Monday, February 3, 2014

GBPNZD Monthly Analysis Jan 14

Similar to EUR NZD this pair looks very bullish after breaking resistance at 2.00.

Target for this pair is 2.10 if price holds above 2.00.
Monthly and Weekly charts below








EUR NZD Monthly Analysis Jan 14

This pair looks extremely bullish on weekly and monthly charts. This pair has rejected 38.2 and 50% Bullish fibs and trendline support.

Pair is likely to reach 1.70 which is a long term resistance and then if holds above it 1.82.
Weekly
 Monthly