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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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About IFCM Group

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IFCM Group is a group of companies, that are involved in development and implementation of new effective projects in the field of financial technologies for more than 10 years.

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The activity of IFCM Group meets unified requirements set by international legislation for providing brokerage and financial services

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Guest andengireng

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

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nzdusd-h1-instaforex-group-4.png

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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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