Nzd/Chf

[Gamabunta]

The CCI indicator have just crossed the 100 level that's why I think that we can get in short position with take profit at 0.7455.

[ng1985]

pair- nzd/chf
analysis time frame- m15



the price has been break the resistance trend line at the 0.7460 level and moving to the daily pivot point at 0.7486 level. its down movement is also supported with the moving average 50 level. if this is break 0.7490 then long with profit target at 0.7530 level and stoploss at 0.7440
good luck

[achyut]

Daily forecast: NZDCHF 24 Oct. 2014.

Technical analysis for Daily forecast of NZDCHF 24 October, 2014. In Daily chart NZDCHF shows bearish trend. At present NZDCHF below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support level is 0.72246.

Pivot: 0.74859

Resistance levels

R1 0.75313
R2 0.76033
R3 0.76487
R4 0.76942

Support levels

S1 0.74139
S2 0.73685
S3 0.72965
S4 0.72246

[alii.hassan]

the down red arrow located above the price determines that a bearish trend is taking place at the moment on the NZDCHF pair also the sell cross taking place between the snake and T3_clean verifies it even more the support 0.7425 is a strong level and it could be used as a take profit level to minimize the losses if the price headed the opposite direction or if it got penetrated and kept heading down then the price will keep selling On the other hand a strong stop loss level could be initiated at the resistance of the price 0.7505 I think selling would be the wisest decision at the moment unless another opposite buy signal is formed or if a blue up arrow appears .

[Ramzy.hassan]

On the NZDCHF today after drawing a bottom using the zigzag indicator there is a good chance for price to be heading up in the upcoming hours The price currently is a having a hard time moving downward and that�s because of its position which is currently near the down edge of the Donchin band Once the price crosses the resistance level 0.746 which is represented by red dots on the chart a upward direction is likely to take place.
Waiting for the SMA indicators to cross and give us a buy cross would be a wise choice to increase the chances for a better entry for a buy trade But if the price headed for the opposite direction which is downward at the moment then without doubt 0.7425 would be the best support level now .

[hmmo]

The price hits the lower level of donchin channel on the NZDCHF chart to perform a probably of bullish trend start by today As you can see the price is actually moving at bullish trend because of the up channel for today About the Awesome oscillator there are a bullish sign by having a green colored bars located below the 0 th level A quick look to the stostatic can inform you by a buy signal as the price near the level of 20 and there is a bullish cross between the two lines As a result of the previous signals I can bet on the bullish side by taking a buy trades wishing that the price reach the high edge of Donchin level which can be used as a good area for closing buy trades in profit

[samoo]

The price hits the lower level of donchin channel on the NZDCHF chart to perform a probably of bullish trend start by today As you can see the price is actually moving at bullish trend because of the up channel for today About the Awesome oscillator there are a bullish sign by having a green colored bars located below the 0 th level A quick look to the stostatic can inform you by a buy signal as the price near the level of 20 and there is a bullish cross between the two lines As a result of the previous signals I can bet on the bullish side by taking a buy trades wishing that the price reach the high edge of Donchin level which can be used as a good area for closing buy trades in profit

[ali90]

The NZDCHF now is on a bearish direction according to Henkin Ashi candles color which is red at this moment in associated with down arrow to indicate down trend When trying to analyze Snake vs T3-Clean you can see a sell signal due to intersection happens And to make sure you can take a look on the trend session indicator and you can see the red bar to confirm a sell signal for current period Another important thing that you need to keep in mind is the support located at 0.7402 which may get the price reversed to up levels if it fails to break it

[troykilson]

On the NZDCHF hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 0.001 area below the level of balance and also the indicator is colored in red that is a strong indication of bearish direction on the short term. Another buy signal is shown on the moving average indicator as it is heading upward to let me think that the last top performed at 0.7455 could be a good place to set any sell position's stop loss level at.

[aliali1]

Monitoring the NZDCHF chart today I realized that a bearish trend is taking place and that�s because of the red arrow shown on the chart also the price 0.7575 which is considered a top is a matter of fact the strong resistance preventing the price from penetrating it and heading above it and that is of course if the trend kept heading strongly in the bearish direction.
The parabolic sar dots however is currently appearing above the candle sticks meaning the price would be heading down for quite some time.
If we are to be taking selling trades as the main trades then the support 0.7435 would be the best as initial taking profit position and also there is a great chance for the price to head north after reaching it.
.