After a strong downtrend yesterday, price is going sideway until now. We can enter the selling plan after price breakthrough 0.8326 for a valid downtrend directions, and enter the buying plan after price break 0.8381.
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After a strong downtrend yesterday, price is going sideway until now. We can enter the selling plan after price breakthrough 0.8326 for a valid downtrend directions, and enter the buying plan after price break 0.8381.
http://www10.0zz0.com/2013/02/21/12/237242942.gif
we can see in the 1d chart
the pair trading down the 23.6
I see the pair will go to down way to 0.8280
stochastic refers that the pair will go down
so our target sell from 0.8365 and our target will 70pips
Good luck
:peace::accute::)))
in the m30 time frame this pair is moving in the channel pattern. the upper side resistance of this channel is 0.8360 and lower side support is 0.8330. at the time this pair is also moving to the side of overbought so it will try to break the upper side resistance and will move to the next resistance at 0.8390
NZD / USD at 0.8330 Establishing a New Low / 33
NZD / USD, as are several other risk-based assets during the 24-hour week, has been under siege, after reducing the FOMC yesterday. Overnight trading reveals an overall negative shift as the pair has fallen below the 0.8400 level, building session lows at the moment is at 0.8330 / 33.
Currently, the pair is operating in negative territory, down -0.28% Thursday. Technical analyst Tim ICN.com show to support at 0.8310 to 0.8275, and finally 0.8225 level. In contrast, the recovery movement appears in the handle of 0.8355 will revive the resistance at 0.8385 to 0.8400 (above the critical barrier).
* "NZD / USD is now in front of the crucial support level of bullish confirmation signal without penetration or rebound in the cards today, force us to ultimately be neutral in the European session waiting for confirmation signals in both directions.
Support: 0.8312, 0.8297, 0.8274
Resistance: 0.8388, 0.8373, 0.8350
in the m30 chart this is break the resistance at 0.8360 and moving to the up side. at the time stoch and cci are also oversold. we can long this pair with the target next resistance at 0.8410 and stop loss is 0.8350
NZD / USD, No Intervention RBNZ Looks At Home Eye - TDS
With Kiwi last traded near the highest in sesion 0.8385, the lowest 8-day leave just yesterday at 0.8315, a Singapore-based analyst, at TD Securities believes Alvin Pontoh RBNZ will not interfere in the near future because there is not enough conditions required fulfilled, or "RBNZ could not resist the 'power of capital flows' that have pushed Kiwi up," said Alvin.
"Even if the RBNZ to intervene, it is limited to only 'smooth top'. If this can be achieved with negligible cost through 'open mouth operations', then why interfere with precious few resources at hand? ", He concluded.
sell nzd/usd at the level 0.8380 with targets at 0.8290 and 0.8208, but in case of breaking the level 0.8400, then buy above this level with targets at 0.8480 and 0.8540
Current trend jo hai woh upward trend pe hai aur badme target hai 0.8300 then 0.8335 agar price niche ki aur gaya toh lowest point hai iska 0.8210, breaking the trend turn to the downside targeting 0.8175 then 0.8145
nzd/usd technical analysis by using : adx
adx : 20.6685
+di : 19.1789
-di : 12.4449
timeframe : 1 hour
date : 22.02.13