Friday, May 22, 2015

EUR/NZD Forex Technical Analysis and Strategy


 
EUR/NZD Forex Technical Analysis and Strategy
EUR/NZD

Technical Analysis : The primary trend of EUR/NZD is bullish but from the past few trading sessions, prices are no more sustaining at higher levels & looking weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 1.5025. Today if the pair breaks its support level & managed to sustain below it, then we can expect it to test the level of 1.4960/1.4910 in today's session.

INDICATORS
MACD is sustaining in selling territory, indicating the upcoming bearish trend in the pair.

EUR/NZD Forex Technical Analysis
EUR/NZD Technical Chart

STRATEGY :- EUR/NZD is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.


Tuesday, May 5, 2015

GBP/AUD Forex Technical Analysis & Trading Strategy for Wednesday, May 06 2015


Technical Analysis : The primary trend of GBP/AUD is bullish but from the past few trading sessions, prices are no more sustaining at higher levels & looking weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at its rising trend line and having support at the important level of 1.9030. Today if the pair breaks its support level & managed to sustain below it, then we can expect it to test the level of 1.8965/1.8935 in today's session.

GBP/AUD FOrex Technical Analysis & Strategy


Indicators:
MACD has recently breached the zero line, indicating the upcoming bearish trend in the pair.

Strategy :- GBP/AUD is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.



Tuesday, April 14, 2015

USD/CHF Technical Analysis and Forex Strategy for Tuesday, April 14 2015


 
USD/CHF Forex Technical analysis and Strategy
USD/CHF

SUMMARY : USD/CHF had been majorly showing the bullish trend on charts but from the past few trading sessions, prices are not sustaining at higher levels & looking weak for the upcoming sessions. If we talk about the technical analysis then the currency pair is consolidating with strong negative bias to give a breakout at downside. It is facing resistance of 30 DMA. Prices are also taking support at the important level of 0.9750. Today's Forex strategy should be such that if the pair breaks its support level & manages to sustain below it, then it can test its 200 DMA and come till the levels of 0.9700/0.9660 in today's session.

INDICATORS:-
MACD line is also sustaining in selling territory, indicating the bearish trend in the pair.

USD/CHF Forex Technical analysis
Technical Analysis Chart
 
STRATEGY :- USD/CHF is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.


Wednesday, April 8, 2015

GBP/AUD Technical Analysis and Forex Strategy for Wednesday, April 08 2015


GBP/AUD Technical Analysis and Forex Strategy
GBP/AUD
 
SUMMARY : GBP/AUD currency pair is trading in sideways trend and from the past few trading sessions, prices are not sustaining at higher levels & looking weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. It is facing resistance of 30 and 200 DMA. Prices are also taking support at the important level of 1.9320. Today if GBP/AUD pair breaks its support level & manages to sustain below it, then we can expect it to test the level of 1.9250/1.9210 in today's session.


INDICATORS:-
MACD line is also sustaining in the selling territory, indicating the bearish trend in the pair.

 
GBP/AUD Technical Analysis and Forex Signal
Technical Chart

FOREX STRATEGY :- GBP/AUD is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

Sunday, April 5, 2015

EUR-GBP Forex Technical Analysis and Strategy Monday, April 06 2015



EUR/GBP

RECOMMENDATION : BUY TARGET 0.7530
SUMMARY:
The overall trend of EUR/GBP is bearish, In its hourly chart, prices are consolidating with strong positive bias. 30 & 200 DMA are also providing support to the prices, supporting the further uptrend. If EUR/GBP crosses the important resistace level of 0.7390 and sustains above it then we can expect it to show north ward movement in the prices. If it breaks the level of 0.7390 & sustains above it we can expect it to come up to the levels of 0.7470/0.7530 in next few days.

INDICATORS:-
RSI is sustaining in buying territory, supporting the upcoming bullish trend in the pair.
MACD is also sustaining above the zero line, indicating the up trend in the market.

EUR/GBP


STRATEGY:- EUR/GBP is bouncing back from lower levels. One can go for buy on dips strategy for this pair for intra day to mid term positions.

Thursday, April 2, 2015

NZD/USD Forex Technical Analysis and Strategy for Thursday, April 02 2015


NZD-USD-FOREX-Technical-analysis
NZD/USD
 
Technical Analysis :
NZD/USD currency pair is primarily showing bearish trend on charts but from past few trading sessions prices are not sustaining at lower levels & consolidating below its falling trend line. In its hourly chart, prices are consolidating with strong positive bias to give break out at upside. It is also taking support of 30 DMA and if it breaks its resistance level, it can come up to test its 200 DMA. If the pair breaks the resistance level of 0.7480 at upside then we can expect it to test the level of 0.7535/0.7565.


Indicators:-
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair. 

Technical Chart
 
Forex Strategy:- NZD/USD has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.


Tuesday, March 31, 2015

GBP/USD Technical Analysis and Forex Strategies for Wednesday, April 01 2015

GBP/USD Forex Technical Analysis and Strategies
GBP/USD


SUMMARY:
The primary trend of GBP/USD is sideways on charts and from past few trading sessions prices are not sustaining at lower levels & consolidating near the important level of 1.4870. In its 30 minutes chart, prices are consolidating with strong positive bias to give break out at upside. It is also taking support of 30 and 200 DMA. If the pair breaks the resistance level of 1.4880 at upside then we can expect it to test the level of 1.4935/1.4970.


INDICATORS:-
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
MACD line is also sustaining in buying territory indicating the bullish trend in the pair.

Technical Chart


STRATEGY:- GBP/USD has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.