Forex Analysis Of NZD/USD For Tuesday, July 10
First, we look into the yesterday trade and what happened on July 9, 2018, and it opened at 0.68354 and went high at 0.68575 and gone low 0.68280 and finally closed at 0.68288. The calculated pivot point for the day is 0.68381.
The difference between high and low was reasonable 295 points and there was a good chance for a trader to take the opportunity since the difference is in a good range. Now the opportunity is going to lower levels for few days. This pair is moving from present levels to lower levels due to trade war with China. Traders are waiting for an opportunity to buy at 0.6840 levels and sell at 0.6760 levels, to get more profits.
BUYING AND SELLING LEVELS TO BE OBSERVED BY TRADERS
Level |
First Level |
Second Level |
Third Level |
Selling Level |
0.6760 |
0.6725 |
0.6702 |
Buying Level |
0.6840 |
0.6857 |
0.6898 |
TODAY EVENTS TO BE OBSERVED AND TRADERS SHOULD BE CAUTIOUS AT THESE TIMES AND TAKE ADVANTAGE OF THE EVENTS
GMT |
Event |
Actual |
Previous |
---|---|---|---|
10:00 |
107.2 |
107.8 |
|
12:55 |
-0.2% |
-0.4% |
|
12:55 |
5.2% |
4.4% |
|
14:00 |
6.698M |
||
15:30 |
1.86% |
||
17:00 |
2.664% |
||
20:30 |
-4.5M |