Printable View
Short-term analysis for NZDUSD currency pair for today, I recommend you to put a stop order pending, ie buystop at 0.8582 and sell prices stp at 0.8542 price. because the longterm NZDUSD currency pair uptrend is still in a state to do so you can put a limit buy at 0.8513 or even if the price drop is too strong a limit to the price movement is 0.8490
On the hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI line cross above the 50 area, indicates the trend is still up
Recommendation: BUY
Take profitt: 0.8628
Stop Loss :0.8540
As you can see in the chart that the pair is moving above the pivot point now.
My preference will be to buy at this stage with take profit just below the Resistance 2 at 0.8600 and stop loss just below the pivot point 1 at 0.8560
http://charts.mql5.com/1/452/nzdusd-...orex-group.png
aik pair he - is main ager trading karni he tu dollor ka chart ka study karien aur us ke ups down ke chanses ke mutabiq sell ya buying karo
NZDUSD saw market movements in the H4 timeframe seems still stuck at 38.2% Fibonacci point. most likely when the break point will be forwarded down to the point of 50%. but for now still stuck first in the 38.2% Fibonacci support. very risky to open a position for now.
https://lh6.googleusercontent.com/-b...5BUNSET%5D.png
Pair : NZDUSD
Updated : Thu, May 02 06:10
Price : 0.8505
Movement : 8.1 Pips
Movement : 0.10%
Support : 0.8418
Pivot : 0.8519
Resistance : 0.8620
:)))
NZDUSD,H1
Date 2013.05.02
Time 04:00
Open 0.8495
High 0.8495
Low 0.8487
Close 0.8490
Volume 34
SMA(5) 0.8500
SMA(10) 0.8497
SMA(20) 0.8521
SMA(50) 0.8547
SMA(100) 0.8535
SAR 0.8529
Indicator window 1
Stoch(5,3,3) 46.3415
Signal 62.1918
Indicator window 2
RSI(14) 35.0229
Indicator window 3
MACD(12,26,9) -0.00171
Signal -0.00179
Indicator window 4
%R(14) -89.0110
based on combination of indicators above,
trend : BEARISH
simultantly value of Accumulated Oscilator (AO), Relative Vigor Index (RVI) and Gator Oscilators confirm this pair is still in strong bearish mode because this value of indicators is still below the zero line or in negative value as very strong bearish indication from level 0.8484 and both fast moving average line is still not crossing slow MA so bullish is still not happening until now and pair is still moving sideway near low level as strong consolidation
As you can see in the chart that the pair is moving below the pivot point now.
My preference will be to sell at this stage with take profit just above the Support 2 at 0.8425 and stop loss at 30 pips distance.
http://charts.mql5.com/1/458/nzdusd-...ex-group-8.png
Pivot levels today:
R3: 0.8669
R2: 0.8625
R1: 0.8568
PP: 0.8524
S1: 0.8466
S2: 0.8422
S3: 0.8366
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 0.8366.
Spoiler: