empty
 
 
09.12.2015 04:55 PM
EUR/NZD : analysis for December 09, 2015

This image is no longer relevant

This image is no longer relevant

Overview:

Recently, EUR/NZD has been moving upwards. As I had expected, the price tested the level of 1.6571 in a high volume. According to the H1 time frame, we can observe strong resistance cluster at the level of 1.6570 (currently on the test). I placed Fibonacci expansion to find potential profit targets. First profit target has been reached at 1.6480 (Fibonacci expansion 61.8%) and second is at 1.6745 (Fibonacci expansion 100%.) is still in the play. Watch for RBNZ decision today and then act according to price action. Watch for potential buying opportunities on dips.The short-term trend has changed from downward to upward.

Fibonacci Pivot Points :

Resistance levels:

R1: 1.6445

R2: 1.6490

R3: 1.6550

Support levels:

S1: 1.6315

S2: 1.6275

S3: 1.6210

Trading recommendations : Buying EUR/NZD at this stage looks very risky since the price testing major resistance cluster. Watch for potential buying opportunities after potential breakout of our resistance.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $1000 lebih lagi!
    Dalam Jun kami membuat cabutan bertuah $1000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget