Nzd/usd analysis for 04.22.2013 by using pivot indicator.
r3: 0.8559
r2: 0.8525
r1: 0.8471
pivot: 0.8437
s1: 0.8383
s2: 0.8349
s3: 0.8295
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Nzd/usd analysis for 04.22.2013 by using pivot indicator.
r3: 0.8559
r2: 0.8525
r1: 0.8471
pivot: 0.8437
s1: 0.8383
s2: 0.8349
s3: 0.8295
new signal
From 01:17 22-Apr-2013 GMT
Till 05:17 22-Apr-2013 GMT
Buy
Buy at 0.841
Take profit* at 0.8458
Stop loss at 0.8378
---------- Post added at 11:45 AM ---------- Previous post was at 10:16 AM ----------
From 01:17 22-Apr-2013 GMTQuote:
Originally Posted by zhulkutai
Till 05:17 22-Apr-2013 GMT
Filled
Bought at 0.841
Sold at 0.8458
Profit 48 pips :good:
Fibonacci pivot today
r3 = 0.8532
r2 = 0.8498
r1 = 0.8477
pp = 0.8443
s1 = 0.8409
s2 = 0.8388
s3 = 0.8354
Pivot levels today:
R3: 0.8561
R2: 0.8225
R1: 0.8467
PP: 0.8431
S1: 0.8372
S2: 0.8336
S3: 0.8278
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, and also there is a downword trend @ 1H time frame, so more fall is predicted.
Forecast: Price may fall to 0.8300, but if it can break 0.8500, this will open the way to more rising to 0.8601.
NZD USD
From 05:48 22-Apr-2013 GMT
Till 09:48 22-Apr-2013 GMT
Sell
Sell at 0.8444
Take profit* at 0.8402
Stop loss at 0.8482
Calculation results Pivot Today
Resistance 2 = 0.8518
Resistance 1 = 0.8459
Pivot Point = 0.8430
Support 1 = 0.8371
Support 2 = 0.8342
From 05:48 22-Apr-2013 GMTQuote:
Originally Posted by zhulkutai
Till 09:48 22-Apr-2013 GMT
Cancelled
Sell at 0.8444
Take profit at 0.8402
Stop loss at 0.8482
While on nzd consider two scenarios 1 - bears are not able to overcome the horizontal support level 8400 figure of her and look forward to the beginning of the northern growth, profit for 8500 mark 2 at the break of 8490 sales turn over in 8280 with the goals of + -.
time frame- H1
the price is hold at the support 0.8390 and not break. it is making a pin bar candle that followed by a bullish candle. so up movement is expected to the target upper resistance at the 0.8475 and stop loss is 0.8350
At the 4-hour chart is clearly seen that the couple are under intense pressure to bear concentrated their forces in the slide alligator markedly decreasing the formation dynamics of the upper fractal sell signal should be a break of the lower fractals 8400 figures that will open the 8340, 8310.