Eur/Nzd

[Baqir0302]

eur / nzd

today’s marketplace, the dollar constantly fluctuates against the other currencies of the world. Several factors, such as the decline of global equity markets and declining world interest rates, have forced investors to pursue new opportunities. The global increase in trade and foreign investments has led to many national economies becoming interconnected with one another. This interconnection, and the resulting fluctuations in exchange rates, has created a huge international market: FOREX. For many investors, this has created exciting opportunities and new profit potentials. The FOREX market offers unmatched potential for profitable trading in any market condition or any stage of the business cycle. These factors equate to the following advantages:
• No commissions. No clearing fees, no exchange fees, no government fees, no brokerage fees if you trade with a market maker. • No middlemen. Spot currency trading does away with the middlemen and allows clients to interact directly with the market maker responsible for the pricing on a particular currency pair, if you trade with an Electronic Communications Network''

[Irfan4500]

Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market

[talhaahmad04]

Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.

[Iqlevel]

Current price very is potential to fall again. this pair price already touched daily support level 1 and below trend line. Now the price try to move Downward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Sell position today. pivot point will be first target . after that price maybe can go to first support . stop loss area around resistance 1 level
Recomend Today = Bearish Trend 85%
ye pair abi strong resistance or fibo level zero par hai. agar ye es resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies.

[Adnanali]

Eur/Nzd

Resistance Level (R3): 1.692
Resistance Level (R2): 1.690
Resistance Level (R1): 1.687
Pivot Point: 1.684
Support Level (S1): 1.682
Support Level (S2): 1.679
Support Level (S3): 1.676

[Shahzad apl]

EURNZD setting up a good risk to reward for buying now at previous resistance and looking to come back up to previous highs. From the lows in December 2019, we are not at the .618 fib retracement, well worth the risk to trade right here. You could have a small stop if you wish.

[Arifzaziz]

In the first half of the day, a report was released on the UK consumer price index, which rose in November this year, but completely coincided with the forecasts of economists. However, this was enough to help the pound stay above the level of 1.3076, which determines the further downward trend observed throughout this week. It is best to look for long positions after the formation of a false breakout the the support area of 1.3076, but buy immediately on the rebound from the lows of 1.3013 and 1.2952, where a bullish divergence on the MCAD indicator can also be formed. Another no less important task of the bulls will be the return and consolidation above the resistance of 1.3143, which will allow us to talk about an upward correction in the area of the highs of 1.3203 and 1.3316 where i recommend talking the profits.

[Shahnawaz148]

Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.

[Arifzaziz]

In the first half of the day, a report was released on the UK consumer price index, which rose in November this year, but completely coincided with the forecasts of economists. However, this was enough to help the pound stay above the level of 1.3076, which determines the further downward trend observed throughout this week. It is best to look for long positions after the formation of a false breakout the the support area of 1.3076, but buy immediately on the rebound from the lows of 1.3013 and 1.2952, where a bullish divergence on the MCAD indicator can also be formed. Another no less important task of the bulls will be the return and consolidation above the resistance of 1.3143, which will allow us to talk about an upward correction in the area of the highs of 1.3203 and 1.3316 where i recommend talking the profits.

[Shahzadahmed148]

EURNZD is firmly dropping from the 1.769 area, giving us an indication that a bigger A)-B)-C) correction is completed, and that further bearish price activity may be in progress. We labelled a completed wave I) of a bigger, bearish cycle at the 1.661 level, from where a corrective wave II) started to develop, and which found resistance at the 1.717 level. That said, wave III) can now be underway, and can take price towards the 1.625 zone in weeks/months ahead., ideally in a five-wave drop.