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on the market EURNZD gap also occurs today, the price has reversed right after touching RI (1.6920) due to the timeframe of the currency pair is in an uptrend in strong, my recommendation is to put a limit buy at pivot area (1.6683) buy today is at 1.6703 area -1.6723) are located in the area sell 1.6663-16643
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the pair will go down to fibo
I see the pair will go to down way to 1.6358
stochastic refers that the pair will go down
so our target sell from 1.6458 and our target will 100pips
Good luck
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today i sell this pair @ 1.6827
my stop loss of the day @ 1.6854
half take profit @ 1.6800
and half @ 1.6766
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Hi,,
in the chart 1h we can see the pair will go to down way in the future
I see the pair will go to 1.6384
I expect from this analyze that the price will go to down way
so sell from 1.6779 to 1.6384
good luck
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Eur/nzd technical analysis
date : 06.10.2013
time : 03:15 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 54.89
2) MACD (26,12,9)
value: -0.0011
3) ADX (14)
value: 22.94
4)CCI(14)
value: 23.72
overall trend - slightly bearish.
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Eur/nzd analysis for 06.10.2013 by using pivot indicator.
r3: 1.7186
r2: 1.6994
r1: 1.6875
pivot: 1.6683
s1: 1.6564
s2: 1.6372
s3: 1.6253
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time frame- H1
price is opne with possitive gap and making a doji pattern. it is also rejected from the resistance at 1.6870. in the demarker indicator it is moving .7 level to down side. we can short this pair with the target support at the 1.6554
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.
Combine the still unstable around the endorsement of five blocks of five-hundredth one 7684.
4 h chart combines trend down.
Where the meat is cut short so that the trend (1 h), will proceed to sell
Purpose: 1.7405
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