Spoiler:
At the H4 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
* 21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 0.8351
Printable View
At the H4 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
* 21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 0.8351
http://img838.imageshack.us/img838/4893/imagekvw.gif
Finds pair NZD / USD difficulty so far beyond the pivotal resistance level is now rising to 0.8280
Price stability over the support located at 0.8195 makes us hold onto our bullish short-term trend, and targets start at 0.8400
Nzd/usd technical analysis for 05.11.2012 by using : Auto pivot indicator.
resistance 3:0.8330
resistance 2:0.8310
resistance 1:0.8279
pivot point :0.8259
support 1:0.8228
support 2:0.8208
support 3:0.8177
nz/usdr finds difficulty so far beyond the pivotal resistance level is now rising to 0.8280
See now pair New Zealand dollar against the U.S. dollar difficult so far to go beyond the level of resistance at the 0.8256 level and this pair is currently between the levels of 0.8230 and the level of 0.82 50
Support 0.8232
Resistance 0.8256
Steam again approached the zone of strong support levels - including the level-sloping and horizontal 8230, in the first place, I expect them to retreat to the north, but the pair still be able to break through them, I will sell.
The trading range for this week is expected among the key support at 0.8080 and resistance at 0.8470.
The short term trend is to the upside targeting 0.8400 with steady daily closing above 0.7930.
There are signs of recovery in the NZDUSD corrective to the 0.8270 or even 0.8281. Support at 0.8245 and 0.8231.
nzd/usd technical analysis by using : average directional movement index
adx : 21.5232
+di : 11.7964
-di : 11.5761
timeframe : 1 hour
time : 1900
date : 05.11.2012
Elliott: flat correction down 0.8216
It may attempt a test higher to 0.8260 - 0.8269 after which weakness may set it to a drift down to below 0.8234 limit.
Technical points
Key point 0.8259
Entry point 0.8252
Elliott 0.8289
Closing 0.8254
Projection 0.8244
Trendline 0.8266
Trendline 0.8243
Supports / Resistances
Res 2 0.8285
Ex-High 0.8266
Res 1 0.8269
Pivot 0.8250
Sup 1 0.8234
Ex-Low 0.8231
Sup 2 0.8215