empty
 
 
03.03.2015 12:45 PM
Technical analysis of NZD/USD for March 3, 2015
This image is no longer relevant
Overview:
  • The NZD/USD pair will continue its rise straight from the level of 0.7449 (38.2% of Fibonacci retracement levels on the H4 chart). Moreover, it is probably going to form a double bottom at the same time frame. Therefore, the NZD/USD pair is showing signs of strength following the break of the highest level of 0.7450, so it will be a good sign to buy above the level of 38.2% of Fibonacci with the first target of 0.7542 and further to 0.7617 (it will act as a strong resistance, so it will be a good place to take profit). It should be also noted that this level of taking profit will coincide with 61.8% of Fibonacci retracement level. However, in case if a reversal takes place and the NZD/USD pair breaks through the support level of 0.7449, the market will decline further to 0.7403 in order to indicate a bearish market.
Trading recommendations:
  • According to the previous events, the price will be moving between the levels of 0.7613 and 0.7448.
  • Buy above the price of 0.7448 with the first target of 0.7545, it might resume to 0.7610.
  • Look for further downside with 0.7400 and 0.7375 targets below the levels of 0.7440/0.7435.
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 $9000 lebih banyak!
    Pada Mei kami mengundi $9000 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