Thread: Gbp/Nzd
I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method
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Gbp/Nzd
Resistance Level
Resistance Level (R3): 2.034
Resistance Level (R2): 2.030
Resistance Level (R1): 2.026
Pivot Point: 2.022
Supporting Level
Support Level (S1): 2.018
Support Level (S2): 2.014
Support Level (S3): 2.011
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The post-financial crisis and massive central bank stimulus that followed in developed nations has led to some of the lowest bond yields in history. In a move to find higher returns, cash has moved abroad into economies that offer higher yielding assets. Countries such as New Zealand have benefitted during these times, but with the Fed's move to scale back asset purchases in combination with slower growth in China, the four year trend may be showing signs of fundamental weakness.
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.
Gbpnzd
british pound / new zealand dollar
2.00420
nzd
−0.01780 (−0.88%)
market open (feb 12 04:39 utc-5)
2.02200
prev
2.02200
open
113.639k
volume
2.00106 — 2.02381
day's range
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11Star (2020-02-12)
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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.
11Star (2020-02-12), Unregistered (1)
Hello Traders
Market Commentary:
The trend is bullish or in bearish , i will inform in the chart and there will be a PB can occur and some correction may start, so MIND that DONT TRADE THE CORRECTION and what i am expecting the CORRECTION....Wait for the PB ends...and give entry in the trend side...If u r doing the PB and correction u will took loss ....trade only in trend side....try to identify the short term PB and the long term PB ...then trade in small lots in the short term and trade with big lots in the Long term trend... PB means PULLBACK
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.
11Star (2020-02-12)
GBPNZD is expected to drop to 1st support at 1.98139 where it could potentially react off and up to 1st resistance at 2.00959. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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.
11Star (2020-02-12), Muhammadasif11 (2020-02-12)
Forex forum is the best forum in the world.it provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading than I have made trading and earn good profit.
Note: Always follow the making experienced with others having great knowledge about trading...
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.
11Star (2020-02-12), Muhammadasif11 (2020-02-12), Shahzad apl (2020-02-12)
Forex forum is the best forum in the world.it provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading than I have made trading and earn good profit.
Note: Always follow the making experienced with others having great knowledge about trading...
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.
11Star (2020-02-12), Hassinali (2020-02-12), Muhammadasif11 (2020-02-12), Shahzad apl (2020-02-12)
GBPNZD main and major trend is Bearish
1. Support 2.0171
2. Support 2.0129
3. Support 2.0090
1. Resistance 2.03252
1. Resistance 2.0315
1. Resistance 2.0355
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.
11Star (2020-02-12), Hassinali (2020-02-12), Muhammadasif11 (2020-02-12), Zaib55 (2020-02-12)
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