Nzd/Usd

Even though recent calls for Kiwi overvaluation coming from the IMF or NZ Finance Minister Bill English yesterday, NZD/USD is last at 0.8235, off session lows at 0.8224, retracing from Monday's NY session close weekly highs at 0.8273. The pair managed to close the weekly opening gap to 0.8216 lows on Cyprus bailout conditions fears, but it has not been able to move any higher for the week so far.
According to IMF's Bruce Aitken, the Kiwi is overvalued about a 15%, which would mean an exchange rate of 0.7 USD from current levels, "though it is difficult to put a precise figure on it," the economist added. Fears on most severe drought in last 30 years in NZ, worse trade deficit than expected just released, and Fonterra's warnings on milk production declines for the months ahead are all putting pressure to the downside for NZD/USD, though demand for high yielders is still holding the pair from going much lower, analysts say.
Immediate support to the downside for NZD/USD lies at recent session/yesterday's lows 0.8223/17, followed by March 04 lows/200 day SMA at 0.8193/6, and Dec 26/March 13 lows at 0.8162/55. To the upside, closest resistance shows at session highs 0.8256, followed by weekly highs/previous weekly close at 0.8273, and Friday's highs/Jan 28 lows at 0.8280.

Nzd/usd technical analysis by using moving averages.

date : 03.20.2013

time : 0615 GMT

time frame : 15 min

sma200 : 0.8245 signal- sell.
sma100 : 0.8239 signal- sell.

Nzd/usd analysis for 03.20.2013 by using pivot indicator.

r3: 0.8309
r2: 0.8289
r1: 0.8267

pivot: 0.8247

s1: 0.8225
s2: 0.8205
s3: 0.8183

http://charts.mql5.com/1/180/nzdusd-...orex-group.png




hi

how are you

we can see in the m30 chart

the pair will go up to fibo 38.2

I see the pair will go to up way to 0.8233

stochastic refers that the pair will go up

so our target buy from 0.8218 and our target will 14pips

Good luck
:respect::woo::happy::doubt:

Again nzd keep selling the pair slowly but surely work out a retreat from the upper boundary of the descending channel, now the course is in a small correction stage and went to the horizontal resistance around 8230 which also runs and 200 moving, I think the rating and will reduce the resume point, the goal is still 8150 (lower bound of the channel).

As you see in my following attached chart, the pair is trading within descending channel, so bearish movements are expected targeting the lower line of the channel.

this pair the elliott common flat correction up to level 0.8277 and the technical points is the key point 0.9252 and entry point 0.8245 - elliott 0.8163 - closing 0.8245 and the trend line 0.8238
the support and resitances
res2 0.8289
res1 0.8248
pivot 0.8248


sup1 0.8226
sup2 0.8200

http://charts.mql5.com/1/182/nzdusd-...orex-group.png





hi

how are you

we can see in the 4h chart

the pair will go up to fibo 38.2

I see the pair will go to up way to 0.8264

stochastic refers that the pair will go up

so our target buy from 0.8221 and our target will 43pips

Good luck

Pair : NZDUSD
Updated : Thu, Mar 21 05:12
Price : 0.8264
Movement : 41.6 Pips
Movement : 0.51%

Support : 0.8185
Pivot : 0.8228
Resistance : 0.8271
:yahoo:

8270 ko break kiya hai...ye 1 bahut purana aur strong resistance tha is pair ka..
isko break karnek e baad isne fir down trend ke option diye h ai lekin i think iske signals ko aur clear hone ka wait karna chahiye kyunki isne abhi apna resistence toda hai