Nzd/Usd

Nzd/usd analysis for 04.15.2013 by using pivot indicator.

r3: 0.8734
r2: 0.8688
r1: 0.8638

pivot: 0.8592

s1: 0.8542
s2: 0.8497
s3: 0.8446

Spoiler:

http://i.imgur.com/s4yeP3F.png

On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
50 RSI cross the line below area 50 ,indicates the trend is still down
Recommendation: SELL
Take profit: 0.8446
SL:0.8542

Pivot levels today:
R3: 0.8727
R2: 0.8685
R1: 0.8631
PP: 0.8588
S1: 0.8534
S2: 0.8492
S1: 0.8438
Comment: Price now is below the daily and weekly pivots, and also breaks S1.
Forecast: Price will fall to 0.8417, and if it can break this level this will open the way to more fall to 0.8178. but if it bounces, it will rise again to 0.8610

for this pair i place pending sell order @ 0.8495
stop loss of the day @ 0.8522
take profit of the day @ 0.8456

Nzd/usd pivot levels for today by using : fibonacci pivot indicator.

r3: 0.8690
r2: 0.8653
r1: 0.8630

pivot : 0.8593

s1: 0.8556
s2: 0.8533
s3: 0.8496

A careful analysis of the daily chart we can see that there was a rebound from the top of the long-term channel pair for the last few days has fallen decently and to the north do not even think to turn around, could not resist and 8500 the figure below which the pair steadily stronger, well, what is now waiting for 8400, the index dollar went back to the growth.

Couple just went to two strong support levels, sloping trend line and horizontal support 8460, the last two-hour candles have a long lower wick suggesting that active + purchases after such a severe decline bears should start to take profits, stochastics gave a buy signal, wait for growth to the area of ​​8550 + -.

Nzd/usd analysis for 04.16.2013 by using pivot indicator.

r3: 0.8736
r2: 0.8658
r1: 0.8532

pivot: 0.8454

s1: 0.8328
s2: 0.8250
s3: 0.8124

From 04:20 16-Apr-2013 GMT
Till 08:20 16-Apr-2013 GMT
Sell
Sell at 0.8488
Take profit* at 0.8442
Stop loss at 0.8522

Nzd/usd pivot levels for today by using : fibonacci pivot indicator.

r3: 0.8661
r2: 0.8583
r1: 0.8534

pivot : 0.8456

s1: 0.8378
s2: 0.8329
s3: 0.8251