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The pair intraday analysis at H1 using williams percentage range and moving average are showing the pair may continue the bullish reversal today. It may up to the strong resistance. Try to find good resistance and set Long deal on it. Today SNR :
R3 : 0.8040
R2 : 0.7978
R1 : 0.7918
Pivot level : 0.7865
S1 : 0.7812
S2 : 0.7747
S3 : 0.7700
kiwi support 0.7750 is proving out to be very crucial for intraday traders and it has risen for almost 10 times in past weeks and rejection from 0.7860 is also the same but it has now being crossed and i would be watching 0.7970 resistance carefully as it will signal continuation But for short term I am expecting a break below 0.7720 for continuation towards 0.7570 where we can see some recovery
regards
today i like to sell this pair @ 0.7893
my stop loss of the day @ 0.7927
half take profit for today @ 0.7863
and further half take profit @ 0.7838
As you see in my following attached chart, descending channel has been broken now, so more bullish movements are expected targeting 50, 38 and 23 fibo levels
http://charts.mql5.com/2/56/nzdusd-d...orex-group.png
Nzd/usd pivot levels for 17.7.2013 by using fibonacci pivot indicator.
resistant 1:0.7967
resistant 2:0.7927
resistant 3:0.7901
pivot point :0.7861
support 1:0.7820
support 2:0.7795
support 3:0.7754
The pair NZD / USD has decided to once again test the strength of the horizontal resistance 7900 figure, while not believe in breach of this mark - in the first place (at the beginning of the consolidation and spread) from her consider reducing the area 7870, but stop and pivot point buy is about 7910, this opens a local maximum of 7966.
NZD continues its growth in the north, just could not resist the upper zone 3 fractals 7900 figure, which opened the 7970 breakthrough (the zone of the upper fractal), now in the market there is a general trend on the fall of the U.S. dollar and against her better not to go gliding alligator show signal 3 lines - signal the continuation of the northern trend.
time frame- H1
the price break the pivot point at the 0.7862 and again moving up side. the price move at the daily resistance 0.7930 and rejected up movement. the price is making a doji pattern and giving us short signal. we can short this pair with the take profit at 0.7825 and stop loss at the 0.7920
good luck.
http://charts.mql5.com/2/58/nzdusd-d...orex-group.png
how are you
we can see in the 1d chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 0.8074
so our target buy from 0.7904 and our target will 170pips
Good luck
A pair of Kiwi / American in a smooth downward channel. At the moment it is trading around 0.7850 with a tendency to decrease. At half the price chart H1 slightly below the moving MA, AC in green and below the zero level. There is a signal from 3mA Cross. (White arrow) forecast. Probably the pair will decline. The first goal can serve as a lower bound of the channel (0.7834). I assume that the channel is broken and the pair will go to the level of 0.7821, and maybe lower.