Thread: Gbp/Nzd
pair- gbp/nzd
time frame analysis- m30
the down movement of the price has been moved to the daily support level three at 2.0934 level. the rsi indicator is moving out from the oversold level 30 so price up movement can expected. long with profit target at 2.1360 and stop loss at 2.0870
good luck
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zainm6050 (2019-05-28)
Spoiler:
Daily Forecast
Major Trend: Bullish
Time Frame: Daily
Reason: There are several possibilities for the correction point at 2.0860 or 2.1024. Only apsti market correction due to stochastic has entered overbought area.
Recommendation: Sell
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zainm6050 (2019-05-28)
Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: Market still show great potential bullish. To be safe, the market will be a correction at 2.1101 at the fibo 61.8.
Recommendation: Buy limit at 2.1101
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zainm6050 (2019-05-28)
pair- gbp/nzd
time frame analysis- m30
the up movement of the price is not able to break the daily resistance at 2.0847 level and falling down side. the movement of the rsi indicator is below the 50 level. short with take profit at 2.0480 with stop loss at 2.0860
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.
zainm6050 (2019-05-28)
daily overview for Gbp-Nzd
r3: 2.0435
r2: 2.0332
r1: 2.0207
s1: 1.9979
s2: 1.9876
s3: 1.9751
the pair broke the up trend to down
so our trade for the pair is sell
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.
zainm6050 (2019-05-28)
pair- gbp/nzd
time frame analysis- m30
the up movement of the price is break the daily resistance three level at 2.0303 level but rejecting down side from the 2.0345 level. the price is making doji pattern so down movement can expected. short with take profit at 2.0200 level with stop loss at 2.0375
good luck
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zainm6050 (2019-05-28)
we can see a double bottom formed on GBPNZD, especially at 2.0064. So, it good indication price will increase back to test upper barrier at 2.0164 or extend to 2.0364.
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.
zainm6050 (2019-05-28)
daily overview for Gbp-Nzd
r3: 2.0302
r2: 2.0237
r1: 2.0146
s1: 1.9990
s2: 1.9925
s3: 1.9834
the pair broke the channel to down
the pair broke the triangle to sell
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.
zainm6050 (2019-05-28)
pair- gbp/nzd
time frame analysis- m30
the rsi indicator is showing overbought as moving level 70 and in the price chart its at the resistance 2.0170 level and making doji pattern. its may again down side. short with profit target at 2.0000 and stop loss at 2.0220
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.
zainm6050 (2019-05-28)
GBPNZD pair shows the movement up to the top with a target 2.0040 resistance. With expectations continue to receive support from the 1.9990 pivot point. But the possibility of turning bearish 1.9930 to warrant concern.
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.
zainm6050 (2019-05-28)
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