZD
Major Trend: Bearish
Time Frame: H1
Reason: Terliaht that the market will still be a correction in the fibo 61.8 which also relied as the Fed. In addition, the market will still point to 161.8 in 1.9670 fibo
Recommendation: Buy limt at 1.9520
gbp/nzd this is a pair like so many other pairs are in the forex and you need to earn every of pair according to my knowledge this pair moves on daily basis approximately 60-80 pips and if you read the market trend then you need to put a trade and can earn so much money on this trade and use this money for you
pair- gbp/nzd
time frame to analysis- m30
http://i59.tinypic.com/14w6lfn.jpg
the up movement of the price has been break the resistance trend line at 1.9502 level and moved to the daily resistance at 1.9639 level. the price break support of moving average 50 at 1.9530 level and the cci indicator is also moved below the -100 level. short with stop loss at 1.9590
good luck
the forex is very inflationary market so GBP/NZD is very low inflationary pair means not more forex trader may want to invest in the forex trading in thisd type of pair.forex is the reliable place to invest.
---------- Post added 03-27-2015 at 10:23 AM ---------- Previous post was 03-26-2015 at 05:01 PM ----------
GBPNZD intraday bias will berusahamempertahankan position above 1.9658, while the focus on 1.9758 resistance. We assume would be observed if the target sideways projection does not occur at the level of 1.9858.
A rebound in the New Zealand (NZD) and Australian dollars (AUD) on the global foreign exchange markets has raised the prospect that the recent losses for the commodity currencies has come to an end.
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