Currencies  |  October 25, 2012 10:21:56

Analysis of currency pairs GBP / USD and NZD / USD


On the chart of the currency pair GBP / USD sample forms a triangle formation. According to the technical analysis of exchange rate movements can be expected, which would currently be at a value buy over 1635 and sell below 1548. This range, however, with the increasing number of candles on the chart, will continue to narrow and it is necessary to monitor the development of the course.

Navigating such a force as it was in July-September 2008, can not be tempted to assume, but for traders on the forex market with the right timing it so i can make considerable profits.

The pair NZD / USD elsewhere, despite the strengthening U.S. dollar New Zealand dollar managed to keep up to 0.8125 boundaries yet attempts to break the fall and increasing resist.

In the morning, the course got even above the value of 0.8215, which is the S / R levels suggesting a possible subsequent growth. In the event of a break, but this time from the top, it is possible test S / R level 0.8125.

In the language of traders it is approximately 100 points difference.

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Analýza měnových párů GBP/USD a NZD/USD

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