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EURNZD

Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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EURNZD FALLING!!

Trading concept:
Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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EURNZD RISING!!

Trading concept:
Stochastic indicator and price action are the only indicators used on weekly and monthly charts.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short. When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below…
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EURNZD RISING!!

Trading concept:Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below 20, the trend is bearish with …
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EURNZD RISING!!

Trading concept:Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as suchareas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below 20,the rend is bearish with a s…
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EURNZD FALLING!!

BEARISH TREND
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EURNZD to reverse trend!!

The only reason the eurnzd has been going up is because despite what has been happening to the euro, the new Zealand dollar has had it worse.
MACD has crossed up on the chart (Monthly), so there is still some upside.
But things are going to change very soon, unless the euro zone tidies up its act, there is going to be a very quick change in the market direction. I am expecting a full, solid bearish candle to indicate a reversal.
There is a recent support which stands out@ 1.55, but 1.56 feels sa…
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EURo gains

Time frame: Daily chart
Indicators:
Bollinger bands
Stochastic indicator
The euro has started showing some gains, but i expect these gains to be limited to certain pairs till the euro economy starts to improve.
My forecast on the eurnzd is 1.6200, the pair has formed a bottom at 1.488 after a very heavy fall.
after breaking the support at 1.57, the pair looks to be heading back up.
The move will be confirmed with Stochastic staying above the 50 mark and price above the bollinger bands.
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EURo rally!!

I am expecting a general euro rally in January.
My forecast sees the Eurnzd at 1.68 come 2nd February 2015.
On the weekly chart, we see the stochastic indicator crossed upwards and price looks like it is in a range.
On the daily chart, we can see price already showing signs of bullishness.
If price is able to close above the middle line with the stochastic indicator above 50, it would be a confirmation of the move upwards.
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EURnzd going up...

I am expecting the eurnzd pair to do a major bullish climb...from my wave analysis, i think we may have started the third wave..
last month ended with a bullish candle.
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