Eur/Nzd

[ng1985]

pair- eur/nzd
time frame to analysis- m30



the cci indicator is moving below the -100 level with macd below the zero level. if the price break the support of moving average 50 at 1.4734 level. short with profit target at 1.4600 and stop loss at the 1.4800
good luck

[pritishahfx]

EURNZD
Having liquidated nearly 450 pips during the last week, EURNZD kept trading below its 100-day EMA and is near to 38.2% Fibonacci Retracement Level of its up move from March lows to August highs. The pair neither sustains the breakdown of Fibo. level nor does it surpasses 100-day EMA, signaling a sideways trend.
From the current level, the pair can witness 1.6510 – 1.6515 resistance zone, including 100-day EMA which is closely followed by 1.6555 – 1.6560 resistance zone, coinciding 50-day EMA. Sustained trading above 1.6560 can lead the pair towards 1.6745 – 1.6750, 23.6% Fibonacci Retracement Level.
On the downside, the pair is supported by 1.6350 support level, breaking which it can test 1.6180 – 1.6170 support zone (including 50% Fibo. Level). Should the pair sustains trading below 1.6170, it is vulnerable to test 1.6000 support level.

[kelvin566]

the weekly out look of the eur nzd indiacat taht the cross is on a strong downtrend despite the dogi formed on the weekly chart the bear still on due to the quantitative easy parcticed by ECB the price is under its moving average and the 1.4793 represent a good resistance to short to 1.4586

[zxcvb]

The price of the pair moves starting wave (1.5233) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.4773) and (1.4758 It is worth mentioning that the current wave goal access to the area (1.4513) and with respect to trades that day will be watching the movement Price among level (1.4743) and level (1.4754) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.4588)

[pritishahfx]

EUR/NZD
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.

[zxcvb]

The price of the pair moves starting from the wave (1.5233) It is noted that the limits of the main trend line drawn for this wave along the between-level (1.4773) and (1.4758 It is worth mentioning that the current wave goal access to the area (1.4513)

[ng1985]

pair- eur/nzd
time frame to analysis- m30



the down movement of the price has been break the support of moving average 50 at the 1.4700 level. this is also setup the double top chart pattern with nick line of resistance at 1.4693 level that may break. short with profit target at 1.4590
good luck

[zxcvb]

With regard to trades that day will be watching the price movement among level (1.4508) and level (1.4670) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.4558)

[ng1985]

pair- eur/nzd
time frame to analysis- m30



the cci indicator is moving above the level 100 and in the price chart its also break the resistance of the moving average 50 at the 1.4665 level. this up movement continue expected to the level 1.4920. hold the long entry with stop loss at 1.4600
good luck

[pritishahfx]

EURNZD

Extending its break below a medium-term descending trend-channel, extending from July-August 2013, the pair on Wednesday decisively dropped below 61.8% Fib. expansion level. The pair now seems vulnerable to continue its downward trajectory in the near-term to test 100% Fib. expansion level support near 1.4150-40 area. Since the pair has now dropped to all time low levels, it could be assumed that 1.4500 psychological round figure mark could provide some intermediate support on the downside. On the upside, 61.8% Fib. expansion level support break point near 1.4780-1.4800 area now becomes immediate resistance to watch-for and now seems to cap any near-term rebound for the pair.