Nzd/Usd

Nzd/usd bi aik acha trading pair hay magar is mein spread bohat zada hay is liye mein is pay zada trade nahi kerta or is kay analysis bi bohay hard hotay hay leken ye pair achi daily pips deta hay.

Being corrected now, but the trend is still bearish. I guess this pair will fall to 0.8065, and may continue to as low as 0.8028, after correction was done.

nzd/usd technical analysis for 15.11.2012 by using : Auto pivot indicator.

resistance 3:0.8256
resistance 2:0.8219
resistance 1:0.8161

pivot point :0.8124

support 1:0.8066
support 2:0.8029
support 3:0.7971

Elliott: extension wave down 0.8055
Market should not go lower than 0.8095 - 0.8066. After this move down it should go up to 0.8142 - 0.8160 area.
Warning: Imminent end of bearish move
Technical points
Key point 0.8069
Entry point 0.8128
Elliott 0.8203
Closing 0.8102
Projection 0.8074
Trendline 0.8182
Trendline 0.8160
Supports / Resistances
Res 2 0.8217
Ex-High 0.8181
Res 1 0.8160
Pivot 0.8124
Sup 1 0.8066
Ex-Low 0.8088
Sup 2 0.8030

http://img32.imageshack.us/img32/4142/imagezvq.gif

The pair NZD / USD breach of 0.8145 level and settled without him, to open the way for the continuation of the bearish correction

The goal now resides near 0.8000, noting that breach the 0.8145 level will provide opportunities for higher return the upward tendency of the rate of new

NZD also pleased good falls, the couple just gave an excellent entry point (at the top of the correctional wave) for another sale of resistance 8130, while interesting point will be developed around 8088, if there is a breakdown of this level is to be the figure of 8000.

Pair tends to fall, now you can see a vivid example of the mirror level - the level of 8124 after the break was the resistances, the pair once again tested it (in the area are also moving alligator) and resumed the fall, on the daily chart has a change of trend, reducing the wait.

After a strong bearish occured yesterday, today this pair going flat and move between 0.8087 till 0.8130. The retracement move still not reach fibo 50 @0.8134 and now it looks going down again. I expect the bearish will continue till meet the support 0.8086.

I think NZDUSD will continue to move from the point of 0.8125. Thus, this pair showed signs of strength, following penetrated the highest level of 0.8125.

nzd/usd technical analysis by using : average directional movement index

adx : 17.2934
+di : 12.7365
-di : 16.3959
timeframe : 1 hour

time : 1600
date : 15-11-2012