Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: EUR/NZD Near-Term Outlook

EUR/NZD chart - Trading View 

EUR/NZD Technical Analysis: Bias Bearish
Chart Pattern: Symmetric Triangle


- Price action below cloud and major moving averages
- Stochs and RSI are biased lower
- Guppy's Multiple Moving Average shows major trend is bearish
- Upside was rejected shy of 50-DMA
- Break below triangle base will see dip till 200W SMA at 1.6355
- Violation at 200W SMA will accentuate weakness

Support levels - 1.6415 (triangle base), 1.6355 (200W SMA), 1.6334 (Dec 4 low)
Resistance levels - 1.65, 1.6533 (5-DMA), 1.66 (triangle top)

Recommendation: Stay short on break below triangle base, SL: 1.6535, TP: 1.6355/ 1.6140

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
 

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

2019-06-25 03:13:10
0m

June 25 04:00 UTC Released

THManufacturing Prod YY

Actual

-3.99 %

Forecast

-0.1 %

Previous

2.03 %

June 25 00:00 UTC Released

PHBudget Balance

Actual

2.6 -8.6

Forecast

Previous

86.9 -8.6

January 31 00:00 UTC 734733734733m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 734733734733m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 746553746553m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 734733734733m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 746553746553m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 734733734733m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 734733734733m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 734733734733m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.