empty
 
 
03.06.2015 02:09 PM
EUR/NZD analysis for June 03, 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 1.5593 in a very high volume but with weak 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 (re-accumulation). Watch for potential buying opportunities after the bearish correction (buy on dips). The next bullish objective point is around the level of 1.5800. Support level is at the price of 1.5510.

Fibonacci Pivot Points :

Resistance levels:

R1: 1.5580

R2: 1.5645

R3: 1.5740

Support levels:

S1: 1.5390

S2: 1.5330

S3: 1.5235

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

Petar Jacimovic,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Petar Jacimovic
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback