GBP/NZD analysis

[Davis Joseph]

The analysis done in the GBPNZD chart with Moving average, Alligator and trend line are telling us that the market is still strong from the bull sight. So opportunity goes to the buyers indeed. To the buyers the entry point is at 1.9266 and the target point is at 1.9326.

[Michael Samuel]

A move up or down of five or ten percent in one session represents a huge move in a currency pair, and while possible, such moves are actually quite rare. I am trading with currencies on the platform of FXdirects forex broker. This broker is regulated and guarantees the safety of your funds. Currencies typically move in just tenths of a percentage or pips, with a large move being 3% for the week.