22.03.201909:38 Forex Analysis & Reviews: Control zones of NZD / USD pair on 03/22/19

Long-term review

Tieto informácie poskytujeme retailovým a profesionálnym klientom ako súčasť marketingovej komunikácie. Neobsahujú investičné poradenstvo, investičné odporúčania, ponuku ani výzvu na vykonanie transakcie alebo použitie stratégie na finančných nástrojoch a ani by sa tak nemalo s nimi zaobchádzať. Minulá výkonnosť nie je zárukou ani predikciou budúceho výkonu. Spoločnosť Instant Trading EU Ltd. neručí a nepreberá žiadnu zodpovednosť za správnosť a úplnosť poskytovaných informácií ani za stratu, ktorá by vyplynula z akejkoľvek investície založenej na analýze, predpovedi alebo iných informáciách poskytnutých zamestnancom spoločnosti alebo iným spôsobom. Celé vylúčenie zodpovednosti nájdete tu.

Yesterday's decline allowed the pair to reach 1/2 control zone at 0.6868-0.6861, which determined the appearance of demand. To continue the growth, it is necessary to keep the price above the specified zone.

Testing the a CZ of 0.6868-0.6861 gave the opportunity to enter the purchase. As long as the pair is trading above the zones, the probability of updating the weekly maximum is 70%. Working in this direction allows you to take about 70 points of profit. Yesterday's high is outside the current average move, which may cause the position to be postponed over the weekend.

The upward movement remains an impetus but the level of 0.6928 is a strong long-term resistance, which the pair cannot overcome this year. Profit fixations at this mark are optimal when working in a long position.

In the event that the close of trading this week occurs below the level of 0.6861, an alternative model will be developed. This will allow you to search for sales on Monday. The probability of the implementation of this model is now 30%, which makes it auxiliary.

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

Weekly CZ - weekly control zone. The area is formed by marks of important times for the market.

Monthly CZ - monthly control zone. The area is a reflection of the average volatility over the past year.

Back to the list

Open trading account

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