it is clear that the weekly chart is up trend and the last week candle formed is hammer bullish .so the next target for this pair i think is to to test the nearest resistant level at 0.7730
Thread: Nzd/Usd
it is clear that the weekly chart is up trend and the last week candle formed is hammer bullish .so the next target for this pair i think is to to test the nearest resistant level at 0.7730
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the chart is showing that the pair has closed it's daily candle under the level of 0.7800 , and that's mean that the down trend is still standing and the pair might reach 0.7730 and then 0.7700
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If a M15 close above 0.7900 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7800 sell only and do not buy. If price closes back above it again do nothing
The range 0.7900 and 0.7800 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the pair as we can see on the chart has success in breaking the level of 0.7800 and reached the level of 0.7750 , that's mean the down trend is standing and the pair might head to 0.7725 then 0.7700
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If a M15 close above 0.8000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7800 sell only and do not buy. If price closes back above it again do nothing
The range 0.8000 and 0.7800 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 0.7800 , and that's mean the up trend is still standing and the pair might head to 0.7840 and then 0.7870
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it should be mentioned that the bounce produced a lower high than the previous one. Because of this, we are expecting this pair to fall hard in the near future. In the mean time, we are selling rallies of any substantial amount, as well as selling a daily close below the 0.8000 level.
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If a M15 close above 0.8100 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8000 sell only and do not buy. If price closes back above it again do nothing
The range 0.8100 and 0.8000 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
we can notice from the chart that the pair has closed it's daily candle under 0.8100 , that's mean the down trend is expected and the pair might head to 0.8075 then 0.8050 , however the pair made a hourly correction
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
If a M15 close above 0.8200 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.8100 sell only and do not buy. If price closes back above it again do nothing
The range 0.8200 and 0.8100 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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