empty
 
 
02.06.2015 12:50 PM
EUR/NZD : analysis for June 02, 2015

This image is no longer relevant

This image is no longer relevant

Overview:

Recently, EUR/NZD has been trading upwards. As we expected, the price tested the level of 1.5529 in a very high volume and with very strong price action. The short-term trend is bullish. According to the daily time frame, we can observe demand in a high volume with strong price action in the background. According to the H4 time frame, the price was successfully rejected from the recent swing high zone (support). Selling looks risky since we are in the bullish trend and we have strong bullish activity in the background. Watch for potential buying opportunities after the bearish correction (buy on dips). Next bullish objective point is around the level of 1.5800. We can observe re-accumulation on the market.

Fibonacci Pivot Points:

Resistance levels:

R1: 1.5495

R2: 1.5540

R3: 1.5620

Support levels:

S1: 1.5335

S2: 1.5290

S3: 1.5210

Trading recommendations: Be careful when selling EUR/NZD at this stage since we can observe strong a bullish activity (volume) in the background and broken supply trendline. Potential re-accumulation.

Petar Jacimovic,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2025
Summary
Urgency
Analytic
Petar Jacimovic
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $6000 अधिक!
    में दिसंबर हम आकर्षित करते हैं $6000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback