| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: USD/CAD downside pressure builds, key support level in focus

AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level

FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption

NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70

FxWirePro: NZD/USD sustains gains as uptrend remains strong

FxWirePro: USD/ CNY gains some upside momentum but still bearish

AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85

FxWirePro: USD/JPY dips below lower range, bearish bias increases

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

FxWirePro- Major European Indices

FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

FxWirePro- Major Crypto levels and bias summary

FxWirePro: EUR/AUD poised for further downside after key fibo break

FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains

Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45

©Econometrics LLC . All Rights Reserved.

EUR/NZD Trade Idea

Thursday, November 19, 2015 11:58 AM UTC

Break out level- 1.6375 (trend line joining 1.6213 and 1.6320)
The pair has broken a major support 1.6375 and declined till 1.63469. It is currently trading at 1.63580.
Any break below trend line support confirms short term weakness, a decline till 1.6300/1.6240 is possible
On the higher side the resistance is around 1.6400 and break above will take the pair to new level around 1.6450/1.6500.
The minor resistance is around 1.6380.
Overall trend reversal only above 1.6550

It is good to sell on rallies around 1.6380 with SL around 1.6406 for the TP of 1.6300/1.6245

R1-1.6380

R2-1.6405

R3-1.6450

Support

S1- 1.6350

S2-1.6300

S3-1.6240

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

FxWirePro: USD/ZAR outlook weaker on renewed downside pressure

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

FxWirePro: USD/CAD downside pressure builds, key support level in focus

FxWirePro- Major Pair levels and bias summary

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

FxWirePro: GBP/NZD edges higher but bearish outlook persists

IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

EUR/NZD Trade Idea

Editor's Picks

Welcome to EconoTimes