"Forex trading involves a high level of risk"
NZD/USD eyes 0.6880, stay long on dips | March 12, 2019
Momentum with the bulls. RSI has edged above 50 and Stochs have rolled over from oversold levels.
Strong support seen at 20-DMA at 0.6827. Trendline resistance at 0.6880 in sight ahead of 0.6925.
Retrace below 20-DMA can see dip till daily cloud. Bearish invalidation likely below 200-DMA .
Focus will be on monthly inflation figures from the US.
Support levels - 0.6828 ( 20-DMA ), 0.6816 (21-EMA), 0.68 (converged 5-DMA and 55-EMA)
Resistance levels - 0.6880 ( trendline ), 0.6928 ( trendline ), 0.6941 (Feb 1st high)
Good to go long on dips around 0.6830/40, SL: 0.68, TP: 0.6880/ 0.6920
Submit Your Comments:
FOREX VPS FOR TRADERS
FF FOREX VPS
Windows 2012R2/2016 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee
| Plan Name | Buy Link | CPU | RAM | Disk | BandWidth | Price (Montly) | Price (Quarterly) | Price (Semi-Annually ) | Price (Annually) | Installation | BackUp | Setup Fee |
| ECO-01 | buy now | 1 Core | 756MB | 18GB | Unmetered | $4.99/M | $4.49/M | $3.99/M | $2.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-02 | buy now | 1 Core | 1GB | 22GB | Unmetered | $5.99/M | $5.49/M | $4.99/M | $3.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-03 | buy now | 2 Core | 2GB | 30GB | Unmetered | $9.99/M | $9.49/M | $8.99/M | $7.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-04 | buy now | 2 Core | 3GB | 32GB | Unmetered | $13.99/M | $13.49/M | $12.99/M | $11.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-05 | buy now | 3 Core | 4GB | 40GB | Unmetered | $17.99/M | $17.49/M | $16.99/M | $15.99/M | MT4 Pre-Installed | Yes | Free |
| ECO-06 | buy now | 3 Core | 5GB | 45GB | Unmetered | $21.99/M | $21.49/M | $20.99/M | $19.99/M | MT4 Pre-Installed | Yes | Free |
***We accept Paypal, Perfect Money, Bitcoin !
RECENTLY UPDATED POSTS See All . . »
Bringing Mr. Bollinger to the Table
Surfing the Waves of Volatile Markets
Intraday Trading and High Leverage: Strategies for Rapid Market Movements
How Is FX Trading Regulated Across African Countries?
FX Trading Regulation Around The World
3 Strategies That Can Provide You With Decent Returns In The FX Market
| Money Management |
| Candlesticks Pattern |
| News Trading |
| Could U.S. be on its way to Stagflation |
| Chart Pattern Trading |
| Fibonacci Calculator |
| Pivot Points Calculator |
| [email protected] |
Risk Disclaimer : Security Trading, Forex, Options, Futures and Commodities are highly leveraged products which involves large potential risks. If efficient money management,is not practiced then there are possibilities that you may lose your capital (Margin Call) in a matter of days or even minutes. Before making any transaction, you should ensure yourself that you fully understand the risks involved in the Forex Market. We provide Forex signals and forecasts by the experience on different market conditions, price action, market sensitivity, strategies, analysis and other trading rules; though we we cannot assure you that every signals will gain you profit due to the unpredictable nature of the financial market.
© ForexFunction All Rights Reserved 2014-15