empty
 
 
25.02.2014 03:46 PM
EUR/NZD analysis for February 25, 2014
This image is no longer relevant

Overview:

Since our previous analysis, the EUR/NZD pair has been trading downwards, the price tested the level of 1.6455. Our previous analysis is still active. We can observe selling climax at the price of 1.6470. Our upper stations still valid, so major upper station is a level around the price of 1.6790 (FE 100%). We also got submajor upper stations at the price of 1.6620 and 1.6665 (previous swing highs). I placed Fibonacci levels to find potential end of bearish corrective phase(potential d point). I got FE 100% at the price of 1.6445 (almost tested) , FR 38,2% at the price of 1.6510 and FE 61.8% at the price of 1.6415. Be careful with selling since we may see end of bearish corrective phase (abcd) and we also got selling climax on the low. EUR/NZD is in short-and mid-term bullish trend, so watch for buying opportunities on the dips and try to catch the bullish continuation phase.

Daily pivot Fibonacci points:

Resistance levels:

R1: 1.6587

R2: 1.6624

R3: 1.6684

Support levels:

S1: 1.6466

S2 : 1.6429

S3: 1.6368

Trading recommendation: Be careful with selling the EUR/NZD pair, watch for buying opportunities and try to catch the bullish continuation phase.

Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $1000 lebih banyak!
    Pada Juni kami mengundi $1000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 100% Bonus
    Kesempatan langka untuk mendapatkan bonus 100% pada deposit anda
    DAPATKAN BONUS
  • 55% Bonus
    Ajukan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback