Eur/Nzd

[hors]

EUR/NZD was trading downwards. As we expected, the price has tested the level of 1.4353 in a high volume. We can observe a successful rejection from our resistance level around the price of 1.4433 fibo 38.2%. The short- and mid-term trends are bearish and my advice is to watch for potential selling opportunities after corrections. According to the long-term time frames, we may see a possible testing of Fibonacci expansion 161.8% at the price of 1.3550. If the price breaks the level of 1.4190, we may see a possible testing of the level of 1.4075 fibo 50.0.

[ng1985]

pair- eur/nzd
time frame to analysis- m30



the cci indicator is moving down side from the level 100 and up movement of the price is rejecting with the moving average 50. this will continue in the down trend side. hold the short entry with profit target at 1.4200 and stop loss at the 1.4350

good luck

[kelvin566]

the daily out look is bearish and the hourly timeframe is bearish also the price has fallen from its daily pivot at 1.4350 toward its daily support level at 1.4237 a bounce from this level to the pivot level is a good opprotunity to place a short trade

[ducd3vaizo]

Daily Forecast

Pair: EURNZD
Major Trend: Bearish
Time Frame: H1
Reason: Market managed to break the first support at 1.4282, then the market is predicted to touch 1.4240
Recommendation: Sell

[hors]

EURNZD is currently resting near 61.8% FE of its decline after it broke below descending trend-line support Oversold RSI and the record low prices near the FE restricts the chances of pair's extended decline towards 1.4030 psychological magnet. On the upside, the support-turned resistance-line, near 1.4210, could become immediate resistance for the pair, breaking which it can quickly rally towards 1.4800 and 1.5020 mark. Moreover, a sustained break of 1.5000 mark could extend pair's up-move towards testing 1.5830 and the 50.0% of the said move, near 1.5360.

[ducd3vaizo]

Daily Forecast

Pair: EURNZD
Major Trend: Bullish
Time Frame: H1
Reason: Market still will go up because of the resistance 3, at 1.4598 has not been corrected, for its bearish trend.
Recommendation: Buy with a target of 1.4598

[pritishahfx]

EURNZD is currently resting near 61.8% FE of its August 2013 to January 2015 decline after it broke below descending trend-line support, ranged from September 2013 and connecting lows marked in November 2013 and January 2015. Oversold RSI and the record low prices near the FE restricts the chances of pair's extended decline towards 1.4000 psychological magnet. On the upside, the support-turned resistance-line, near 1.4610, could become immediate resistance for the pair, breaking which it can quickly rally towards 1.4800 and 1.5000 mark. Moreover, a sustained break of 1.5000 mark could extend pair's up-move towards testing 1.5230 and the 23.6% of the said move, near 1.5360.

[Hafiz.Saif]

This thread is for discussing EUR/NZD. MAI app sabhi logo ka yeh thread mai swagat kartha hu .goood luck for all member of best indian-forex forum.

[pritishahfx]

EUR/NZD Tradertip Technical Report and Forecast for Friday 13 February 2015

While above 1.5303 - 1.5243 zone a corrective dip could test 1.5364 or 1.5478.

[kelvin566]

the market is in a down trend the cross is tradingunder its moving average 100 and 50 the cross has bounced from the level 1.4306 it may face a resistance at 1.448 a resistance at whwh we can short to the actual support at 1.4306 the main resistance is at 1.4586 but we can also take short from the moving average 100