SubscribeForex Forecast with price level
EUR/NZD - pair in focus.
Current Price - 1.6893
main support level - 1.6867
main resistance level - 1.6918
Pair likely to be in Sell today.
Thread: Eur/Nzd
Forex Forecast with price level
EUR/NZD - pair in focus.
Current Price - 1.6893
main support level - 1.6867
main resistance level - 1.6918
Pair likely to be in Sell today.
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The Current pair is Eur/Nzd
Signal showing :::::::::::: BUY
&==>Resist {>1.7068
&==> Resist {>1.7075
&==> Resist {>1.7080
&==> Support {>1.6968
&==> Support {>1.6957
&==> Support {>1.6943
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Calculation For Trading:
Resistance Level (R3): 1.713
Resistance Level (R2): 1.703
Resistance Level (R1): 1.697
Pivot Point: 1.687
Support Level (S1): 1.680
Support Level (S2): 1.670
Support Level (S3): 1.663
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.6886
This currency name - EUR/NZD
Resistance and Target - 1.6926
Support and Stop Loss - 1.6846
Always follow Long time frame market trend.
Signal is Sell.
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EUR/NZD declined last week. Actually, the pair has been descending since the middle of desmber when it recoiled down from the resistance line connecting 2018and 2019 highs in the 1.7660 area. Currently, the pair’s trading around the 100-day MA in the 1.7240 zone. The price has been consolidating around it during the past week, the consolidation has got the shape of a triangle. On the H4, the moving averages are in the negative order providing substantial resistance around 1.7335 and 1.7385. The decline below the Wednesday’s low at 1.7210 will let the short-term downtrend continue at least until 1.7145 (Nov. 13 low). The next level to watch on the downside will be at 1.7030 (200-day MA).
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Eurnzd
euro / new zealand dollar
1.68885
nzd
+0.00225 (+0.13%)
market open (dec 13 05:44 utc-5)
1.68660
prev
1.68660
open
202.837k
volume
1.68280 — 1.69330
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Eur/Nzd trends to bullish
1 Resistance 1.6959
2 Resistance 1.6967
3 Resistance 1.6981
1 Supporting 1.6845
2 Supporting 1.6829
3 Supporting 1.6821
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As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for concern as the nation shifts away from export led growth, weakness in the Euro-Zone may cap any significant reversal.
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Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
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.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.6888
This currency name - eurnzd
Resistance and Target - 1.7020
Support and Stop Loss - 1.6640
Always follow Long time frame market trend.
Signal is Sell.
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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