Eur/Nzd

[BURHANFX]

http://prntscr.com/3q8dlx
analysis for today 6 / 6 / 2014
EUR/NZD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.6043
Retracement (50%) 1.6064
retracement (61,8%) 1.6084

Extensions (61.8%) 1.5870
Extensions (100.0%) 1.5804
Extensions (138.2%) 1.5738
Extensions (161.8%) 1.5697
calculation based on a Fibonacci retracement then today I choose sell

[ng1985]

pair- eur/nzd
chart analysis time frame- 30



the price is making double bottom chart pattern with having the support at 1.5976 level. this is having resistance at the 1.6090 level. the cci movement is going to above 100 level. long with the stop loss at the 1.5950
good luck

[Emi]

http://prntscr.com/3q3srs
analysis for today 6 / 6 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 6 / 5 / 2014
OPEN 1.6143
HIGH 1.6150
LOW 1.5977
CLOSED 1.6066

The third resistance (R3) 1.6150 -( 1.6064 - 1.5977 = 0.0087 x 2 = 0.0175 )= 1.6325
The second Resistance (R2) 1.6064 + 1.6150 - 1.5977 = 1.6237
First resistance (R1) 1.6064 x 2 = 3.2129 - 1.5977 = 1.6152
pivot points 1.6150 + 1.5977 + 1.6066 = 4.8193 / 3 = 1.6064
Support for the first (S1) 1.6064 x 2 = 3.2129 - 1.6150 = 1.5979
Support second (S2) 1.6064 -( 1.6150 - 1.5977 = 0.0173 ) = 1.5891
Third Support (S3) 1.5977 -( 1.6150 - 1.6064 = 0.0086 x 2 = 0.0171 )= 1.5806

[ng1985]

pair- eur/nzd
chart analysis time frame- m30



the price is break the supporting trend line at the 1.6095 level and falling down below the daily support level three at 1.6033 level. the cci indicator is also moving below the -100 level so up movement as correction can expected. hold the short entry with stop loss at 1.6155 and take profit at 1.5800

good luck.

[Emi]

http://prntscr.com/3psqmy
analysis for today 6 / 5 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 6 / 4 / 2014
OPEN 1.6158
HIGH 1.6199
LOW 1.6123
CLOSED 1.6142

The third resistance (R3) 1.6199 -( 1.6155 - 1.6123 = 0.0032 x 2 = 0.0063 )= 1.6262
The second Resistance (R2) 1.6155 + 1.6199 - 1.6123 = 1.6231
First resistance (R1) 1.6155 x 2 = 3.2309 - 1.6123 = 1.6186
pivot points 1.6199 + 1.6123 + 1.6142 = 4.8464 / 3 = 1.6155
Support for the first (S1) 1.6155 x 2 = 3.2309 - 1.6199 = 1.6110
Support second (S2) 1.6155 -( 1.6199 - 1.6123 = 0.0076 ) = 1.6079
Third Support (S3) 1.6123 -( 1.6199 - 1.6155 = 0.0044 x 2 = 0.0089 )= 1.6034

[BURHANFX]

http://prntscr.com/3plrm0
analysis for today 6 / 4 / 2014
EUR/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.6128
Retracement (50%) 1.6111
retracement (61,8%) 1.6094

Extensions (61.8%) 1.6268
Extensions (100.0%) 1.6321
Extensions (138.2%) 1.6374
Extensions (161.8%) 1.6408
calculation based on a Fibonacci retracement then today I choose buy

[Emi]

http://prntscr.com/3ph51t
analysis for today 6 / 4 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 6 / 3 / 2014
OPEN 1.6079
HIGH 1.6181
LOW 1.6041
CLOSED 1.6158

The third resistance (R3) 1.6181 -( 1.6127 - 1.6041 = 0.0086 x 2 = 0.0171 )= 1.6352
The second Resistance (R2) 1.6127 + 1.6181 - 1.6041 = 1.6267
First resistance (R1) 1.6127 x 2 = 3.2253 - 1.6041 = 1.6212
pivot points 1.6181 + 1.6041 + 1.6158 = 4.8380 / 3 = 1.6127
Support for the first (S1) 1.6127 x 2 = 3.2253 - 1.6181 = 1.6072
Support second (S2) 1.6127 -( 1.6181 - 1.6041 = 0.0140 ) = 1.5987
Third Support (S3) 1.6041 -( 1.6181 - 1.6127 = 0.0054 x 2 = 0.0109 )= 1.5932

[ng1985]

pair- eur/nzd
chart analysis time frame- m30



the price is moving above the daily pivot point support at 1.6126 level and also making a pull up with strong bullish candle. this will break the resistance at 1.6182 and moved to the 1.6200 level. long with the profit target and the stop loss at the daily support 1.6072

good luck.

[BURHANFX]

http://prntscr.com/3pahh9
analysis for today 6 / 3 / 2014
EUR/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.6077
Retracement (50%) 1.6068
retracement (61,8%) 1.6059

Extensions (61.8%) 1.6151
Extensions (100.0%) 1.6179
Extensions (138.2%) 1.6207
Extensions (161.8%) 1.6225
calculation based on a Fibonacci retracement then today I choose buy

[ng1985]

pair- eur/nzd
chart analysis time frame- m30



the price movement can see in the up trend channel pattern. its moving up from the support at 1.6040 and moved to the resistance at 1.6113 level. now the price may move down as cci is also moving above the 100 level. short with the stop loss at 1.6130

good luck.