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Technical Analysis Pcmbrokers


robert11

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eur usd

On the h4 chart, the price is bullish. Based on the slow correction behaviour we are expecting to see it rise to 1.1550 and 1.1700 zone if a positive hidden divergence happens while having the bearish trend line broken below around 1.1320. As long as the main trend line is not broken above, our forecast has validity so far

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Guest andengireng

Hello, I want to share my analytic for NZDUSD today April 27 2017

 

nzdusd-h1-instaforex-group-4.png

 

The NZDUSD is still moving under bearish pressure. Based on technical analysis today you can look for sell signal if pull-back occurs to the resistance area which is in the range 0.69967-0.69293 with potential target up to the range 0.68928-0.68702. Conversely be careful if the resistance at 0.69293 is confirmed breaks as it will turn the intraday bias to bullish and potentially will raise the kiwi up to the range 0.69432-0.69658.

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