gbp/nzd

analysis for today 5 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 5 / 20 / 2014
OPEN 1.9480
HIGH 1.9668
LOW 1.9468
CLOSED 1.9434

The third resistance (R3) 1.9668 -( 1.9523 - 1.9468 = 0.0055 x 2 = 0.0111 )= 1.9779
The second Resistance (R2) 1.9523 + 1.9668 - 1.9468 = 1.9723
First resistance (R1) 1.9523 x 2 = 3.9047 - 1.9468 = 1.9579
pivot points 1.9668 + 1.9468 + 1.9434 = 5.8570 / 3 = 1.9523
Support for the first (S1) 1.9523 x 2 = 3.9047 - 1.9668 = 1.9379
Support second (S2) 1.9523 -( 1.9668 - 1.9468 = 0.0200 ) = 1.9323
Third Support (S3) 1.9468 -( 1.9668 - 1.9523 = 0.0145 x 2 = 0.0289 )= 1.9179

analysis for today 5 / 21 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.9592
Retracement (50%) 1.9568
retracement (61,8%) 1.9544

Extensions (61.8%) 1.9792
Extensions (100.0%) 1.9868
Extensions (138.2%) 1.9944
Extensions (161.8%) 1.9992
calculation based on a Fibonacci retracement then today I choose buy

GBP/NZD
analysis for today 5 / 21 / 2014


Resistance 3 1.9765
Resistance 2 1.9735
Resistance 1 1.9715
Pivot Point 1.9635
Support 1 1.9609
Support 2 1.9589
Support 3 1.9559

BUY STOP 1.9715 STOP LOSS 1.9609 TAKE PROFIT 1.9735
SELL STOP 1.9609 STOP LOSS 1.9715 TAKE PROFIT 1.9589

analysis for today 5 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 5 / 21 / 2014
OPEN 1.9635
HIGH 1.9760
LOW 1.9632
CLOSED 1.9699

The third resistance (R3) 1.9760 -( 1.9697 - 1.9632 = 0.0065 x 2 = 0.0130 )= 1.9890
The second Resistance (R2) 1.9697 + 1.9760 - 1.9632 = 1.9825
First resistance (R1) 1.9697 x 2 = 3.9394 - 1.9632 = 1.9762
pivot points 1.9760 + 1.9632 + 1.9699 = 5.9091 / 3 = 1.9697
Support for the first (S1) 1.9697 x 2 = 3.9394 - 1.9760 = 1.9634
Support second (S2) 1.9697 -( 1.9760 - 1.9632 = 0.0128 ) = 1.9569
Third Support (S3) 1.9632 -( 1.9760 - 1.9697 = 0.0063 x 2 = 0.0126 )= 1.9506

analysis for today 5 / 22 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.9711
Retracement (50%) 1.9696
retracement (61,8%) 1.9681

Extensions (61.8%) 1.9839
Extensions (100.0%) 1.9888
Extensions (138.2%) 1.9937
Extensions (161.8%) 1.9967
calculation based on a Fibonacci retracement then today I choose buy

analysis for today 5 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 5 / 22 / 2014
OPEN 1.9700
HIGH 1.9742
LOW 1.9652
CLOSED 1.9691

The third resistance (R3) 1.9742 -( 1.9695 - 1.9652 = 0.0043 x 2 = 0.0086 )= 1.9828
The second Resistance (R2) 1.9695 + 1.9742 - 1.9652 = 1.9785
First resistance (R1) 1.9695 x 2 = 3.9390 - 1.9652 = 1.9738
pivot points 1.9742 + 1.9652 + 1.9691 = 5.9085 / 3 = 1.9695
Support for the first (S1) 1.9695 x 2 = 3.9390 - 1.9742 = 1.9648
Support second (S2) 1.9695 -( 1.9742 - 1.9652 = 0.0090 ) = 1.9605
Third Support (S3) 1.9652 -( 1.9742 - 1.9695 = 0.0047 x 2 = 0.0094 )= 1.9558

analysis for today 5 / 23 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.9708
Retracement (50%) 1.9697
retracement (61,8%) 1.9686

Extensions (61.8%) 1.9798
Extensions (100.0%) 1.9832
Extensions (138.2%) 1.9866
Extensions (161.8%) 1.9888
calculation based on a Fibonacci retracement then today I choose buy

analysis for today 5 / 26 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 5 / 23 / 2014
OPEN 1.9690
HIGH 1.9731
LOW 1.9658
CLOSED 1.9683

