Nzd/Usd

NZDUSD,H1
Date 2013.05.17
Time 02:00

Spoiler:

http://charts.mql5.com/1/571/nzdusd-...ex-group-3.png

Open 0.8173
High 0.8174
Low 0.8171
Close 0.8171
Volume 31
SMA(5) 0.8164
SMA(10) 0.8174
SMA(20) 0.8180
SMA(50) 0.8204
SMA(100) 0.8232
SAR 0.8148

Indicator window 1
Stoch(5,3,3) 63.4783
Signal 45.2415

Indicator window 2
RSI(14) 44.4749

Indicator window 3
MACD(12,26,9) -0.00127
Signal -0.00132

Indicator window 4
%R(14) -52.1739

based on combination of indicators above,
trend : BEARISH

elliott irregular flat correction down 0.8085 there is bearish potential for a fall to 0.8148 - 0.8106 while 0,8189 - 0.8214 resist after this fall a recovery up to 0.8214 or 0.8239 is expected

we can see in the 1h chart
I see the pair will go to down way to 0.8068
so our target sell from 0.8162 and our target will 100pips


:accute::peace:

Nzd/usd pivot levels by using fibobnacci pivot indicator.

r3: 0.8324
r2: 0.8272
r1: 0.8240

pivot : 0.8189

s1: 0.8137
s2: 0.8105
s3: 0.8054

very strong bearish mode is confirmed by both of histograms of Accumulated Oscilator (AO), Relative Vigor Index (RVI) and Gator Oscilators simultantly which are below zero line or negative value as indication for strong drive for downtrend movement from 0.8107 then fast stochastic line is intersecting slow stochastic line bottom upward near buy border level 20 as rebound

Pivot levels today:
R3: 0.8369
R2: 0.8321
R1: 0.8237
PP: 0.8188
S1: 0.8103
S2: 0.8053
S3: 0.7971
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 0.7971.

NZD / USD on the daily chart the pair came close to the horizontal support 8080 after touching at which there was a rebound, I think after such a sharp decline can be expected at the beginning of the mid-term correction in the northern growth area of at least 8165 because the bears will soon be fixed.

the pair trading down the 61.8 I see the pair will go to down way to 0.7849 stochastic refers that the pair will go down so our target sell from 0.8083 and our target will 230pips


:yahoo::happy::accute:

---------- Post added at 01:10 PM ---------- Previous post was at 12:30 PM ----------

the pair will go to down way to the down trend line
i see the pair will go to down way to 0.7884
stochastic refers that the pair will go down
so our target sell from 0.8084 and our target will 200ips
Good luck

nzd/usd market analysis by using average directional movement index

adx : 35.1582
+di : 7.3682
-di : 25.5035

timeframe : h1
time : 1600
date : 17.05.2013

Nzd/usd analysis for 05.17.13 by using pivot indicator.

r3: 0.8370
r2: 0.8320
r1: 0.8238

pivot: 0.8188

s1: 0.8106
s2: 0.8056
s3: 0.7974