analysis of Teknikal today :
Trend H1 : go down
Support : 0.8153
Resistance : 0.8183
On this day seen in movement go down and come near 0.8143.
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analysis of Teknikal today :
Trend H1 : go down
Support : 0.8153
Resistance : 0.8183
On this day seen in movement go down and come near 0.8143.
The trading range for today is among the key support at 0.8080 and the key resistance at 0.8255.
The short term trend is to the upside with steady daily closing above 0.7930 targeting level 0.8400
nzd/usd technical analysis by using : average directional movement index
adx : 48.5168
+di : 14.0429
-di : 21.8405
timeframe : 1 hour
time : 2000
date : 23.10.2012
Elliott: irregular flat correction down 0.8063
Market should not go lower than 0.8109 - 0.8083. After this move down it should go up to 0.8150 - 0.8166 area.
Warning: End of trend
Technical points
Key point 0.8113
Entry point 0.8143
Elliott 0.8230
Closing 0.8116
Projection 0.8034
Trendline 0.8172
Trendline 0.8169
Supports / Resistances
Res 2 0.8217
Ex-High 0.8184
Res 1 0.8166
Pivot 0.8134
Sup 1 0.8083
Ex-Low 0.8101
Sup 2 0.8051
NZDUSD had broken the support level at 0.8126 strongly yesterday. So, I think NZDUSD has an opportunity to continue the down trend today. NZDUSD may tries to touch or hit the next support level at around 0.8075 today.
Spoiler:
Price is trying to go up after fell down in yesterday's movement. price back to daily pivot level (0.8333). If positif sentiment still continue for market today, price predic will rise strong until back to yesterday's opening level. level 0.8165 as weekly pivot level will be a next barrier for price to go up.
R3 and S3 can be both regarded as clear indicators of the maximum range of extreme volatility, though it is possible to pass them through.
Nzd/usd technical analysis for 24.10.2012 by using : Auto pivot indicator.
resistance 3:0.8257
resistance 2:0.8222
resistance 1:0.8170
pivot point :0.8135
support 1:0.8083
support 2:0.8048
support 3:0.7996
Sell NZDUSD at 0.8175 SL 0.8215 TP 0.8135
Technical analysis pair NZD / USD on Wednesday, October 24, 2012.
In time frame 1 H, looks candle had bounce down after touching WMA 100. MACD is still in the area sell, CCI and the AO has changed color. This shows that the pair NZD / USD has a tendency to continue the down trend. As the first destination is 0.8100 (lowest price yesterday). Good luck ............