Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Market still sideway in the range of 1.9748 - 1.9632. Predicted the market will bounce at 1.9478, and back down again.
Recommendation: Sell limit at 1.9748
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Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Market still sideway in the range of 1.9748 - 1.9632. Predicted the market will bounce at 1.9478, and back down again.
Recommendation: Sell limit at 1.9748
Royal currency stabilized the pound Asian market on Thursday against a basket of major currencies amid anticipation of investors to the decisions of the Central Bank of Britain for monetary policy to Shahraeril, and by the time 11:00 GMT, the Bank of England announce monetary policy decisions are expected to keep the bank's interest rates steady at 0.5% and the asset purchase program at 375 billion pounds, and monetary policy decisions such as Britain's trade balance for the month of February is expected deficit of 8.9 billion pounds from the deficit of 8.4 billion pounds in January
On the other side does not exist today, economic data released today or tomorrow from New Zealand
Technically: Fell GBP against all currencies in the past time, especially in front of the New Zealand dollar, which was able to reach the 1.9520 levels breaking so levels uptrend on Frame four hours in the case of the closure of four candle-hour minimum this trend we expect landing forces until 1.9400 support levels to stop losses shut inside broken trend again
daily overview for Gbp-Nzd
r3: 1.9931
r2: 1.9830
r1: 1.9636
s1: 1.9341
s2: 1.9240
s3: 1.9046
the pair broke the oblong to down
so our trade for the pair is sell
Support test on GBPNZD was accept, not get strong rejection and make today price success on hit down target at 1.9518 at support 3, at the current price still move in down below that support area, to find new support to hold the price from make lower again,
As previously predicted rebound from the bottom of a graphic figure "Triangle" has led to a price increase to its opposite border which price broke a H4 candle . This will raise the price resistance levels 1.9454, 1.9528 and 1.9718.
pair- gbp/nzd
time frame to analysis- m30
http://i61.tinypic.com/14w50ur.jpg
the up movement from the support at 1.9400 level moved to the strong resistance at 1.9725 level and again rejecting. its moved below the support of moving average 50 with making doji pattern. it down movement can expected. short with profit target at 1.9455 and stop loss at the 1.9784
good luck
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market maish attempted correction to the midline Bollinger at 1.9638. For further predicted to 1.9507 when viewed from the stochastic.
Recommendation: Sell
pair- gbp/nzd
time frame to analysis- m30
http://i58.tinypic.com/14dzi9s.jpg
the price movement now in the down trend channel pattern with having the resistance at 1.9680 and the support trend line at 1.9540 level. the movement of the cci is below the -100 and price at support side. long with stop loss at 1.9505 and profit target at 1.9640
good luck
daily overview for Gbp-Nzd
r3: 1.9839
r2: 1.9789
r1: 1.9708
s1: 1.9577
s2: 1.9507
s3: 1.9446
the pair broke fibo 50 to up
so our trade for the pair is buy
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Market has completed the correction in the range of 1.9479, and to this day the market is still going back to retest the resistance at 1.9655
Recommendation: Buy
Spoiler: