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It is clear in the figure that will drop EURNZD Significantly in the European and U.S. sessions later. It is seen from Stoch indicator and the indicator moving average of the which has been intersected with each other. EURNZD Likely will fall to the level of 1.5541 or possibly could be lower than that
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analysis for today 6 / 25 / 2014
EUR/NZD
Resistance : R1 1.5727 R2 1.5752 R3 1.5772 R4 1.5802
Support : S1 1.5626 S2 1.5601 S3 1.5581 S4 1.5551
Open : 1.5683
High : 1.5701
Low : 1.5652
Range : 49 Pips
Running Price : 1.5660
Strategy : BUY at the level 1.5660 stop loss at the level 1.5626 target take profit at the level 1.5772 or at the level 1.5802
---------- Post added at 09:09 AM ---------- Previous post was at 09:07 AM ----------
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analysis for today 6 / 25 / 2014
EUR/NZD
Resistance : R1 1.5727 R2 1.5752 R3 1.5772 R4 1.5802
Support : S1 1.5626 S2 1.5601 S3 1.5581 S4 1.5551
Open : 1.5683
High : 1.5701
Low : 1.5652
Range : 0.0049 Pips
Running Price : 1.5660
Strategy : BUY at the level 1.5660 stop loss at the level 1.5626 target take profit at the level 1.5772 or at the level 1.5802
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pair- eur/nzd
chart analysis time frame- m30
the down movement of the price is not able to break the support at 1.5588 level and moving up side. the macd indicator is also up trend side. if the price is break strong resistance at 1.5642 level then make long entry with take profit at 1.5690 level and stop loss at the 1.5550
good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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analysis for today 6 / 24 / 2014
EUR/NZD
Resistance : R1 1.5657 R2 1.5682 R3 1.5702 R4 1.5732
Support : S1 1.5546 S2 1.5521 S3 1.5501 S4 1.5471
Open : 1.5610
High : 1.5621
Low : 1.5582
Range : 39 Pips
Running Price : 1.5588
Strategy : BUY at the level 1.5588 stop loss at the level 1.5546 target take profit at the level 1.5702 or at the level 1.5732
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analysis for today 6 / 23 / 2014
EUR/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.5625
Retracement (50%) 1.5621
retracement (61,8%) 1.5616
Extensions (61.8%) 1.5664
Extensions (100.0%) 1.5679
Extensions (138.2%) 1.5694
Extensions (161.8%) 1.5703
calculation based on a Fibonacci retracement then today I choose buy
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analysis for today 6 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 6 / 20 / 2014
OPEN 1.5605
HIGH 1.5640
LOW 1.5601
CLOSED 1.5628
The third resistance (R3) 1.5640 -( 1.5623 - 1.5601 = 0.0022 x 2 = 0.0044 )= 1.5684
The second Resistance (R2) 1.5623 + 1.5640 - 1.5601 = 1.5662
First resistance (R1) 1.5623 x 2 = 3.1246 - 1.5601 = 1.5645
pivot points 1.5640 + 1.5601 + 1.5628 = 4.6869 / 3 = 1.5623
Support for the first (S1) 1.5623 x 2 = 3.1246 - 1.5640 = 1.5606
Support second (S2) 1.5623 -( 1.5640 - 1.5601 = 0.0039 ) = 1.5584
Third Support (S3) 1.5601 -( 1.5640 - 1.5623 = 0.0017 x 2 = 0.0034 )= 1.5567
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pair- eur/nzd
chart analysis time frame- m30
the price is break the supporting trend line at the 1.5608 level and falling down. this is move at the lower support 1.5560 level and may move up side. the movement of the cci indicator is up side. long this with take profit at the 1.5630 with stop loss at 1.5540
good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Today's Analysis for the EURNZD According to the analysis I did, I predicted some strong points for the selling or buying to be commenced, I think 1.5598 would be a great place to start selling from but only if a candle stick closes below that support level, other wise start buying. As for the resistance level, I think 1.5632 would make a strong place for it.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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