empty
 
 
ar
الدعم
فتح الحساب الفوري
منصة التداول
إيداع/ سحب

10.12.201906:33 Forex Analysis & Reviews: Control zones for NZD/USD on 12/10/19

The pair tested the weekly control zone 0.6585-0.6573 at the end of last week. Now, for further growth, consolidating above the specified zone will be required. Otherwise, a reversal pattern will be formed. Growth remains a priority, so holding purchases and opening new ones is the basis of intraday trading. At the same time, there is a high probability of the formation of a local accumulation zone between two significant zones.

Exchange Rates 10.12.2019 analysis

It is important to understand that the probability of updating the December maximum is 75%. For this reason, any purchases below yesterday's low will be profitable in the medium term.

Meanwhile, working in the direction of the decline will be possible if the test of a weekly control zone will lead to the appearance of a large offer and the formation of a false breakdown pattern. In this case, sales will come forward. The main objective of the reduction will be the Weekly Control Zone 1/2 0.6513-0.6507. Reaching this zone will allow you to fix part of the sales and transfer the rest to breakeven.

Exchange Rates 10.12.2019 analysis

Daily CZ - daily control zone. The zone formed by important data from the futures market that changes several times a year.

Weekly CZ - weekly control zone. The zone formed by the important marks of the futures market, which change several times a year.

Monthly CZ - monthly control zone. The zone that reflects the average volatility over the past year.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

لا تستطيع التحدث الآن؟
اطرح سؤالك في الدردشة.