Eur/Nzd

[BURHANFX]

http://prntscr.com/3zcu2b
analysis for today 7 / 4 / 2014
EUR/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.5573
Retracement (50%) 1.5564
retracement (61,8%) 1.5555

Extensions (61.8%) 1.5651
Extensions (100.0%) 1.5681
Extensions (138.2%) 1.5711
Extensions (161.8%) 1.5729
calculation based on a Fibonacci retracement then today I choose buy

[Emi]

http://prntscr.com/3z7kvk
analysis for today 7 / 4 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 7 / 3 / 2014
OPEN 1.5562
HIGH 1.5603
LOW 1.5525
CLOSED 1.5543

The third resistance (R3) 1.5603 -( 1.5557 - 1.5525 = 0.0032 x 2 = 0.0064 )= 1.5667
The second Resistance (R2) 1.5557 + 1.5603 - 1.5525 = 1.5635
First resistance (R1) 1.5557 x 2 = 3.1114 - 1.5525 = 1.5589
pivot points 1.5603 + 1.5525 + 1.5543 = 4.6671 / 3 = 1.5557
Support for the first (S1) 1.5557 x 2 = 3.1114 - 1.5603 = 1.5511
Support second (S2) 1.5557 -( 1.5603 - 1.5525 = 0.0078 ) = 1.5479
Third Support (S3) 1.5525 -( 1.5603 - 1.5557 = 0.0046 x 2 = 0.0092 )= 1.5433

[BURHANFX]

analysis for today 7 / 3 / 2014
EUR/NZD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.5583
Retracement (50%) 1.5591
retracement (61,8%) 1.5599

Extensions (61.8%) 1.5517
Extensions (100.0%) 1.5492
Extensions (138.2%) 1.5467
Extensions (161.8%) 1.5451
calculation based on a Fibonacci retracement then today I choose sell

[Emi]

http://prntscr.com/3yvbhp
analysis for today 7 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 7 / 2 / 2014
OPEN 1.5585
HIGH 1.5624
LOW 1.5558
CLOSED 1.5563

The third resistance (R3) 1.5624 -( 1.5582 - 1.5558 = 0.0024 x 2 = 0.0047 )= 1.5671
The second Resistance (R2) 1.5582 + 1.5624 - 1.5558 = 1.5648
First resistance (R1) 1.5582 x 2 = 3.1163 - 1.5558 = 1.5605
pivot points 1.5624 + 1.5558 + 1.5563 = 4.6745 / 3 = 1.5582
Support for the first (S1) 1.5582 x 2 = 3.1163 - 1.5624 = 1.5539
Support second (S2) 1.5582 -( 1.5624 - 1.5558 = 0.0066 ) = 1.5516
Third Support (S3) 1.5558 -( 1.5624 - 1.5582 = 0.0042 x 2 = 0.0085 )= 1.5473

[BURHANFX]

http://prntscr.com/3ynlbz
analysis for today 7 / 2 / 2014
EUR/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.5613
Retracement (50%) 1.5604
retracement (61,8%) 1.5595

Extensions (61.8%) 1.5693
Extensions (100.0%) 1.5724
Extensions (138.2%) 1.5755
Extensions (161.8%) 1.5773
calculation based on a Fibonacci retracement then today I choose buy

[Emi]

http://prntscr.com/3ylauj
analysis for today 7 / 2 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 7 / 1 / 2014
OPEN 1.5629
HIGH 1.5644
LOW 1.5564
CLOSED 1.5584

The third resistance (R3) 1.5644 -( 1.5597 - 1.5564 = 0.0033 x 2 = 0.0067 )= 1.5711
The second Resistance (R2) 1.5597 + 1.5644 - 1.5564 = 1.5677
First resistance (R1) 1.5597 x 2 = 3.1195 - 1.5564 = 1.5631
pivot points 1.5644 + 1.5564 + 1.5584 = 4.6792 / 3 = 1.5597
Support for the first (S1) 1.5597 x 2 = 3.1195 - 1.5644 = 1.5551
Support second (S2) 1.5597 -( 1.5644 - 1.5564 = 0.0080 ) = 1.5517
Third Support (S3) 1.5564 -( 1.5644 - 1.5597 = 0.0047 x 2 = 0.0093 )= 1.5471

[nelima248]

Hi, eur /nzd is a pair of currency.we know that there are many pairs of currency.different traders use different pairs of currency. I also use different pair in different time. The pair uro /nzd is one of them.

[BURHANFX]

http://prntscr.com/3ybzns
analysis for today 7 / 1 / 2014
EUR/NZD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.5574
Retracement (50%) 1.5588
retracement (61,8%) 1.5601

Extensions (61.8%) 1.5459
Extensions (100.0%) 1.5415
Extensions (138.2%) 1.5371
Extensions (161.8%) 1.5344
calculation based on a Fibonacci retracement then today I choose sell

[Emi]

http://prntscr.com/3y7wf0
analysis for today 7 / 1 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 5 / 30 / 2014
OPEN 1.5531
HIGH 1.5645
LOW 1.5530
CLOSED 1.5628

The third resistance (R3) 1.5645 -( 1.5601 - 1.5530 = 0.0071 x 2 = 0.0142 )= 1.5787
The second Resistance (R2) 1.5601 + 1.5645 - 1.5530 = 1.5716
First resistance (R1) 1.5601 x 2 = 3.1202 - 1.5530 = 1.5672
pivot points 1.5645 + 1.5530 + 1.5628 = 4.6803 / 3 = 1.5601
Support for the first (S1) 1.5601 x 2 = 3.1202 - 1.5645 = 1.5557
Support second (S2) 1.5601 -( 1.5645 - 1.5530 = 0.0115 ) = 1.5486
Third Support (S3) 1.5530 -( 1.5645 - 1.5601 = 0.0044 x 2 = 0.0088 )= 1.5442

[RaKalan]

EURNDZ looks good for Downtrend on this pair and lets wait for a breakthrough of previous low 1.5479 for the better entry point then using next barrier 1.5293 as target. As we can see here, i place the upside barrier at 1.5699.