The third resistance (R3) 1.9731 -( 1.9691 - 1.9658 = 0.0033 x 2 = 0.0065 )= 1.9796
The second Resistance (R2) 1.9691 + 1.9731 - 1.9658 = 1.9764
First resistance (R1) 1.9691 x 2 = 3.9381 - 1.9658 = 1.9723
pivot points 1.9731 + 1.9658 + 1.9683 = 5.9072 / 3 = 1.9691
Support for the first (S1) 1.9691 x 2 = 3.9381 - 1.9731 = 1.9650
Support second (S2) 1.9691 -( 1.9731 - 1.9658 = 0.0073 ) = 1.9618
Third Support (S3) 1.9658 -( 1.9731 - 1.9691 = 0.0040 x 2 = 0.0081 )= 1.9577

analysis for today 5 / 26 / 2014

GBP/NZD

Resistance : R1 1.9759 R2 1.9784 R3 1.9804 R4 1.9834
Support : S1 1.9661 S2 1.9636 S3 1.9616 S4 1.9586

Open : 1.9687
High : 1.9736
Low : 1.9684
Range : 52 Pips
Running Price : 1.9712

Strategy : BUY at the level 1.9712 stop loss at the level 1.9661 target take profit at the level 1.9804 or at the level 1.9834

analysis for today 5 / 26 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.9703
Retracement (50%) 1.9695
retracement (61,8%) 1.9686

Extensions (61.8%) 1.9776
Extensions (100.0%) 1.9804
Extensions (138.2%) 1.9832
Extensions (161.8%) 1.9849
calculation based on a Fibonacci retracement then today I choose buy

GBP/NZD
analysis for today 5 / 26 / 2014


Resistance 3 1.9814
Resistance 2 1.9784
Resistance 1 1.9764
Pivot Point 1.9687
Support 1 1.9656
Support 2 1.9636
Support 3 1.9606

BUY STOP 1.9764 STOP LOSS 1.9656 TAKE PROFIT 1.9784
SELL STOP 1.9656 STOP LOSS 1.9764 TAKE PROFIT 1.9636

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analysis for today 5 / 27 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 5 / 26 / 2014
OPEN 1.9687
HIGH 1.9736
LOW 1.9676
CLOSED 1.9695

The third resistance (R3) 1.9736 -( 1.9702 - 1.9676 = 0.0026 x 2 = 0.0053 )= 1.9789
The second Resistance (R2) 1.9702 + 1.9736 - 1.9676 = 1.9762
First resistance (R1) 1.9702 x 2 = 3.9405 - 1.9676 = 1.9729
pivot points 1.9736 + 1.9676 + 1.9695 = 5.9107 / 3 = 1.9702
Support for the first (S1) 1.9702 x 2 = 3.9405 - 1.9736 = 1.9669
Support second (S2) 1.9702 -( 1.9736 - 1.9676 = 0.0060 ) = 1.9642
Third Support (S3) 1.9676 -( 1.9736 - 1.9702 = 0.0034 x 2 = 0.0067 )= 1.9609

analysis for today 5 / 27 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.9708
Retracement (50%) 1.9697
retracement (61,8%) 1.9686

Extensions (61.8%) 1.9798
Extensions (100.0%) 1.9832
Extensions (138.2%) 1.9866
Extensions (161.8%) 1.9888
calculation based on a Fibonacci retracement then today I choose buy

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analysis for today 5 / 29 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPNZD on the date 5 / 28 / 2014
OPEN 1.9624
HIGH 1.9753
LOW 1.9608
CLOSED 1.9667

The third resistance (R3) 1.9753 -( 1.9676 - 1.9608 = 0.0068 x 2 = 0.0136 )= 1.9889
The second Resistance (R2) 1.9676 + 1.9753 - 1.9608 = 1.9821
First resistance (R1) 1.9676 x 2 = 3.9352 - 1.9608 = 1.9744
pivot points 1.9753 + 1.9608 + 1.9667 = 5.9028 / 3 = 1.9676
Support for the first (S1) 1.9676 x 2 = 3.9352 - 1.9753 = 1.9599
Support second (S2) 1.9676 -( 1.9753 - 1.9608 = 0.0145 ) = 1.9531
Third Support (S3) 1.9608 -( 1.9753 - 1.9676 = 0.0077 x 2 = 0.0154 )= 1.9454

analysis for today 5 / 29 / 2014
GBP/NZD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.9698
Retracement (50%) 1.9681
retracement (61,8%) 1.9663

Extensions (61.8%) 1.9843
Extensions (100.0%) 1.9898
Extensions (138.2%) 1.9953
Extensions (161.8%) 1.9988
calculation based on a Fibonacci retracement then today I choose buy