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pair-gbp/nzd
time frame-m30
http://i62.tinypic.com/149m5ur.jpg
the price up movement is continue rejecting with the resistance of moving average 50. now the price break pivot point and cci is also moving below the -100 level. the price may falling to the lower support at 1.9400 level. hold the short entry with stop loss at 1.9550
good luck
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Candle bull penetrate on envelopes, predicted to be a correction to the bottom line of envelopes, prior to retest 1.9582
Recommendation: Buy
daily overview for Gbp-Nzd
r3: 1.9702
r2: 1.9640
r1: 1.9552
s1: 1.9402
s2: 1.9340
s3:1.9252
the pair is trade in up
so our trade for the pair is buy
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.
daily overview for Gbp-Nzd
r3: 1.9679
r2: 1.9616
r1: 1.9544
s1: 1.9409
s2: 1.9346
s3: 1.9274
the pair broke the oblong to up
so our trade for the pair is buy
The pair price made bearish channel stationing resistance level around 1.9585 which supports persistence stability SMA 55 below the previous level and begins to form a new negative waves his arrival to the level of 1.9385, we expect during the period near the price reaches the level of 1.9180 to constitute a target expected but note that the price exceeds this will increase the level of negative pressure on the next trading scoring the level of 1.9065.
Attempt to access the stochastic oversold level will provide an opportunity to the price for the acquisition of new negative torque and price supports attempts to achieve previously stated goals.
Expected trading range for today between 1.9490 and 1.9180
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Market still going towards Fibo 261.8 after successfully reject in the daily pivot point at 1.9431
Recommendation: Buy
daily overview for Gbp-Nzd
r3: 1.9649
r2: 1.9571
r1: 1.9509
s1: 1.9389
s2: 1.9291
s3: 1.9229
the pair can not break the resistance to up
so our trade for the pair is sell
pair- gbp/nzd
time frame-m30
http://i60.tinypic.com/jjvggi.jpg
the cci indicator is moving above the 100 level but the price is having resistance trend line at the 1.9455 level. the price is having resistance at the moving average 50 so its continue down movement can expected. short with take profit at 1.9250 and stop loss at the 1.9500
good luck
My daily trading,I hope the day is a success ...
GBP/NZD (Daily Trade)
Resistance : R1 1.9752 R2 1.9777 R3 1.9797 R4 1.9827
Support : S1 1.9674 S2 1.9649 S3 1.9629 S4 1.9599
For intraday trade today suggest SELL at the level 1.9694 stop loss at the level 1.9714 target take profit at the level 1.9580 or at the level 1.9550
---------- Post added at 04:15 PM ---------- Previous post was at 03:05 PM ----------
Fibonacci pivot point
Pair = GBPNZD
Resistance 3 = 1.9861
Resistance 2 = 1.9812
Resistance 1 = 1.9782
Pivot Point = 1.9733
Support 1 = 1.9684
GBPNZD Support 3= 1.9503 Support 2= 1.9571 Support 1= 1.9615 Pivot Point= 1.9683 Resistance1:=1.9727 Resistance2:=1.9795 Resistance3:=1.9839 {Hope a good day for all of you good luck to all}
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