empty
 
 
04.08.2015 09:46 AM
EUR/NZD analysis for August 06, 2015

This image is no longer relevant

This image is no longer relevant

Overview:

Recently, EUR/NZD has been moving sideways around the level of 1.6650. Low volatility is observed on the market. In the daily time frame, we can observe a weak demand bar in a volume just above the average. The price rejected from our major resistance level (1.6805). According to the H4 time frame, we can observe price action in a volume below the average. The short-term trend has changed from bullish to neutral. Be careful when selling EUR/NZD at this stage. I found a strong trading range between the levels of 1.6805 and 1.6333.

Fibonacci Pivot Points :

Resistance levels:

R1: 1.6785

R2: 1.6830

R3: 1.6900

Support levels:

S1: 1.6640

S2: 1.6600

S3: 1.6525

Trading recommendations: Sideywas market. Wait for a breakout of the trading range to confirm further direction.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback