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Thread: Eur/Nzd

  1. #5521
    Banned billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007 has a reputation beyond repute billyboy00007's Avatar
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    Bearish: Currently we are at1.7173 in a range and a channel. If we can break the support here, we are looking for a continuation to the 0.500 Fibo at 1.7070 area. Watch for a bounce here since it is the 0.500 Fibo. The average daily true range (ATR) for the pair currently is 123 pips.

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  3. #5520
    Senior Member KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA has a reputation beyond repute KASINA's Avatar
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    Eur nzd entry point
    sell---------sell--------sell
    current point 1.7259
    chart day1
    take profit 1.7023
    stoploss 1.1.7392

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  5. #5519
    Banned 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346 has a reputation beyond repute 00923027642346's Avatar
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    Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed upwards, while the blue one remains horizontal. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument is trading between Tenkan-sen and Kijun-sen lines. The closest support level is the upper border of the cloud (1.7240). The closest resistance level is Tenkan-sen line (1.7302).
    SpoilerSpoiler:

    On the daily chart Tenkan-sen line is above Kijun-sen, both lines are directed upwards. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument is trading above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (1.7237). One of the previous maximums of Chikou Span line is expected to be a resistance level (1.7326).
    SpoilerSpoiler:

    Recommendation
    On the both charts the instrument is still falling. It is recommended to open long positions at current price with the target at the level of previous maximum of Chikou Span line (1.7362) and Stop Loss at the upper border of the cloud (1.7227

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  7. #5518
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    Spoiler Spoiler:


    EurNzd bearish trend can continue today , now current price at 1.7213 and strong resistent at level 1.7230 in hourly time frame. there is possible chance EurNzd price will move to down side. then next low price is 1.7170

    I suggest to entry sell with stoploss at 1.7245 and take profit at 1.7170

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  9. #5517
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    formed a very clear trend, so I put three SELL LIMIT namely

    @1.7518 (SMA5 High H4) , @ 1.7591 (EMA62 H4) and @1.7659 (SMA5 High D1).

    why I am very sure? because the candle heiken in the TF daily very long and emerging dimly spikes indicating a bearish trend continues.
    if yesterday did not open a position. These days the trend is also clearly visible yet.
    but I 'll try to take buy position, because the dominant marbels is green marbles.

    Money Management (MM):
    Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
    Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.

    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.


  10. #5516
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    Spoiler Spoiler:


    EurNzd bearish trend can continue today , now current price at 1.7192 and strong resistent at level 1.7212 in hourly time frame. there is possible chance EurNzd price will move to down side. then next low price is 1.7140

    I suggest to entry sell with stoploss at 1.7225 and take profit at 1.7140

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  12. #5515
    Senior Member arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani has a reputation beyond repute arshadlaskani's Avatar
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    Eurnzd pair kafi up levels par movement kar choka he aur mere analysis k mutabik ye aj kafi down ho sakta he
    Down level ye rahega : 1.7060
    Focused levels : 1.7190
    Normally levels. : 1.7140

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  14. #5514
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    When trying to analyze the EURNZD there is a bearish channel as you can see to narrow the market movement area between 2 trend lines which tells that the market is in his way for down trend.
    Using the donchain channel you can see the price moving at the upper edge of it then I can think about south direction for the price as long as no opposite signs Currently the awesome oscillator has a Currently the awesome oscillator has a appear on awesome oscillator.
    Currently the awesome oscillator has a red bars which appears above the level of 0 which can be considered as a good sell signal.
    Same on the stostatic indicator which show a sell signal by getting a clear bearish cross between two lines near the 80th 80 level.
    Till now down trend seems to be a stronger choice although waiting for sell signals on all the indicators together is a best case but by the way selling the pair targeting the down line of the channel or the low level of donchain channel is not bad idea

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  15. #5513
    Banned SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P has a reputation beyond repute SA148P's Avatar
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    formed a very clear trend, so I put three SELL LIMIT namely

    @1.7518 (SMA5 High H4) , @ 1.7591 (EMA62 H4) and @1.7659 (SMA5 High D1).

    why I am very sure? because the candle heiken in the TF daily very long and emerging dimly spikes indicating a bearish trend continues.

    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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  17. #5512
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    Trend formed:
    Current price 1.7679.trends that formed the new UP and do happen, so it will most likely occur correction that we can make opportunities. we had better wait in between the lines sma5.

    Position For Order:
    Position 1 ==> buy limit @1.7590
    Position 2 ==> buy limit @1.7556
    Position 3 ==> -

    Money Management (MM):
    Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
    Stop Loss and Target Propit up to you, I like to cut loss and cut profits.

    Note:
    Always slide the buy / sell limit follow the movement of sma or ema.
    And remember, always disciplined and follow the rules.

    Image link:
    http://i1123.photobucket.com/albums/...1116-39-10.png

    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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