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Gbpnzdbuy

GBPNZD BUYI'm going for a demand zone on the 1h at 1.9978. As you can see, there are two demand zones but I choose the second one because the first one was tested, even though I prefer it over the second one. There is a good chance that there were still buyers there and it will take off. I don't mind. I rather deal with a mediocre untested zone than a tested great zone. The Daily chart indicates that the pair is sideways and the weekly chart indicates it is low in the curve. Both the hourly demand zones are inside a Daily demand zone, which increases my confidence, along with the relative strength on the Daily that shows the GBP is still king as the strongest of the major currencies versus the NZD being the weakest of the group. My target isn't exactly an opposing supply zone but a resistance level.
Long
by QSInvestments
GBPNZD reversed from resistance, potential drop! GBPNZD reversed off its resistance at 2.03165 where it could potentially drop further to 1.99262. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
GBPNZD approaching resistance, look out for potential reversal! GBPNZD is approaching its resistance at 2.03294 where it is could reverse down to its support at 2.01334. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
GBPNZD bounced from support, potential for a further rise! GBPNZD bounced off 1.99812 where it could potentially rise further to 2.03780. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
Video Analysis of GBPNZD 14.10.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 2.0030 • Take Profit Level: 2.0200 (170 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 1.9880 • Take Profit Level: 1.9840 (40 pips) USDJPY A possible long position at the breakout of the level 108.60 GOLD A possible short position in the breakdown of the level 1483.00 USDCHF A possible long position at the breakout of the level 0.9990 EURUSD A possible long position at the breakout of the level 1.1035 WHY TRADE WITH PAXFOREX? We are one of the fastest growing Forex Brokers in the Market. Trade with PaxForex to get the full Forex Trading experience which is based on... Top Effective Educational Tools For All Types Of Traders The Reliability in all assets in the market Live Multi-language Online Support 24/5
by PaxForex
GBPNZD bounced from support, potential for a further rise! GBPNZD bounced off 1.96170 where it could potentially rise further to 2.03780. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
GBPNZD bounced from support, potential for a further rise! GBPNZD bounced off 1.93178 where it could potentially rise further to 2.00037. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone
GBPNZD to reverse from downside confirmation, potential drop! GBPNZD to reverse from its downside confirmation at 1.93799 where it could potentially drop further to 1.89270. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
GBPNZD to reverse from downside confirmation, potential drop! GBPNZD to reverse from its downside confirmation at 1.93462 where it could potentially drop further to 1.89270. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
GBPNZD to reverse from downside confirmation, potential drop! GBPNZD to reverse from its downside confirmation at 1.93423 where it could potentially drop further to 1.89270. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
Analysis on GBPNZD 16.09.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1.9620 • Take Profit Level: 1.9750 (130 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 1.9400 • Take Profit Level: 1.9350 (50 pips) USDJPY A possible long position at the breakout of the level 108.25 EURUSD A possible long position at the breakout of the level 1.1110 USDCHF A possible long position at the breakout of the level 0.9900 GBPUSD A possible long position at the breakout of the level 1.2505
by PaxForex
GBPNZDThis is pure technical outlook and I am aware that BREXIT fundamental facts will certainly take place in confirmation or invalidation of the setup. As my primary goal is to follow what market does - I prefer long positioning because: 1. bullish prints of reversal are very strong; 2. 2 harmonic patterns might be filled in the supply ( the first one is a Gartley pattern and the second one is a Butterfly pattern ) and I am fine with both 3. my intention is to get long at the best price and I will look for it as the new trading week starts because market simply retraces part of the leg from the previous week ( this thing is like a habit and I saw it every Monday for last 7 years).
Long
by AndreyHutton