Nzd/Cad

Nzd/cad technical analysis

date : 08.21.2013
time : 12:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 46.02

2) MACD (26,12,9)
value: -0.0002

3) ADX (14)
value: 23.54

4)CCI(14)
value: -22.54

overall trend - slightly bullish.

The NZD/CAD In line 4H There are two consecutive summits
every top of the low of her pervious summit is
an indication of the low is uncertain,
and I expect his arrival to the resistance line at
the point of 0.8226 and selling at this point

http://charts.mql5.com/2/326/nzdcad-...orex-group.png



hi
we can see in the 1h chart
the pair will go up to fibo 38.2
I see the pair will go to down way to 0.8292
stochastic refers that the pair will go up
so our target buy from 0.8228 and our target will 65pips

Good luck

today i like to sell this pair @ 0.8267
my stop loss of the day @ 0.8300
half take profit for today @ 0.8250
and further half take profit @ 0.8234

the pair go back from fibo 61 to down way

stochastic refers to down way also

so the target is sell the pair to fibo 100

if the pair broke fibo 61 to up way we will cancel the down view

http://www5.0zz0.com/2013/08/21/17/608539754.png

http://charts.mql5.com/2/328/nzdcad-...orex-group.png



hi
we can see in the 1h chart
the pair will go to down way to the down trend line
i see the pair will go to down way to 0.8119
rsi refers that the pair will go down
so our target sell from 0.8219 and our target will 100pips
Good luck

the pair trade down the down trend in 1h chart

stochastic refers to down way

so the pair will continue to down way
http://www6.0zz0.com/2013/08/21/21/610255022.png

Once in the prediction of several indicators for the technical analysis of currency pairs NZD/CAD on the market today are at the 0.8237 pivot then I recommend you to do the open position BUY with some criteria such as the following
You put a take profit at 0.8258 positions
You put a stop loss at 0.8198 positions
Support and resistance at (R3 = 0.8623), (R2 = 0.8494), (R1 = 0.8367), (Pivots = 0.8237), (S1 = 0.8104), (S2 = 0.7963), (S3 = 0.7830)
For long-term targets remain BUY with a target of 100 pips profit

in 1h chart
the pair close down the up trend
i see the pair will go up to 0.8200
good luck
http://www2.0zz0.com/2013/08/21/22/702380963.png

Nzd/cad analysis for 08.22.2013 by using pivot indicator.

r3: 0.83492
r2: 0.83196
r1: 0.82668

pivot: 0.82372

s1: 0.81844
s2: 0.81548
s3: 0.81020