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NZDUSD 11-11-13
Market for NZDUSD today should not go lower than 0.8189. After this move down it should go up to 0.8320 area.
Key Point 0.8200
Entry Point 0.8278
Trendline 1 0.8352
Trendline 2 0.8317
Support 1 0.8196
Support 2 0.8149
Resistance 1 0.8320
Resistance 2 0.8397
Technical analysis of the pair
and trend is : NZD/USD
My Resistance and Supporting level of this pair is,
My Resistance level of this pair is,,
Resistance 1: 0.6800
Resistance 2: 0.6820
Resistance 3: 0.6840
My supporting level of this pair is ,,
Supporting 1: 0.6770
Supporting 2: 0.6750
Supporting 3: 0.6730
My daily trading,I hope the day is a success ...
NZD/USD (Daily Trade)
Resistance : R1 0.8318 R2 0.8343 R3 0.8363 R4 0.8393
Support : S1 0.8208 S2 0.8183 S3 0.8163 S4 0.8133
Open : 0.8260
High : 0.8283
Low : 0.8243
Range : 40 Pips
Running Price : 0.8277
For intraday trade today suggest BUY at the level 0.8277 stop loss at the level 0.8208 target take profit at the level 0.8363 or at the level 0.8393
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Now on the H4 graph, it is clearly seen that on Friday the NZD / USD currency pair was trading northward and managed to pass 61 points (0.6746 - 0.6807). Indicators are currently hinting at the possibility of buying a pair tomorrow to resistance levels of 0.6821 and 0.6844. Support levels for tomorrow's trading session are located at 0.6783 and 0.6760. Namely, for the beginning this level is 0.68106, followed by 0.68250 and 0.68944.
NZDUSD
The New Zealand Dollar depreciated about 49 base points against the US Dollar on Wednesday. The decline was stopped after the exchange rate pierced the weekly S1 at 0.6765.
The currency pair breached both the upper boundary of a descending channel pattern and the 50-hour simple moving average at 0.6783 during the middle of Thursday's trading session.
Most likely, it is expected that the currency exchange rate will make some gains within this session.
However, technical indicators demonstrate that the descending channel pattern is likely to guide the pair lower today.
My daily trading,I hope the day is a success ...
NZD/USD (Daily Trade)
Resistance : R1 0.8318 R2 0.8343 R3 0.8363 R4 0.8393
Support : S1 0.8208 S2 0.8183 S3 0.8163 S4 0.8133
Open : 0.8260
High : 0.8283
Low : 0.8243
Range : 40 Pips
Running Price : 0.8277
For intraday trade today suggest BUY at the level 0.8277 stop loss at the level 0.8208 target take profit at the level 0.8363 or at the level 0.8393
The pair continues the decline; meanwhile stochastic flattens within oversold area, while price is attempting to regain some momentum for a possible correction. In general, there are different technical factors that suggest a trend reversal and the downside bias to remain in favor in the upcoming period. Thus we hold onto our bearish expectations for the pair.
Recommendation : Based on the charts and explanations above, we recommend selling the pair around 0.7825 targeting 0.7755 and 0.7700. Stop loss above 0.7905.
once in the prediction of several indicators for the technical analysis of currency pairs NZDUSD on the market today at 0.6765 the resistent level , then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit at 0.6680 positions. You put a stop loss at 0.6764 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 0.6765
Resistent2 = 0.6777
Resistent3 = 0.6790
Support 1 = 0.6695
Support 2 = 0.6682
Support 3 = 0.6670
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
nzdusd let's see
0.8200
Entry Point 0.8278
Trendline 1 0.8352
Trendline 2 0.8317
Support 1 0.8196
Support 2 0.8149
Resistance 1 0.8320
Resistance 2 0.8397
NZDUSD Analysis
Support 0.6785
Support 0.6774
Support 0.6612
Resistance 0.6779
Resistance 0.6830
Resistance 0.6841