I think the general over short term is to the upside targeting 1.7630 as far as area of 1.7780.Thanks a lot
I think the general over short term is to the upside targeting 1.7630 as far as area of 1.7780.Thanks a lot
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1.6387 and 1.6325 are very strong support for the pair and I expect it to hold and price is forming in an upward channel which is atleast pointing towards 1.7640 but long term I am expecting very high prices in the cross so watch out for any break above 1.6681 which will be first good indication for the momentum to coming in
regards
check the chart
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Based on the fact that the pair eur \ nzd trade is below the moving average line. additional indicator below the zero line indicating a fall and the basic indicator gives a sell signal would recommend to sell at a penetration of the line to the support line 1.65582 1.64462 stop loss set at 1.66076 resistance line.
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I use scalping strategies on this currency pairs Eur/Nzd so I prefer the short time that is the timeframe M15 and M30,
that's position market on 1.6440 then also there are some indicators that I use as the Bollinger Bands is TREND DOWN, ADX is TREND DOWN, Stochastic is TREND UP.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order SELL at current market at 17:33 and use a stop loss and take profit of 30 pips
is the take profit at 1.641 and stop loss at 1.647
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today i like to sell this pair @ 1.6536
my stop loss of the day @ 1.6576
half take profit for today @ 1.6500
and further half take profit @ 1.6468
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since this morning EURNZD movement straight down. Daily LSMA conditions are pointing down. prices are also under BS daily band. weekly LSMA conditions are still pointing down. all references to say if the trend towards price is down. then there is no safe transactions than sell. please open sell without a target, because the trend is likely to continue sell. but do not forget to set a stop loss, which is at 1.6575.
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I use technical analysis of currency pairs EURNZD in the market at 11:47 which is the current market position is at 1.6529 with H1 timeframe,
then I get the results of several indicators such as the Bollinger Bands = TREND DOWN, MACD = TREND DOWN, Parabolic SAR = TREND DOWN, Stochastic = TREND DOWN,
but it is by looking at the position on the market today gained 1.6676 points pivots, yesterday high at 1.6781 and yesterday low at 1.6596 so support and resistance
R3 : 1.6941
R2 : 1.6861
R1 : 1.6756
Pivots : 1.6676
S1 : 1.6571
S2 : 1.6491
S3 : 1.6386
of some of the analysis contained in the signal TREND DOWN at currency pairs EURNZD, so the best step to open position SELL by set take profit at 1.6509 and stop loss at 1.6549. good luck
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Eur/nzd analysis for 09.06.2013 by using pivot indicator.
r3: 1.69585
r2: 1.68783
r1: 1.67564
pivot: 1.66762
s1: 1.65543
s2: 1.64741
s3: 1.63522
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today I am going to open position BUY at market watch 06:58 in currency pairs Eur/Nzd with H1 timeframe and market position at 1.6583,
because if my prediction of several indicators in Cricket Scalper shows there is a BULLISH signal on the Eur/Nzd pairs
and Stoch(5, 3, 3) indicators are in position 15 and shows a BULLISH signal,
so the most appropriate order position is to perform open BUY position by placing a stop loss at 1.6563 and take profit at 1.6603
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