EUR/NZD – Currency exchange rate forecast 07.08.2019: eye 1.7254

EUR/NZD - Currency exchange rate forecast 07.08.2019: eye 1.7254

The configuration is negative.

1.7412 is our pivot point.

Our preference: eye 1.7254.

Alternative scenario: the upside breakout of 1.7412, would call for 1.7467 and 1.7500.

Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under its 20 MA (1.7390) but above its 50 MA (1.7350).

Supports and resistances:

1.7500 **

1.7467 *

1.7412 **

1.7390

1.7367 last

1.7287

1.7254 **

1.7222 *

1.7189 **

EUR/NZD – Currency exchange rate forecast 03.07.2019: rebound towards 1.6930

EUR/NZD - Currency exchange rate forecast 03.07.2019: rebound towards 1.6930

Our preference: rebound towards 1.6930.

Our pivot point stands at 1.6783.

Our preference: rebound towards 1.6930.

Alternative scenario: below 1.6783, expect 1.6729 and 1.6698.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.6844 and 1.6879).

Supports and resistances:

1.6993 **

1.6962 *

1.6930 **

1.6898

1.6832 last

1.6804

1.6783 **

1.6729 *

1.6698 **

EUR/NZD – Currency exchange rate forecast 01.07.2019: target 1.6822

EUR/NZD - Currency exchange rate forecast 01.07.2019: target 1.6822

The MACD is positive and below its signal line.

Our pivot point stands at 1.6969.

Our preference: target 1.6822.

Alternative scenario: above 1.6969, look for 1.7023 and 1.7055.

Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 MA (1.6932) but above its 50 MA (1.6919).

Supports and resistances:

1.7055 **

1.7023 *

1.6969 **

1.6948

1.6920 last

1.6854

1.6822 **

1.6790 *

1.6758 **

EUR/NZD – Currency exchange rate forecast 28.06.2019: the downside prevails as long as 1.6980 is resistance

EUR/NZD - Currency exchange rate forecast 28.06.2019: the downside prevails as long as 1.6980 is resistance

Alternative scenario: above 1.6980, look for 1.7034 and 1.7066.

1.6980 is our pivot point.

Our preference: the downside prevails as long as 1.6980 is resistance.

Alternative scenario: the upside breakout of 1.6980, would call for 1.7034 and 1.7066.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.6950 and 1.6962).

Supports and resistances:

1.7066 **

1.7034 *

1.6980 **

1.6959

1.6933 last

1.6867

1.6835 **

1.6803 *

1.6771 **

EUR/NZD – Currency exchange rate forecast 19.06.2019: as long as 1.7137 is support look for 1.7282

EUR/NZD - Currency exchange rate forecast 19.06.2019: as long as 1.7137 is support look for 1.7282

Our preference: as long as 1.7137 is support look for 1.7282.

Our pivot point is at 1.7137.

Our preference: as long as 1.7137 is support look for 1.7282.

Alternative scenario: below 1.7137, expect 1.7082 and 1.7050.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.7182 and 1.7162).

Supports and resistances:

1.7347 **

1.7314 *

1.7282 **

1.7249

1.7183 last

1.7159

1.7137 **

1.7082 *

1.7050 **

EUR/NZD – Currency exchange rate forecast 17.06.2019: as long as 1.7228 is support look for 1.7374

EUR/NZD - Currency exchange rate forecast 17.06.2019: as long as 1.7228 is support look for 1.7374

Alternative scenario: the downside breakout of 1.7228 would call for 1.7173 and 1.7140.

Our pivot point stands at 1.7228.

Our preference: as long as 1.7228 is support look for 1.7374.

Alternative scenario: below 1.7228, expect 1.7173 and 1.7140.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.7269 and 1.7255).

Supports and resistances:

1.7440 **

1.7407 *

1.7374 **

1.7341

1.7276 last

1.7249

1.7228 **

1.7173 *

1.7140 **

EUR/NZD – Currency exchange rate forecast 11.06.2019: as long as 1.7166 is support look for 1.7310

EUR/NZD - Currency exchange rate forecast 11.06.2019: as long as 1.7166 is support look for 1.7310

Our preference: as long as 1.7166 is support look for 1.7310.

Our pivot point stands at 1.7166.

Our preference: as long as 1.7166 is support look for 1.7310.

Alternative scenario: the downside breakout of 1.7166 would call for 1.7111 and 1.7079.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 1.7200 and 1.7166).

Supports and resistances:

1.7375 **

1.7342 *

1.7310 **

1.7277

1.7209 last

1.7187

1.7166 **

1.7111 *

1.7079 **

EUR/NZD – Currency exchange rate forecast 06.06.2019: rebound

EUR/NZD - Currency exchange rate forecast 06.06.2019: rebound

Alternative scenario: the downside breakout of 1.6909 would call for 1.6855 and 1.6823.

Our pivot point stands at 1.6909.

Our preference: rebound.

Alternative scenario: below 1.6909, expect 1.6855 and 1.6823.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA (1.6947) but below its 50 MA (1.6957).

Supports and resistances:

1.7118 **

1.7085 *

1.7053 **

1.7021

1.6954 last

1.6930

1.6909 **

1.6855 *

1.6823 **

EUR/NZD – Currency exchange rate forecast 01.06.2019: the downside prevails as long as 1.7126 is resistance

EUR/NZD - Currency exchange rate forecast 01.06.2019: the downside prevails as long as 1.7126 is resistance

The configuration is negative.

Our pivot point stands at 1.7126.

Our preference: the downside prevails as long as 1.7126 is resistance.

Alternative scenario: the upside breakout of 1.7126, would call for 1.7180 and 1.7212.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 1.7105 and 1.7104).

Supports and resistances:

1.7212 **

1.7180 *

1.7126 **

1.7104

1.7077 last

1.7011

1.6979 **

1.6947 *

1.6914 **

EUR/NZD – Currency exchange rate forecast 25.05.2019: rebound towards 1.7204

EUR/NZD - Currency exchange rate forecast 25.05.2019: rebound towards 1.7204

Our preference: rebound towards 1.7204.

1.7060 is our pivot point.

Our preference: rebound towards 1.7204.

Alternative scenario: below 1.7060, expect 1.7006 and 1.6973.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading above its 20 MA (1.7105) but under its 50 MA (1.7131).

Supports and resistances:

1.7269 **

1.7237 *

1.7204 **

1.7172

1.7106 last

1.7082

1.7060 **

1.7006 *

1.6973 **