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

CG Sponsors



Recommended Brokers

CG Updates
0 Video embed in post
Last Post: CariGold
Posted On: 15-12-2016
Replies: 0
Views: 18,376
0 Software Upgrade
Last Post: CariGold
Posted On: 09-12-2016
Replies: 1
Views: 13,903
0 New forum feature to help you manage updates of your own thread
Last Post: CariGold
Posted On: 22-02-2016
Replies: 0
Views: 39,638
More...
Reply
 
Thread Tools
  #41  
Old 22-04-2017, 01:13 AM
painofhell painofhell is offline
Active Member

painofhell's Avatar
 
Trader Rating: (0)
Join Date: Aug 2014
Posts: 1,766
Post Thanks / Like
Thanks (Received): 26
Likes (Received): 0
Dislikes (Received): 0
Active Level
Default

Price has dropped to our buying level as expected and started to bounce up again. We remain bullish looking to buy on dips above 0.6985 support (Fibonacci retracement, horizontal overlap support) for a further push up to 0.7092 resistance (Fibonacci extension, Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong support above the 3.9% level where we expect a further bounce from.
Buy above 0.6985. Stop loss at 0.6934. Take profit at 0.7092.

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
  #42  
Old 24-04-2017, 02:35 PM
mazri_2008 mazri_2008 is offline
Active Member

mazri_2008's Avatar
 
Trader Rating: (4)
Join Date: Nov 2008
Location: REBAT 1.3PIP INSTAFOREX
Posts: 2,378
Post Thanks / Like
Thanks (Received): 3
Likes (Received): 29
Dislikes (Received): 2
Active Level
Default

NZD/USD Intraday technical levels and trading recommendations for April 24, 2017


To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts.


The NZD/USD pair was trapped within the depicted price range (0.6860-0.6990) until a bullish breakout occurred.

A bullish breakout above 0.6960-0.7000 allowed the pair to head toward the price level of 0.7100 (the key level) which failed to provide sufficient bearish pressure on the pair.

Bullish persistence above 0.7100 allowed a further advance toward 0.7250-0.7350 (Sell-Zone) where the bearish price action was expected.

Bearish persistence below 0.7250 allowed a further decline toward 0.7100 then 0.6960 which failed to provide enough support for the pair.

That is why a further fall was expected toward 0.6860 (the lower limit of the depicted BUY zone) where a bullish position was suggested in previous articles.

Recently, a bullish breakout was achieved above the depicted key level (0.6960).

That is why the recent bearish pullback toward 0.6960 offered significant bullish rejection and a valid BUY entry which is running in profits now.

Note the depicted bullish 1-2-3 pattern with projection target around 0.7250 provided that bullish fixation above 0.7080-0.7100 (neckline) is achieved on a daily basis.

On the other hand, the price level of 0.7100 remains a significant key level to prevent a further bullish advance toward 0.7250.
__________________
SETIAP KALI ANDA TUTUP DAGANGAN..ANDA DAPAT REBAT
1.3 PIPS AUTOREBATE
| 86.67% BANK IN
250% BONUS + BONUS LAIN INSTAFOREX
DEPO/WD 0199112018 (SEDANFX
)
Reply With Quote
Thanks 0 Likes 0 Dislikes 0
 
  #43  
Old 27-04-2017, 01:11 AM
painofhell painofhell is offline
Active Member

painofhell's Avatar
 
Trader Rating: (0)
Join Date: Aug 2014
Posts: 1,766
Post Thanks / Like
Thanks (Received): 26
Likes (Received): 0
Dislikes (Received): 0
Active Level
Default

NZD/USD is expected to prevail the downside movement. The pair is consolidating on the downside. The downward momentum is further reinforced by the declining 50-period moving average. The relative strength index is below its neutrality level at 50.
Hence, as long as 0.6960 holds on the upside, look for a further drop to 0.6905 and even to 0.6885 in extension.

The pair is trading below its pivot point. It is likely to trade in a lower range as long as it remains below the pivot point. Short positions are recommended with the first target at 0.6925. A break below this target will move the pair further downwards to 0.6905. The pivot point stands at 0.6985. If the price moves in the opposite direction and bounces back from the support level, it will move above its pivot point. It is likely to move further to the upside. According to that scenario, long positions are recommended with the first target at 0.7005 and the second one at 0.7020.

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
 
  #44  
Old Today, 03:14 AM
painofhell painofhell is offline
Active Member

painofhell's Avatar
 
Trader Rating: (0)
Join Date: Aug 2014
Posts: 1,766
Post Thanks / Like
Thanks (Received): 26
Likes (Received): 0
Dislikes (Received): 0
Active Level
Default

NZDUSD has been impulsively bearish throughout the week taking the price all the way down from 0.7050 to 0.6890. Today, NZD Building Consents report was published with a negative figure at -1.8% which previously was at 17.2% and Trade Balance report was also not quite as forecasted at 332M which was expected to be at 375M. Besides, ANZ Business Confidence report was also published today which did show a bit of change at 11.0 which previously was at 11.3. On the other hand, on the USD front Flash GDP report is due today, which is expected to show a decline to 1.3% which previously was at 2.1%. Employment Cost Index is expected to show a slightly better value of 0.6% which previously was at 0.5%. Among the other events in the US is FOMC Member Brainard is about to speak today about key interest rates and further monetary policies. The market is likely to be quite volatile today during the US events. So a daily close today will help to predict a further dynamic in this pair.

Now let us consider the technical view. The price is currently residing just below the important price level of 0.6890. Yesterday, the market closed with an indecision candle ahead of today's NZD and USD events. If the price remains below the resistance level of 0.6890 with a daily close today, then we can expect the price to move down to 0.6700 support level. On the other hand, if the price closes above 0.6890 level with a daily close, then we may see the price moving further up towards 0.6980 level. A daily close today is needed to predict a further move in this pair.

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 07:39 AM.


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