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nzd/usd technical analysis by using : average directional movement index
adx : 48.8066
+di : 26.3870
-di : 10.8164
timeframe : 1 hour
time : 1200
date : 23.11.2012
The NZD/USD of point the from movement the continue to expected is pair 0.8120. Thus, kiwi the of shows strength of signs the, level highest the of breakdown the following 0.8120. Fact ace considered be can This of a BUY support strong this above deals for signal good ( 0.8120) at targets first the with 0.8155 and 0.8200 ( ace serve will it of a orders profit take for appropriate be to considered is and level resistance strong). Is resistance weekly the with coincide will level this that mention to necessary It 1 ( 0.8201). However, NZD the if and movement reverse the of case in / of level resistance the through break to fails pair usd 0.8201, of level the to decline further a show will market the 0.8160 order in mood bearish a indicating of to of level the at point pivot weekly the retest 0.8126.
Scenario for the week
Elliott: common flat correction up 0.8309
Current rise seems to be over near 0.8244 or 0.8288 for a retracement towards 0.8200 - 0.8175 area.
Warning: Low Zone - Imminent end of bullish move
Technical points
Key point 0.8293
Entry point 0.8210
Elliott 0.8052
Closing 0.8237
Projection 0.8309
Trendline 0.8113
Trendline 0.8173
Supports / Resistances
Res 2 0.8338
Ex-High 0.8251
Res 1 0.8288
Pivot 0.8200
Sup 1 0.8150
Ex-Low 0.8113
Sup 2 0.8062
The bulls still look play here.I see for next opening price - next week - this pair still good to be search for buy with max. TP for buy at near the 0.8276 (near the strong supply zone area).
Support: 0.8113
Pivot: 0.8211
Resistance: 0.8309
trendspotter sell
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator sell
20 Day Bollinger Bands hold
Technical Analysis For NZDUSD 40% Buy
NZD/USD was trading at 0.8157, down 0.02% at time of writing.
The pair was likely to find support at 0.8113, Wednesday’s low, and resistance at 0.8203, Monday’s high.
weekly analysis-
we can see there is very slow movement in this pair. last day price break the resistance level 0.8200 and reache 0.8232 this up trend is may be continue to till 0.8311 but at this range we can see a good resistance that is not breaking. we can short this pair at 0.8300 ragne with 0.8400 stop loss and take profit is 0.8000
There is a level rejection of resistance over deadlines H4 ; I think that it means that NZD/USD will reconstitute previously continue at the top the trend ; I shall try to take a short position for NZD/USD
Can forget about the sale, after the breakdown of strong resistance 8200 figures pair has made it clear about his future intentions, the road to the north is open to the flesh to 8300 figures, must wait for a good point of call in the purchase.