Eur/Nzd

[troykilson]

A strong bearish trend take a place on the hourly chart of the EURNZD as the Blade oscillator is now at 0.0021 area below the level of balance and at the same time the indicator is red colored which is a strong indication of bearish direction on the short term. On the chart itself you can see the moving average 5 sloping down and then you can consider the last top drawn by it at 1.6047 as a good stop loss if you need it in case of sell orders which is very advised according to the indicators signals.

[wench]

the price seems to move in downward trend today on the EURNZD chart as there are a red dots above the bars and as long as the price keeps lower than the strong resistance of 1.6216 which is also the weekly Pivot point then it seems that the price may keep going south till it can hit the weekly pivot support at 1.5992 .
In other scenario if the price can break the resistance 1.6216 and get a bullish signals by a blue dots then it�s expected to keep going north till the resistance of 1.6335 as the next weekly Pivot point.
.

[aliali1]

A bearish trend is now in action as you can see the red arrow shown on the hourly EURNZD chart at the current time which is supported with a top located at 1.6125 which can be also used as a very strong resistance that the price shouldn�t go above it if the bearish trend still strong.
Also the parabolic sar dots is showing above the candles which is a sign that the price is heading down for a while.
when selling trades take a place I think then the support 1.602 can be a good area in order to close some open positions as the price has a good chance to go north after hitting it.
.

[hatrik]

A clear cross is occurs on the momentum indicator on the EURNZD chart as the blue line goes below the red one to perform a good selling signals for the current time By the way the yellow color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the EURNZD To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the red color on the arrows to perform a downward signal on the short term Now according to these data I think a downward trend should be in action as long as the momentum sell cross still on the chart and a sell trades can be taken as long as the ATR indicator keep showing a selling signals.
.

[halloiasan]

A down channel is now drawn on the EURNZD and the price is suggested to keep going downward on the short term Also you can see the price hits the down edge of donchain channel which may be a signal for heading north If you checked Awesome oscillator it shows a green bar below the level of 0 to indicate a buy signal at the current time Also the stostatic is showing a bearish singal by having a sell cross and the lines near the level of 80 I gess according to this data buying can be a winning bet and you can target the high level of donchain channel but waiting a confirmation from the awesome oscillator can increase the chance for winning buy trades

[Gamabunta]

As we can see on the daily chart there is a pennant pattern that's why I think that we should wait until the price break the upper trendline than we get in long position with take profit at 1.6439.

[ng1985]

pair- eur/nzd
analysis time frame- m30



the up movement of the price is rejecting with moving average 50 resistance at the 1.6o70 level. this is having strong support at 1.6025 that has been break. the cci is also moving below the -100 level so more down movement can expected. short with stop loss at 1.6090
good luck

[clark]

As you can see on the chart of EURNZD the prices is now upper than the EMA line of 15 which could be used as a good sign of bullish trend for today.
Also the power line indicator is now below the 50 level which indicates a good downward direction signal.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
.

[achyut]

Daily forecast: EURNZD 20 Oct. 2014.

Technical analysis for Daily forecast of EURNZD 20 October, 2014. In Daily chart EURNZD shows bearish trend. At present EURNZD below the pivot point and try to break 1st support level. If EURNZD breaks 1st support level then next strong support level is 1.57308.

Pivot: 1.61315

Resistance levels

R1 1.62150
R2 1.63207
R3 1.64042
R4 1.64876

Support levels

S1 1.60258
S2 1.59423
S3 1.58366
S4 1.57308

[mary]

According to the chart of EURNZA there are a main down trend signal as the 2 EMA 5 and 6 moving below the slow EMA of 35 then I guess I will take a sell positions once the other indicators confirm the bearish direction.
There are a dots above the candles for parabolic sar indicator to indicate a downward direction and also I can monitor a sell signal on the MACD indicator which moving below the level 0 for now beside the CCI line is at the lower level to perform a downward signal.
As I said before according to the EMA locations selling is my favorite side for today as long as the price didn�t show any opposite bullish signals.
.