empty
 
 
25.04.2016 01:34 PM
EUR/NZD analysis for April 25, 2016

This image is no longer relevant

Recently, EUR/NZD has been moving sideways at the price of 1.6370. According to the 1H time frame, I found flat base between the price of 1.6420 (resistance) and the price of 1.6290 (support). The short-term trend is still upward but anyway watch for a successful breakout of trading range to confirm further direction. I would like to see a breakout in a high volume and healthy price action to confirm the breakout. I also found, upward channel. I advice you to watch for a potential breakout of resistance (1.6420) to confirm further direction.

Fibonacci Pivot Points:

Resistance levels:

R1: 1.6405

R2: 1.6435

R3: 1.6480

Support levels:

S1: 1.6315

S2: 1.6280

S3: 1.6240

Trading recommendation for today: Watch for a potential breakout of resistance to confirm further upward movement. The short-term trend is bullish.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback