Eur/Nzd

[ducd3vaizo]

Daily Forecast

Pair: EURNZD
Major Trend: Bearish
Time Frame: H1
Reason: Apparently the market only at 1.4349 and further correction after rejection at that price, the market will be heading to 1.4538
Recommendation: Buy with a target of 1.4538

[hors]

resistance 3:1.5802
resistance 2:1.5757
resistance 1:1.5692

pivot point :1.5647

support 1:1.5582
support 2:1.5537
support 3:1.5472

[ng1985]

pair- eur/nzd
time frame to analysis- m30



the price is making double bottom chart pattern at the support 1.4372 level and also having daily support at 1.4372 level. if the price break the resistance of moving average at 1.4445 then long with take profit at 1.4550 and stop loss at 1.4330
good luck

[Gamabunta]

March 19, 2015 update:

The price of the pair moves starting wave (1.4258) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.4445) and (1.4374 It is worth mentioning that the current wave goal access to the area (1.4637) and with respect to trades that day will be watching the movement Price among level (1.4491) and level (1.4447) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.4372) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (1.4642) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (1.4364) - the second support (1.4233) - First resistance (1.4634) - second resistance (1.4774).

[hors]

There was no follow-through towards the downside, but instead an impulsive minor rally in wave c of an expanded flat correction. This means, we still should see more downside in wave v once the correction is over near 1.4550. In the short term we still expect a move slightly higher to 1.4550 as long as the minor support at 1.4551 protects the downside. From 1.4550 or above the break below the support at 1.4551 the final decline towards 1.4078 should be seen.

[Gamabunta]

March 18, 2015 update:

The price of the pair moves starting wave (1.4258) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.4340) and (1.4299 It is worth mentioning that the current wave goal access to the area (1.4637) and with respect to trades that day will be watching the movement Price among level (1.4553) and level (1.4415) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.4299) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (1.4514) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (1.4348) - the second support (1.4217) - First resistance (1.4562) - second resistance (1.4645).

[hors]

Wave v does not look anything near complete and we expect resistance at 1.4469 will protect the upside for a break below minor support at 1.4285 and more importantly below support at 1.4250 confirming the next decline towards 1.3878 which marks the first downside target for wave v. At 1.3978 wave v will be equal in length to wave i and it will also be 38.2% of the distance traveled from the top of wave i to the bottom of wave iii subtracted from the top of wave iv.

[ng1985]

pair- eur/nzd
time frame to analysis- m30



the cci indicator is moving above the level 100 and price the price is making pull up from the support of moving average at 1.4315 level. if this is break the resistance at 1.4475 level then hold the long entry with stop loss at 1.4300
good luck

[Gamabunta]

The price of the pair moves starting wave (1.4258) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.4284) and (1.4297 It is worth mentioning that the current wave goal access to the area (1.4492) and with respect to trades that day will be watching the movement Price among level (1.4364) and level (1.4311) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.4258) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (1.4356) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (1.4277) - the second support (1.4219) - First resistance (1.4375) - second resistance (1.4414).

[ducd3vaizo]

Daily Forecast

Pair: EURNZD
Major Trend: sideways
Time Frame: H1
Reason: Market has been rejected at 1.4349, 1.4253 Possible market will penetrate, to this day.
Recommendation: Sell