Nzd/usd technical analysis for 30.10.2012 by using : Auto pivot indicator.
resistance 3:0.8273
resistance 2:0.8253
resistance 1:0.8223
pivot point :0.8203
support 1:0.8173
support 2:0.8153
support 3:0.8123
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Nzd/usd technical analysis for 30.10.2012 by using : Auto pivot indicator.
resistance 3:0.8273
resistance 2:0.8253
resistance 1:0.8223
pivot point :0.8203
support 1:0.8173
support 2:0.8153
support 3:0.8123
http://img41.imageshack.us/img41/8/imagegr.gif
Continued sideway range control on the movement of the pair NZD / USD, while the SMA 50 continues to protect the trades
Expectations remain positive and needs activated breach the 0.8260 level along with stability above 0.8160
http://i47.tinypic.com/2po4iab.gif
The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 0.8100 and key resistance at 0.8355. Based upon my chart analysis, I prefer to buying the pair above 0.8200 with targets 0.8255, 0.8310 then 0.8355 and stoploss with four hour candle closing below 0.8135.
Eyes on NZD/USD. Next Resistance on near 0.8240 . So i will take a shot from 0.8230-40 area with SL 0.8280 lets see what happen... its not a signal its a alarm to watch the pair...so this is time to see what will happened.
The New Zealand dollar rose against its U.S. counterpart in thin trade on Tuesday, but sentiment remained under pressure as markets remained focused on Hurricane Sandy.
NZD/USD hit 0.8222 during European morning trade, the session high; the pair subsequently consolidated at 0.8220, adding 0.34%.
The pair was likely to find support at 0.8170, the low of October 26 and resistance at 0.8266, the high of October 5.
Markets were jittery after Spanish Prime Minister Mariano Rajoy said Monday that he would request a bailout "when I think it is in the interests of Spain".
His comments came after official data showed Spanish retail sales dropped at the fastest pace on record in September, further clouding the economic outlook.
Later Tuesday, Italy was planning to auction as much as EUR7 billion of government bonds, but investor remained jittery amid concerns over former Prime Minister Silvio Berlusconi's threat to bring down the current government.
the pair rose in the morning to close to the level of expected breached resistance at 0.8260, while the stochastic continues its upward trend, taking into account approaching overbought levels.
This pair New Zealand dollar against the U.S. dollar goes positively this morning and then approached the level of resistance at 0.8233 and could not penetrate and possible note change the pair to the downside Lada could not penetrate resistance and change scenario pair of bullish to bearish
Support 0.8137
Resistance 0.8260
NZD/USD
BUY
Entry :- 0.81980
TP1 :- 0.82371
TP2 :- 0.82762
SL :- 0.81201
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend
By nzd can also expect a decrease, the couple went back to the resistance of 8228 which has repeatedly fought to the south, in the region is moving and 200, the purchase will be considered only when confident of consolidation above 8235.
Support 0.8200 0.8185 0.8135 0.8100 0.8080
Resistance 0.8255 0.8310 0.8355 0.8415 0.8470