empty
 
 
19.10.2015 11:55 AM
EUR/NZD analysis for October 19, 2015

This image is no longer relevant

This image is no longer relevant

Overview:

Recently, EUR/NZD has been moving downwards. As we expected, the price tested the level of 1.6623. In the daily time frame, we can observe a weak demand bar. Our 6-day support level at 1.6845 (Fibonacci retracement 38.2%) got finally broken and we may see potential testing at the level of 1.6280. the price is still in a downward channel. Selling opportunities are preferable. On the H1 chart, we can observe weak demand around the level of 1.6730. The first support level is seen at 1.6505. I had placed Fibonacci retracement to find potential mid-term support levels and got Fibonacci retracement 38.2% at the level of 1.6860 (broken), Fibonacci retracement 50% at 1.6280, and Fibonacci retracement 61.8% at 1.5740. The intraday trend is downward.

Fibonacci Pivot Points :

Resistance levels:

R1: 1.6726

R2: 1.6773

R3: 1.6850

Support levels:

S1: 1.6575

S2: 1.6530

S3: 1.6450

Trading recommendations: Be careful when buying and watch for potential selling opportunities after retracement.

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