Forex Gratis! Modal - hadiah dari broker. Dapatkan bonus $50!


     
All banners are advertisements only. CG does not endorse or vouch for any advertisers. Read Disclaimer HERE


Go Back   CariGold Forum > MAKE MONEY DISCUSSION > Forex > Forex Analysis > Technical Analysis

Recommended Brokers

CG Sponsors



CG Updates
0 Reverting back old theme
Last Post: CariGold
Posted On: 06-05-2017
Replies: 0
Views: 5,219
0 CariGold new theme version - and more features are coming!
Last Post: niagafx
Posted On: 06-05-2017
Replies: 538
Views: 15,951
0 Video embed in post
Last Post: CariGold
Posted On: 15-12-2016
Replies: 0
Views: 21,778
More...
Reply
 
Thread Tools
  #61  
Old 08-07-2017, 04:19 AM
painofhell painofhell is offline
Active Member

painofhell's Avatar
 
Trader Rating: (0)
Join Date: Aug 2014
Posts: 1,966
Thanks (Received): 26
Likes (Received): 4
Dislikes (Received): 0
Active Level
Default

NZD/USD has been quite volatile recently, struggling to reach the resistance level of 0.7370. This week, New Zealand has provided mixed economic reports which are the main reason behind the struggle of the bullish move in this pair now. Recently, NZ NZIER Business Confidence report was published with a rise to 18 from the previous value of 17 and ANZ Commodity price showed a decrease to 2.1% from the previous value of 3.2%.

Today is an important day for USD as a batch of high impact economic reports are due later. Today, US Average Hourly Earnings report is to be published which is expected to show a slight increase to 0.3% from the previous score of 0.2%, Non-Farm Unemployment Change is expected to show an increase to 175k from the previous value of 138k, and the Unemployment Rate is expected to be unchanged at 4.3%. Besides, FED Monetary Policy report is also going to be published today which is expected to be hawkish as well. Though the economic calendar is packed with high impact data from the US today, any negative outcome of any report may lead to further gains on NZD in the coming days.

To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.
__________________
Reply With Quote
Thanks 0 Likes 0 Dislikes 0
 
Paid Advertisement
  #62  
Old 13-07-2017, 04:25 AM
painofhell painofhell is offline
Active Member

painofhell's Avatar
 
Trader Rating: (0)
Join Date: Aug 2014
Posts: 1,966
Thanks (Received): 26
Likes (Received): 4
Dislikes (Received): 0
Active Level
Default

NZD/USD is expected to trade with a bullish outlook. Although the pair posted a pullback from 0.7240, it is still trading above the key support at 0.7200 (the low of July 11), which should limit the downside potential. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
To conclude, as long as 0.7245 is not broken, look for a rebound with targets at 0.7280 and 0.7300 in extension.
Strategy: BUY Stop Loss: 0.7245 Take Profit: 0.7280

Chart Explanation: The black line shows the pivot point. Currently, the price is above the pivot point which indicates the bullish position. If it is below the pivot points, it indicates the short position. The red lines show the support levels and the green line indicates the resistance levels. These levels can be used to enter and exit trades.

Resistance levels: 0.7280, 0.7300, and 0.7375
Support levels: 0.7215, 0.7200, and 0.7165

To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.
__________________
Reply With Quote
Thanks 0 Likes 0 Dislikes 0
 
  #63  
Old 14-07-2017, 09:01 PM
painofhell painofhell is offline
Active Member

painofhell's Avatar
 
Trader Rating: (0)
Join Date: Aug 2014
Posts: 1,966
Thanks (Received): 26
Likes (Received): 4
Dislikes (Received): 0
Active Level
Default

The NZDUSD currency pair experienced high volatility during the week and moved higher towards the value of 0.7200.
The bullish bias remains in the market, taking us closer to the resistance level 0.7350.
At the same time, traders should pay attention not to take long positions, in case the "bullish" potential will not fall and prices were able to firmly fix above the value of 0.7350, it will open the way through 0.7400 / 0.7480.

- It is recommended to buy the pair after fixing the price above the level of 0.7370 with the target to move near 0.7400 / 0.7480.
- Selling the pair is recommended after the resumption of the downward interest, probably after the formation of the cluster within the level of 0.7350.

To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.
__________________
Reply With Quote
Thanks 0 Likes 0 Dislikes 0
 
  #64  
Old Today, 04:26 AM
painofhell painofhell is offline
Active Member

painofhell's Avatar
 
Trader Rating: (0)
Join Date: Aug 2014
Posts: 1,966
Thanks (Received): 26
Likes (Received): 4
Dislikes (Received): 0
Active Level
Default

Our target which we predicted in 18th July analysis has been hit. NZD/USD is expected to continue its upside movement. Although the pair posted a pullback, it is still trading above the key support at 0.7330, which should limit the downside potential.
The relative strength index calls for a new upleg. Hence, as long as 0.7330 is not broken, look for a further rise to 0.7405 and even to 0.7435 in extension.
Strategy: BUY Stop Loss: 0.7330 Take Profit: 0.7405

Chart Explanation: The black line shows the pivot point. Currently, the price is above the pivot point which indicates the bullish position. If it is below the pivot points, it indicates the short position. The red lines show the support levels and the green line indicates the resistance levels. These levels can be used to enter and exit trades.
Resistance levels: 0.740, 0.7405, and 0.7445
Support levels: 0.7310, 0.7285, and 0.7245

To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.
__________________
Reply With Quote
Thanks 0 Likes 0 Dislikes 0
 
Sponsored Links
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +8. The time now is 10:38 PM.


Copyright ©2000 - 2017, CariGold.com.
All posts published herein are merely based on individual views, and they do not expressly or by implications represent those of CariGold.com or its owner. It is hereby made clear that CariGold.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. CariGold.com also does not give and/or offer any investment advice to any members and/or readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that CariGold. com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you